Vertiv Holdings Co’s recent filing unveils that its EVP, Man., Logistics and Op Ex Karlborg Anders unloaded Company’s shares for reported $5.07 million on Dec 02 ’24. In the deal valued at $128.98 per share,39,339 shares were sold. As a result of this transaction, Karlborg Anders now holds 22,502 shares worth roughly $1.99 million.
Then, Karlborg Anders bought 39,339 shares, generating $5,074,012 in total proceeds.
Before that, Liang Stephen sold 86,619 shares. Vertiv Holdings Co shares valued at $11,352,915 were divested by the Chief Technology Officer & EVP at a price of $131.07 per share. As a result of the transaction, Liang Stephen now holds 19,551 shares, worth roughly $1.73 million.
RBC Capital Mkts initiated its Vertiv Holdings Co [VRT] rating to an Outperform in a research note published on March 07, 2025; the price target was $121. A number of analysts have revised their coverage, including Melius’s analysts, who decreased its forecast for the stock in late January from “a Buy” to “a Hold”. Morgan Stanley began covering VRT with “an Overweight” recommendation on January 06, 2025. Barclays started covering the stock on December 12, 2024. It rated VRT as “an Equal weight”.
Price Performance Review of VRT
On Friday, Vertiv Holdings Co [NYSE:VRT] saw its stock fall -0.51% to $88.63. Over the last five days, the stock has gained 1.35%. Vertiv Holdings Co shares have fallen nearly -21.99% since the year began. Nevertheless, the stocks have risen 15.01% over the past one year. While a 52-week high of $155.84 was reached on 01/24/25, a 52-week low of $62.40 was recorded on 03/10/25. SMA at 50 days reached $107.76, while 200 days put it at $102.15.
Levels Of Support And Resistance For VRT Stock
The 24-hour chart illustrates a support level at 86.55, which if violated will result in even more drops to 84.47. On the upside, there is a resistance level at 89.91. A further resistance level may holdings at 91.19. The Relative Strength Index (RSI) on the 14-day chart is 44.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.31, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 16.96%. Stochastics %K at 72.50% indicates the stock is a holding.
How much short interest is there in Vertiv Holdings Co?
A steep rise in short interest was recorded in Vertiv Holdings Co stocks on 2025-02-28, dropping by -4.52 million shares to a total of 9.89 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 14.41 million shares. There was a decline of -45.72%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on November 13, 2024 when UBS began covering the stock and recommended ‘”a Buy”‘ rating along with a $155 price target.
