REV Group Inc’s filing revealed that its VP, Corp. Controller & CAO LaDue Joseph unloaded Company’s shares for reported $0.15 million on Jan 13 ’25. In the deal valued at $32.21 per share,4,533 shares were sold. As a result of this transaction, LaDue Joseph now holds 20,442 shares worth roughly $0.76 million.
Then, LaDue Joseph bought 4,533 shares, generating $145,994 in total proceeds.
Before that, Dutil Charles sold 12,500 shares. REV Group Inc shares valued at $356,250 were divested by the Director at a price of $28.50 per share. As a result of the transaction, Dutil Charles now holds 41,628 shares, worth roughly $1.55 million.
Morgan Stanley downgraded its REV Group Inc [REVG] rating to an Underweight from a an Equal-weight in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who began to cover the stock in mid June with a ‘”an Equal-weight”‘ rating. DA Davidson also remained covering REVG and has increased its forecast on September 27, 2023 with a “Buy” recommendation from previously “Neutral” rating. Robert W. Baird revised its rating on March 06, 2023. It rated REVG as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of REVG
On Tuesday, REV Group Inc [NYSE:REVG] saw its stock jump 1.89% to $37.22. Over the last five days, the stock has lost -0.75%. REV Group Inc shares have risen nearly 16.79% since the year began. Nevertheless, the stocks have risen 40.45% over the past one year. SMA at 50 days reached $33.95, while 200 days put it at $31.27.
Levels Of Support And Resistance For REVG Stock
The Relative Strength Index (RSI) on the 14-day chart is 58.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.50, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 61.66%. Stochastics %K at 32.81% indicates the stock is a holding.
The most recent change occurred on June 29, 2022 when DA Davidson began covering the stock and recommended ‘”a Neutral”‘ rating along with a $11 price target.
