Evertec Inc’s filing revealed that its President & CEO Schuessler Morgan M unloaded Company’s shares for reported $3.0 million on Mar 06 ’25. In the deal valued at $37.45 per share,80,000 shares were sold. As a result of this transaction, Schuessler Morgan M now holds 282,172 shares worth roughly $10.51 million.
Then, Perez-Surillo Paola sold 14,585 shares, generating $541,830 in total proceeds. Upon selling the shares at $37.15, the Executive Vice President now owns 35,203 shares.
Before that, Viglianco Diego sold 23,996 shares. Evertec Inc shares valued at $887,254 were divested by the EVP & Chief Operating Officer at a price of $36.98 per share. As a result of the transaction, Viglianco Diego now holds 40,269 shares, worth roughly $1.5 million.
Susquehanna upgraded its Evertec Inc [EVTC] rating to a Neutral from a a Negative in a research note published on February 27, 2025; the price target was increased to $30 from $28. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in late November from “an Underweight” to “an Equal-weight”. Susquehanna also remained covering EVTC and has decreased its forecast on September 05, 2024 with a “Negative” recommendation from previously “Neutral” rating. Susquehanna revised its rating on January 24, 2022. It rated EVTC as “a Neutral” which previously was an “a Positive”.
Price Performance Review of EVTC
On Friday, Evertec Inc [NYSE:EVTC] saw its stock jump 0.30% to $37.24. Over the last five days, the stock has gained 2.50%. Evertec Inc shares have risen nearly 7.85% since the year began. Nevertheless, the stocks have fallen -0.67% over the past one year. While a 52-week high of $40.67 was reached on 03/03/25, a 52-week low of $28.76 was recorded on 01/13/25. SMA at 50 days reached $34.24, while 200 days put it at $33.89.
Levels Of Support And Resistance For EVTC Stock
The 24-hour chart illustrates a support level at 36.67, which if violated will result in even more drops to 36.09. On the upside, there is a resistance level at 37.58. A further resistance level may holdings at 37.92. The Relative Strength Index (RSI) on the 14-day chart is 61.58, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.39, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 27.03%. Stochastics %K at 66.30% indicates the stock is a holding.
How much short interest is there in Evertec Inc?
A steep rise in short interest was recorded in Evertec Inc stocks on 2025-02-28, dropping by -0.27 million shares to a total of 1.88 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 2.15 million shares. There was a decline of -14.42%, which implies that there is a negative sentiment for the stock.
