Vacasa, Inc. (NASDAQ:VCSA) director sells $136,072.50 worth of stock


Vacasa, Inc. (NASDAQ: VCSAGet a rating) Manager Eric Breon sold 36,286 shares in a trade on Wednesday, June 8. The stock was sold at an average price of $3.75, for a total transaction of $136,072.50. Following the sale, the administrator now directly owns 4,054,589 shares of the company, valued at $15,204,708.75. The sale was disclosed in a filing with the Securities & Exchange Commission, accessible via this link.

Eric Breon also recently made the following trade(s):

  • On Monday June 6, Eric Breon sold 414,902 Vacasa shares. The shares were sold at an average price of $4.04, for a total transaction of $1,676,204.08.

Stock Vacasa traded down $0.38 in Friday’s midday session, hitting $2.92. 2,619,217 shares were traded, against an average volume of 930,815. Vacasa, Inc. has a fifty-two-week low of $2.92 and a fifty-two-week high of $11.00. The 50-day moving average price of the stock is $5.96.

Vacasa (NASDAQ: VCSAGet a rating) last released its quarterly earnings data on Wednesday, March 16. The company reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.26) by $0.20. The company posted revenue of $192.10 million for the quarter, versus analyst estimates of $178.56 million. Research analysts expect Vacasa, Inc. to post -0.49 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently changed their positions in the company. FourThought Financial LLC acquired a new stake in Vacasa stock during the first quarter worth approximately $32,000. Penserra Capital Management LLC acquired a new equity stake in Vacasa during the fourth quarter valued at approximately $34,000. Royal Bank of Canada increased its stake in Vacasa shares by 339.3% in the first quarter. Royal Bank of Canada now owns 4,942 shares of the company valued at $41,000 after purchasing an additional 3,817 shares during the period. Wells Fargo & Company MN bought a new position in Vacasa stock in the fourth quarter worth about $54,000. Finally, Advisor Group Holdings Inc. bought a new position in Vacasa stock in the fourth quarter worth about $67,000. Institutional investors and hedge funds hold 36.21% of the company’s shares.

A number of equity research analysts have recently commented on the stock. JPMorgan Chase & Co. assumed coverage for Vacasa shares in a Wednesday, February 16, research report. They issued an “overweight” rating and a target price of $10.00 for the company. JMP Securities cut its target price on Vacasa shares from $12.00 to $6.50 and set an “outperform mkt” rating for the company in a research report on Thursday. Zacks Investment Research cut Vacasa shares from a “hold” rating to a “sell” rating in a research report on Tuesday. Finally, Goldman Sachs Group cut its price target on Vacasa shares from $9.00 to $5.50 and set a “neutral” rating for the company in a research report on Thursday. One analyst rated the stock with a sell rating, three gave the stock a hold rating and four gave the stock a buy rating. Based on data from MarketBeat.com, Vacasa currently has a consensus rating of “Hold” and a consensus target price of $10.14.

About Vacasa (Get a rating)

Vacasa, Inc operates a vacation rental management platform in North America, Belize and Costa Rica. The company enables customers to search, discover and book its properties on Vacasa.com and the Vacasa Guest app. It also provides vacation home buying and selling services through its network of real estate agents.

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