Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Veritone Inc shares valued at $1,269,212 were sold by Steelberg Chad on Dec 13 ’24. At $2.52 per share, Steelberg Chad sold 504,657 shares. The insider’s holdings dropped to 31,861 shares worth approximately $56393.97 following the completion of this transaction.
As published in their initiating research note from Ladenburg Thalmann on March 17, 2025, Veritone Inc [VERI] has been a Buy and the price target has been revised to $6. Analysts at H.C. Wainwright started covering the stock with ‘”a Buy”‘ outlook in a report released in late February. As of February 03, 2025, D. Boral Capital has initiated its “Buy” rating for VERI. Earlier on October 30, 2024, UBS upgraded its rating. Their new recommendation was “a Neutral” for VERI stock which previously was a “a Sell”.
Analyzing VERI Stock Performance
During the last five days, there has been a drop of approximately -11.06%. Over the course of the year, Veritone Inc shares have dropped approximately -46.04%. Shares of the company reached a 52-week high of $3.8400 on 01/06/25 and a 52-week low of $1.7200 on 05/15/25. A 50-day SMA is recorded $2.2593, while a 200-day SMA reached $2.9295.
Support And Resistance Levels for Veritone Inc (VERI)
According to the 24-hour chart, there is a support level at 1.7250, which, if violated, would cause prices to drop to 1.6800. In the upper region, resistance lies at 1.8100. The next price resistance is at 1.8500. RSI (Relative Strength Index) is 34.42 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.1295, which suggests the price will decrease in the coming days. Percent R is at 91.74%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
