Vertiv Holdings Co. (NYSE:VRT – Get Free Report) Director Roger Fradin sold 101,666 shares of Vertiv stock in a transaction on Friday, February 27th. The shares were sold at an average price of $252.13, for a total value of $25,633,048.58. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Roger Fradin also recently made the following trade(s):
- On Thursday, February 26th, Roger Fradin sold 101,667 shares of Vertiv stock. The shares were sold at an average price of $253.42, for a total transaction of $25,764,451.14.
Vertiv Stock Up 1.1%
Shares of Vertiv stock traded up $2.79 during midday trading on Monday, hitting $257.68. The company had a trading volume of 5,362,374 shares, compared to its average volume of 6,737,294. Vertiv Holdings Co. has a 52-week low of $53.60 and a 52-week high of $264.86. The company has a 50 day moving average of $195.04 and a 200 day moving average of $171.97. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.22 and a current ratio of 1.55. The stock has a market capitalization of $98.59 billion, a P/E ratio of 60.83, a P/E/G ratio of 1.29 and a beta of 2.02.
Hedge Funds Weigh In On Vertiv
Institutional investors have recently bought and sold shares of the business. Hohimer Wealth Management LLC grew its stake in shares of Vertiv by 0.8% in the 4th quarter. Hohimer Wealth Management LLC now owns 6,264 shares of the company’s stock worth $1,015,000 after acquiring an additional 48 shares in the last quarter. Howard Capital Management Inc. increased its stake in shares of Vertiv by 3.0% in the third quarter. Howard Capital Management Inc. now owns 1,837 shares of the company’s stock worth $277,000 after buying an additional 54 shares during the period. Investors Asset Management of Georgia Inc. GA ADV lifted its position in shares of Vertiv by 1.9% in the 3rd quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 3,020 shares of the company’s stock worth $456,000 after purchasing an additional 55 shares during the period. Waterfront Wealth Inc. boosted its position in shares of Vertiv by 2.5% in the 4th quarter. Waterfront Wealth Inc. now owns 2,253 shares of the company’s stock worth $365,000 after purchasing an additional 56 shares in the last quarter. Finally, Vermillion & White Wealth Management Group LLC increased its holdings in shares of Vertiv by 58.3% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock worth $25,000 after purchasing an additional 56 shares in the last quarter. Institutional investors own 89.92% of the company’s stock.
Analyst Upgrades and Downgrades
A number of brokerages recently issued reports on VRT. Barclays upped their price objective on shares of Vertiv from $200.00 to $281.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Wolfe Research cut shares of Vertiv from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, December 9th. Citigroup boosted their price target on Vertiv from $220.00 to $286.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. The Goldman Sachs Group lifted their price target on shares of Vertiv from $204.00 to $277.00 and gave the company a “buy” rating in a report on Thursday, February 12th. Finally, Mizuho increased their price objective on shares of Vertiv from $198.00 to $290.00 and gave the company an “outperform” rating in a research report on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Vertiv has a consensus rating of “Moderate Buy” and a consensus price target of $230.28.
View Our Latest Stock Report on Vertiv
Vertiv Company Profile
Vertiv is a global provider of critical digital infrastructure and continuity solutions for data centers, communication networks and commercial and industrial environments. Headquartered in Columbus, Ohio, the company designs, manufactures and services equipment and software that support power availability, thermal management and IT infrastructure management for a broad set of end markets, including hyperscale and enterprise data centers, colocation providers, telecom operators and industrial customers.
The company’s product portfolio includes uninterruptible power supplies (UPS), power distribution units (PDUs), battery and DC power systems, precision cooling and thermal management equipment, racks and enclosures, and integrated modular infrastructure.
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