Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. REV Group Inc shares valued at $146,008 were sold by LaDue Joseph on Jan 13 ’25. At $32.21 per share, LaDue Joseph sold 4,533 shares. The insider’s holdings dropped to 20,442 shares worth approximately $0.67 million following the completion of this transaction.
Also, LaDue Joseph purchased 4,533 shares, netting a total of over 145,994 in proceeds.
Before that, Dutil Charles had sold 12,500 shares from its account. In a trade valued at $356,250, the Director traded REV Group Inc shares for $28.50 each. Upon closing the transaction, the insider’s holdings decreased to 12,500 shares, worth approximately $1.36 million.
As published in a research note from Morgan Stanley on April 16, 2025, REV Group Inc [REVG] has been rated down from an Equal-weight to an Underweight and the price target has been revised to $33. Analysts at Morgan Stanley started covering the stock with ‘”an Equal-weight”‘ outlook in a report released in mid June. As of September 27, 2023, DA Davidson has increased its “Neutral” rating to a “Buy” for REVG. Earlier on March 06, 2023, Robert W. Baird upgraded its rating. Their new recommendation was “an Outperform” for REVG stock which previously was a “a Neutral”.
Analyzing REVG Stock Performance
During the last five days, there has been a surge of approximately 5.04%. Over the course of the year, REV Group Inc shares have jumped approximately 2.60%. Shares of the company reached a 52-week high of $36.00 on 01/23/25 and a 52-week low of $26.51 on 03/04/25. A 50-day SMA is recorded $31.03, while a 200-day SMA reached $30.15.
Support And Resistance Levels for REV Group Inc (REVG)
According to the 24-hour chart, there is a support level at 31.90, which, if violated, would cause prices to drop to 31.10. In the upper region, resistance lies at 33.17. The next price resistance is at 33.64. RSI (Relative Strength Index) is 57.55 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.01, which suggests the price will increase in the coming days. Percent R is at 3.22%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
