Insider Buying: Valvoline (VVV) CFO Purchases 2,500 Shares of Stock
Valvoline (NYSE:VVV) CFO Mary E. Meixelsperger purchased 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, September 28th. The stock was bought at an average price of $22.00 per share, for a total transaction of $55,000.00. Following the purchase, the chief financial officer now owns 2,500 shares in the company, valued at approximately $55,000. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Valvoline (NYSE:VVV) opened at 23.49 on Friday. Valvoline has a 12 month low of $23.00 and a 12 month high of $24.51. The firm’s 50 day moving average is $23.60 and its 200-day moving average is $23.60.
A number of research analysts recently commented on VVV shares. Seaport Global Securities started coverage on shares of Valvoline in a research note on Monday, September 26th. They issued a “buy” rating and a $27.00 price target on the stock. Gabelli started coverage on shares of Valvoline in a research note on Wednesday, September 21st. They issued a “buy” rating and a $29.00 price target on the stock. Finally, Monness Crespi & Hardt started coverage on shares of Valvoline in a research note on Tuesday. They issued a “buy” rating and a $27.00 price target on the stock.
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