Valvoline (VVV) Director Stephen E. Macadam Acquires 5,000 Shares of Stock
Valvoline (NYSE:VVV) Director Stephen E. Macadam bought 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 28th. The stock was acquired at an average price of $22.00 per share, with a total value of $110,000.00. Following the completion of the purchase, the director now directly owns 5,000 shares of the company’s stock, valued at approximately $110,000. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Shares of Valvoline (NYSE:VVV) opened at 23.49 on Monday. Valvoline has a 52 week low of $23.00 and a 52 week high of $24.51. The firm’s 50-day moving average price is $23.60 and its 200 day moving average price is $23.60.
VVV has been the subject of several analyst reports. Seaport Global Securities initiated coverage on Valvoline in a research note on Monday, September 26th. They issued a “buy” rating and a $27.00 target price for the company. Gabelli began coverage on Valvoline in a research note on Wednesday, September 21st. They issued a “buy” rating and a $29.00 target price for the company. Finally, Monness Crespi & Hardt began coverage on Valvoline in a research note on Tuesday, September 27th. They set a “buy” rating and a $27.00 price target for the company.
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