In a filing, Veralto Corp revealed its President and CEO Honeycutt Jennifer unloaded Company’s shares for reported $1.03 million on Mar 24 ’25. In the deal valued at $98.56 per share,10,414 shares were sold. As a result of this transaction, Honeycutt Jennifer now holds 116,637 shares worth roughly $11.4 million.
Then, Honeycutt Jennifer bought 10,414 shares, generating $1,026,404 in total proceeds.
Before that, Trivedi Surekha sold 590 shares. Veralto Corp shares valued at $59,206 were divested by the SVP, Strategy & Sustainability at a price of $100.35 per share. As a result of the transaction, Trivedi Surekha now holds 8,470 shares, worth roughly $0.83 million.
Jefferies initiated its Veralto Corp [VLTO] rating to a Buy in a research note published on December 12, 2024; the price target was $125. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in mid August with a ‘”a Neutral”‘ rating. TD Cowen began covering VLTO with “Hold” recommendation on June 17, 2024. Goldman started covering the stock on March 22, 2024. It rated VLTO as “a Buy”.
Price Performance Review of VLTO
On Tuesday, Veralto Corp [NYSE:VLTO] saw its stock fall -0.52% to $97.75. Over the last five days, the stock has lost -0.62%. Veralto Corp shares have fallen nearly -4.03% since the year began. Nevertheless, the stocks have risen 8.73% over the past one year. While a 52-week high of $115.00 was reached on 01/15/25, a 52-week low of $85.91 was recorded on 03/13/25. SMA at 50 days reached $99.88, while 200 days put it at $103.88.
Levels Of Support And Resistance For VLTO Stock
The 24-hour chart illustrates a support level at 96.78, which if violated will result in even more drops to 95.82. On the upside, there is a resistance level at 98.77. A further resistance level may holdings at 99.80. The Relative Strength Index (RSI) on the 14-day chart is 45.84, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 57.97%. Stochastics %K at 44.21% indicates the stock is a holding.
How much short interest is there in Veralto Corp?
A steep rise in short interest was recorded in Veralto Corp stocks on 2025-03-14, dropping by -1.36 million shares to a total of 3.53 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 4.89 million shares. There was a decline of -38.48%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on March 12, 2024 when Exane BNP Paribas began covering the stock and recommended ‘”an Outperform”‘ rating along with a $103 price target.
