In a filing, Victoria’s Secret & Co revealed its 10% Owner BBRC INTERNATIONAL PTE LTD acquired Company’s shares for reported $3.43 million on Apr 03 ’25. In the deal valued at $16.15 per share,212,500 shares were bought. As a result of this transaction, BBRC INTERNATIONAL PTE LTD now holds 10,310,631 shares worth roughly $198.58 million.
Then, BBRC INTERNATIONAL PTE LTD bought 584,000 shares, generating $10,793,955 in total proceeds. Upon buying the shares at $18.48, the 10% Owner now owns 10,098,131 shares.
Before that, BBRC INTERNATIONAL PTE LTD bought 124,326 shares. Victoria’s Secret & Co shares valued at $2,419,794 were divested by the 10% Owner at a price of $19.46 per share. As a result of the transaction, BBRC INTERNATIONAL PTE LTD now holds 9,514,131 shares, worth roughly $183.24 million.
Wells Fargo downgraded its Victoria’s Secret & Co [VSCO] rating to an Underweight from a an Equal weight in a research note published recently. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in early March has reiterated a ‘”a Market perform”‘ rating for it. Barclays also remained covering VSCO and has increased its forecast on January 28, 2025 with a “an Overweight” recommendation from previously “an Equal weight” rating. UBS revised its rating on December 10, 2024. It rated VSCO as “a Neutral” which previously was an “a Sell”.
Price Performance Review of VSCO
On Friday, Victoria’s Secret & Co [NYSE:VSCO] saw its stock fall -2.43% to $19.26. Over the last five days, the stock has lost -1.68%. Victoria’s Secret & Co shares have fallen nearly -53.50% since the year began. Nevertheless, the stocks have risen 7.48% over the past one year. While a 52-week high of $48.73 was reached on 01/06/25, a 52-week low of $13.76 was recorded on 04/04/25. SMA at 50 days reached $18.95, while 200 days put it at $27.98.
Levels Of Support And Resistance For VSCO Stock
The 24-hour chart illustrates a support level at 19.03, which if violated will result in even more drops to 18.80. On the upside, there is a resistance level at 19.68. A further resistance level may holdings at 20.10. The Relative Strength Index (RSI) on the 14-day chart is 52.12, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.53, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 28.07%. Stochastics %K at 80.96% indicates the stock is a selling.
