Valvoline (NYSE:VVV) CEO Samuel J. Mitchell acquired 25,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 28th. The stock was acquired at an average price of $22.00 per share, for a total transaction of $550,000.00. Following the completion of the acquisition, the chief executive officer now directly owns 25,000 shares of the company’s stock, valued at $550,000. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.
Shares of Valvoline (NYSE:VVV) opened at 23.49 on Friday. The firm has a 50-day moving average of $23.60 and a 200 day moving average of $23.60. Valvoline has a 12-month low of $23.00 and a 12-month high of $24.51.
Several equities analysts recently weighed in on VVV shares. Gabelli started coverage on shares of Valvoline in a report on Wednesday, September 21st. They issued a “buy” rating and a $29.00 price objective on the stock. Seaport Global Securities began coverage on shares of Valvoline in a report on Monday, September 26th. They issued a “buy” rating and a $27.00 target price on the stock. Finally, Monness Crespi & Hardt began coverage on shares of Valvoline in a report on Tuesday. They issued a “buy” rating and a $27.00 target price on the stock.
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