Taking a Closer Look At Masimo Corporation (MASI) Following Its Recent Trade


In a filing, Masimo Corporation revealed its CEO and Chairman of the Board KIANI JOE E acquired Company’s shares for reported $1.02 million on Dec 15. In the deal valued at $144.79 per share,7,040 shares were bought. As a result of this transaction, KIANI JOE E now holds 46,818 shares worth roughly $ 7.83 million.

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Then, KIANI JOE E bought 31,994 shares, generating $3,967,010 in total proceeds. Upon buying the shares at $123.99, the CEO and Chairman of the Board now owns 39,778 shares.

Before that, KIANI JOE E bought 7,784 shares. Masimo Corporation shares valued at $1,006,255 were divested by the CEO and Chairman of the Board at a price of $129.27 per share. As a result of the transaction, KIANI JOE E now holds 7,784 shares, worth roughly $1.3 million.

Raymond James upgraded its Masimo Corporation [MASI] rating to an Outperform from a a Mkt perform in a research note published on Tuesday. PT values the company’s stock at a premium of 10.53 to its Tuesday closing price. A number of analysts have revised their coverage, including BTIG Research’s analysts, who increased its forecast for the stock in mid December from “a Neutral” to “a Buy”. Needham also remained covering MASI and reiterated its “Buy” recommendation on December 05, 2022. Jefferies started covering the stock on October 12, 2022. It rated MASI as “a Buy”.

Price Performance Review of MASI

On Tuesday, Masimo Corporation [NASDAQ:MASI] saw its stock fall -1.05% to $167.31. On the same session, the stock had its day’s lowest price of $166.56, but rose to a high of $170.69. Over the last five days, the stock has gained 3.99%. Masimo Corporation shares have risen nearly 13.09% since the year began. Nevertheless, the stocks have risen 9.20% over the past one year. While a 52-week high of $176.42 was reached on 02/02/23, a 52-week low of $108.89 was recorded on 01/03/23. SMA at 50 days reached $160.16, while 200 days put it at $145.23. A total of 0.57 million shares were traded, compared to the trading of 0.39 million shares in the previous session.

Levels Of Support And Resistance For MASI Stock

The 24-hour chart illustrates a support level at 165.68, which if violated will result in even more drops to 164.06. On the upside, there is a resistance level at 169.81. A further resistance level may holdings at 172.32. The Relative Strength Index (RSI) on the 14-day chart is 53.82, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.50, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 46.54%. Stochastics %K at 54.41% indicates the stock is a holding.

How much short interest is there in Masimo Corporation?

A steep rise in short interest was recorded in Masimo Corporation stocks on Jan 12, 2023, dropping by -0.49 million shares to a total of 1.46 million shares. Yahoo Finance data shows the prior-month short interest on Dec 14, 2022 was 1.95 million shares. There was a decline of -33.56%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 3.82% of the overall stock float, the days-to-cover ratio (short ratio) fell to 3.04.

Masimo Corporation [MASI] – Who Are The Largest Shareholders?

In filings from Fidelity Management & Research Co, it is revealed that the company now owns 5,038,557 shares, or roughly 9.59% of the outstanding MASI shares. In other words, the investor’s shares have risen by 1,473,286 from its previous 13-F filing of 3565271.0. Additionally, The Vanguard Group, Inc. increased 5.01% of its stake after which the total value it holdings stand at $807,576,917, while Politan Capital Management LP added 1.96% of its stake to hold $806.17 million in the firm. Over the last quarter, BlackRock Fund Advisors sold -37,590 shares of Masimo Corporation, while SSgA Funds Management, Inc. sold 41,611 shares. At present, RTW Investments LP is holding 1,501,493 shares valued at $255.37 million. Liontrust Investment Partners LLP owned 950,700 shares of the company at the time of its most recent 13F filing, worth $161.7 million.

According to FactSet, Masimo Corporation’s share price will average $168.75 in the next year, based on opinions of analysts polled by the firm. This is up nearly 1.43 percent from its previous closing price of $169.08. Analysts expect Masimo Corporation stock to reach the higher price of $187.00, while the lowest price estimate is $135.00. However, 8 analysts have rated MASI stock as a Buy in their predictions for 2023.


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