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A (Agilent Technologies Inc.) may reap gains as insiders became active recently

In a filing, Agilent Technologies Inc. revealed its Senior Vice President Binns Philip unloaded Company’s shares for reported $0.42 million on Mar 25 ’24. In the deal valued at $147.54 per share,2,827 shares were sold. As a result of this transaction, Binns Philip now holds 9,997 shares worth roughly $1.44 million.

Then, McMullen Michael R. sold 52,297 shares, generating $7,844,550 in total proceeds. Upon selling the shares at $150.00, the CEO and President now owns 253,909 shares.

Before that, Gonsalves Rodney sold 4,828 shares. Agilent Technologies Inc. shares valued at $719,348 were divested by the V.P., Corporate Controller at a price of $149.00 per share. As a result of the transaction, Gonsalves Rodney now holds 21,329 shares, worth roughly $3.07 million.

Stifel upgraded its Agilent Technologies Inc. [A] rating to a Buy from a a Hold in a research note published on April 05, 2024; the price target was increased to $163 from $145. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who began to cover the stock in mid December with a ‘”an Outperform”‘ rating. BofA Securities also remained covering A and has decreased its forecast on December 12, 2023 with a “Neutral” recommendation from previously “Buy” rating. UBS revised its rating on November 17, 2023. It rated A as “a Neutral” which previously was an “a Buy”.

Price Performance Review of A

On Friday, Agilent Technologies Inc. [NYSE:A] saw its stock jump 1.97% to $144.12. Over the last five days, the stock has lost -0.96%. Agilent Technologies Inc. shares have risen nearly 3.66% since the year began. Nevertheless, the stocks have risen 4.28% over the past one year. While a 52-week high of $151.58 was reached on 03/08/24, a 52-week low of $96.80 was recorded on 01/17/24. SMA at 50 days reached $139.46, while 200 days put it at $125.32. A total of 1.66 million shares were traded, compared to the trading of 1.18 million shares in the previous session.

Levels Of Support And Resistance For A Stock

The 24-hour chart illustrates a support level at 143.20, which if violated will result in even more drops to 142.28. On the upside, there is a resistance level at 145.27. A further resistance level may holdings at 146.42. The Relative Strength Index (RSI) on the 14-day chart is 51.44, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.56, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.81%. Stochastics %K at 16.87% indicates the stock is a buying.

How much short interest is there in Agilent Technologies Inc.?

A steep rise in short interest was recorded in Agilent Technologies Inc. stocks on Mar 15, 2024, growing by 0.37 million shares to a total of 3.58 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 3.21 million shares. There was a rise of 10.34%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 1.38% of the overall stock float, the days-to-cover ratio (short ratio) rose to 1.82.

The most recent change occurred on September 28, 2023 when Bernstein began covering the stock and recommended ‘”a Mkt perform”‘ rating along with a $123 price target.

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