Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Vitesse Energy Inc shares valued at $179,233 were sold by SABOL MICHAEL on Jan 14 ’25. At $26.70 per share, SABOL MICHAEL sold 6,714 shares. The insider’s holdings dropped to 63,411 shares worth approximately $1.3 million following the completion of this transaction.
Also, Morella Mike sold 8,143 shares, netting a total of over 217,372 in proceeds. Following the sale of shares at $26.69 each, the insider now holds 81,615 shares.
Before that, Gerrity Robert W had added 10,000 shares to its account. In a trade valued at $247,300, the Chief Executive Officer bought Vitesse Energy Inc shares for $24.73 each. Upon closing the transaction, the insider’s holdings increased to 10,000 shares, worth approximately $10.13 million.
Analysts at Alliance Global Partners upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid December. As of November 06, 2024, Alliance Global Partners has decreased its “Buy” rating to a “Neutral” for VTS. Earlier on November 16, 2023, Alliance Global Partners initiated its rating. Their recommendation was “a Buy” for VTS stock.
Analyzing VTS Stock Performance
During the last five days, there has been a drop of approximately -2.85%. Over the course of the year, Vitesse Energy Inc shares have dropped approximately -18.20%. Shares of the company reached a 52-week high of $27.49 on 01/21/25 and a 52-week low of $18.90 on 04/09/25. A 50-day SMA is recorded $23.29, while a 200-day SMA reached $25.08.
Support And Resistance Levels for Vitesse Energy Inc (VTS)
According to the 24-hour chart, there is a support level at 20.21, which, if violated, would cause prices to drop to 19.97. In the upper region, resistance lies at 20.86. The next price resistance is at 21.28. RSI (Relative Strength Index) is 39.19 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.39, which suggests the price will decrease in the coming days. Percent R is at 56.90%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
