The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Veeco Instruments Inc shares valued at $46,967 were purchased by KIERNAN JOHN P on Apr 10 ’25. At $18.79 per share, KIERNAN JOHN P acquired 2,500 shares.
Also, KIERNAN JOHN P sold 2,500 shares, netting a total of over 51,700 in proceeds. Following the sale of shares at $20.68 each, the insider now holds 70,142 shares.
Before that, KIERNAN JOHN P had added 2,500 shares to its account. In a trade valued at $51,642, the Officer bought Veeco Instruments Inc shares for $20.66 each.
As published in a research note from Citigroup on January 06, 2025, Veeco Instruments Inc [VECO] has been rated up from a Neutral to a Buy and the price target has been revised to $33. Analysts at Citigroup downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in mid July. As of September 13, 2023, Citigroup has initiated its “Buy” rating for VECO. Earlier on September 01, 2023, Needham initiated its rating. Their recommendation was “a Buy” for VECO stock.
Analyzing VECO Stock Performance
During the last five days, there has been a surge of approximately 4.85%. Over the course of the year, Veeco Instruments Inc shares have dropped approximately -28.25%. Shares of the company reached a 52-week high of $29.33 on 01/07/25 and a 52-week low of $16.92 on 04/08/25. A 50-day SMA is recorded $21.01, while a 200-day SMA reached $28.87.
Support And Resistance Levels for Veeco Instruments Inc (VECO)
According to the 24-hour chart, there is a support level at 18.65, which, if violated, would cause prices to drop to 18.06. In the upper region, resistance lies at 19.56. The next price resistance is at 19.88. RSI (Relative Strength Index) is 48.12 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.01, which suggests the price will decrease in the coming days. Percent R is at 21.43%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
