Veritone Inc’s filing revealed that its Director Steelberg Chad unloaded Company’s shares for reported $1.27 million on Dec 13 ’24. In the deal valued at $2.52 per share,504,657 shares were sold. As a result of this transaction, Steelberg Chad now holds 31,861 shares worth roughly $70094.20000000001.
Ladenburg Thalmann initiated its Veritone Inc [VERI] rating to a Buy in a research note published on March 17, 2025; the price target was $6. A number of analysts have revised their coverage, including H.C. Wainwright’s analysts, who began to cover the stock in late February with a ‘”a Buy”‘ rating. D. Boral Capital began covering VERI with “Buy” recommendation on February 03, 2025. UBS revised its rating on October 30, 2024. It rated VERI as “a Neutral” which previously was an “a Sell”.
Price Performance Review of VERI
On Monday, Veritone Inc [NASDAQ:VERI] saw its stock jump 7.82% to $2.20. Over the last five days, the stock has lost -5.16%. Veritone Inc shares have fallen nearly -32.77% since the year began. Nevertheless, the stocks have fallen -67.90% over the past one year. While a 52-week high of $7.17 was reached on 01/06/25, a 52-week low of $1.90 was recorded on 04/07/25. SMA at 50 days reached $2.79, while 200 days put it at $3.03.
Levels Of Support And Resistance For VERI Stock
The 24-hour chart illustrates a support level at 1.96, which if violated will result in even more drops to 1.72. On the upside, there is a resistance level at 2.35. A further resistance level may holdings at 2.49. The Relative Strength Index (RSI) on the 14-day chart is 39.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.35, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.18%. Stochastics %K at 20.22% indicates the stock is a holding.
How much short interest is there in Veritone Inc?
A steep rise in short interest was recorded in Veritone Inc stocks on 2025-03-14, growing by 84689.0 shares to a total of 5.16 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 5.07 million shares. There was a rise of 1.64%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 30, 2024 when UBS began covering the stock and recommended ‘”a Neutral”‘ rating along with a $3.50 price target.
