Valvoline (NYSE:VVV) Director Stephen E. Macadam acquired 5,000 shares of Valvoline stock in a transaction on Wednesday, September 28th. The stock was purchased at an average price of $22.00 per share, with a total value of $110,000.00. Following the purchase, the director now owns 5,000 shares of the company’s stock, valued at approximately $110,000. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Valvoline (NYSE:VVV) traded down 0.04% during midday trading on Friday, hitting $23.49. The stock had a trading volume of 1,686,793 shares. The stock has a 50-day moving average price of $23.62 and a 200 day moving average price of $23.62. Valvoline has a one year low of $23.00 and a one year high of $24.51.
A number of equities research analysts have weighed in on the company. Seaport Global Securities assumed coverage on Valvoline in a research note on Monday. They issued a “buy” rating and a $27.00 price objective for the company. Monness Crespi & Hardt assumed coverage on Valvoline in a research note on Tuesday. They issued a “buy” rating and a $27.00 price objective for the company. Finally, Gabelli assumed coverage on Valvoline in a research note on Wednesday, September 21st. They set a “buy” rating and a $29.00 price target for the company.
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