Vertiv Holdings Co (NYSE: VRT) is 67.00% higher on its value in year-to-date trading and has touched a low of $34.60 and a high of $109.27 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The VRT stock was last observed hovering at around $78.06 in the last trading session, with the day’s gains setting it 2.15%.
Currently trading at $80.21, the stock is 6.92% and -3.06% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.43 million and changing 2.75% at the moment leaves the stock 11.12% off its SMA200. VRT registered 113.89% gain for a year compared to 6-month gain of 21.04%.
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The stock witnessed a 2.83% loss in the last 1 month and extending the period to 3 months gives it a -23.73%, and is 4.84% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.10% over the week and 5.71% over the month.
Vertiv Holdings Co (VRT) has around 27000 employees, a market worth around $30.09B and $7.20B in sales. Current P/E ratio is 62.39 and Fwd P/E is 24.70. Profit margin for the company is 6.93%. Distance from 52-week low is 131.82% and -26.60% from its 52-week high. The company has generated returns on investments over the last 12 months (10.84%).
The EPS is expected to grow by 43.84% this year.
Vertiv Holdings Co (VRT) Top Institutional Holders
1226.0 institutions hold shares in Vertiv Holdings Co (VRT), with institutional investors hold 85.34% of the company’s shares. The shares outstanding are 381.79M, and float is at 365.96M with Short Float at 5.43%. Institutions hold 84.56% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 34.13 million shares valued at $2.95 billion. The investor’s holdings represent 9.0024% of the VRT Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 33.65 million shares valued at $2.91 billion to account for 8.8747 of the shares outstanding. The other top investors are FMR LLC which holds 23.86 million shares representing 6.2928% and valued at over $2.07 billion, while JPMORGAN CHASE & CO holds 4.3346 of the shares totaling 16.43 million with a market value of $1.42 billion.
Vertiv Holdings Co (VRT) Insider Activity
The most recent transaction is an insider sale by O’ Doherty Philip, the company’s Managing Director, E+I. SEC filings show that O’ Doherty Philip sold 9,529 shares of the company’s common stock on May 28 ’24 at a price of $109.30 per share for a total of $1.04 million. Following the sale, the insider now owns 6.88 million shares.
Vertiv Holdings Co disclosed in a document filed with the SEC on May 24 ’24 that O’ Doherty Philip (Managing Director, E+I) sold a total of 1,342,124 shares of the company’s common stock. The trade occurred on May 24 ’24 and was made at $104.59 per share for $140.37 million. Following the transaction, the insider now directly holds 6.89 million shares of the VRT stock.
Still, SEC filings show that on May 23 ’24, O’ Doherty Philip (Managing Director, E+I) disposed off 1,089,669 shares at an average price of $103.34 for $112.6 million. The insider now directly holds 8,234,512 shares of Vertiv Holdings Co (VRT).
