Veralto Corp’s recently made public that its SVP, Strategy & Sustainability Trivedi Surekha unloaded Company’s shares for reported $57260.0 on Apr 01 ’25. In the deal valued at $97.05 per share,590 shares were sold. As a result of this transaction, Trivedi Surekha now holds 10,011 shares worth roughly $0.85 million.
Then, Trivedi Surekha bought 590 shares, generating $57,260 in total proceeds.
Before that, Honeycutt Jennifer sold 10,414 shares. Veralto Corp shares valued at $1,026,404 were divested by the President and CEO at a price of $98.56 per share. As a result of the transaction, Honeycutt Jennifer now holds 116,637 shares, worth roughly $9.95 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 -2.05% to $85.32. Over the last five days, the stock has lost -12.60%. Veralto Corp shares have fallen nearly -16.23% since the year began. Nevertheless, the stocks have fallen -2.03% over the past one year. While a 52-week high of $115.00 was reached on 01/15/25, a 52-week low of $84.00 was recorded on 04/07/25. SMA at 50 days reached $98.15, while 200 days put it at $103.56.
Levels Of Support And Resistance For VLTO Stock
The 24-hour chart illustrates a support level at 83.04, which if violated will result in even more drops to 80.76. On the upside, there is a resistance level at 88.80. A further resistance level may holdings at 92.28. The Relative Strength Index (RSI) on the 14-day chart is 22.35, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.63%. Stochastics %K at 9.78% indicates the stock is a buying.
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.
