Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Veralto Corp shares valued at $989,710 were purchased by Honeycutt Jennifer on Apr 30 ’25. At $95.00 per share, Honeycutt Jennifer acquired 10,418 shares.
Also, Trivedi Surekha sold 590 shares, netting a total of over 57,260 in proceeds. Following the sale of shares at $97.05 each, the insider now holds 10,011 shares.
Before that, Trivedi Surekha had added 590 shares to its account. In a trade valued at $57,260, the Officer bought Veralto Corp shares for $97.05 each.
As published in their initiating research note from Jefferies on December 12, 2024, Veralto Corp [VLTO] has been a Buy and the price target has been revised to $125. Analysts at UBS started covering the stock with ‘”a Neutral”‘ outlook in a report released in mid August. As of June 17, 2024, TD Cowen has initiated its “Hold” rating for VLTO. Earlier on March 22, 2024, Goldman initiated its rating. Their recommendation was “a Buy” for VLTO stock.
Analyzing VLTO Stock Performance
During the last five days, there has been a surge of approximately 5.91%. Over the course of the year, Veralto Corp shares have dropped approximately -5.84%. Shares of the company reached a 52-week high of $104.78 on 01/15/25 and a 52-week low of $83.86 on 04/09/25. A 50-day SMA is recorded $95.29, while a 200-day SMA reached $103.10.
Support And Resistance Levels for Veralto Corp (VLTO)
According to the 24-hour chart, there is a support level at 90.76, which, if violated, would cause prices to drop to 85.61. In the upper region, resistance lies at 98.56. The next price resistance is at 101.21. RSI (Relative Strength Index) is 58.46 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.97, which suggests the price will increase in the coming days. Percent R is at 1.75%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
