In a filing, Becton Dickinson & Co. revealed its SVP,Controller&Chief Acct Off Spoerel Thomas J unloaded Company’s shares for reported $67198.0 on Mar 14 ’24. In the deal valued at $238.29 per share,282 shares were sold. As a result of this transaction, Spoerel Thomas J now holds 2,276 shares worth roughly $0.55 million.
Then, Garrison Michael David sold 1,239 shares, generating $288,018 in total proceeds. Upon selling the shares at $232.46, the EVP & President Medical now owns 7,274 shares.
Before that, Byrd Richard sold 2,156 shares. Becton Dickinson & Co. shares valued at $514,141 were divested by the EVP & President Interventional at a price of $238.47 per share. As a result of the transaction, Byrd Richard now holds 4,120 shares, worth roughly $1.0 million.
Raymond James upgraded its Becton Dickinson & Co. [BDX] rating to an Outperform from a a Mkt perform in a research note published recently. Piper Sandler also remained covering BDX and has increased its forecast on May 05, 2023 with a “an Overweight” recommendation from previously “Neutral” rating. KeyBanc Capital Markets revised its rating on April 12, 2023. It rated BDX as “an Overweight” which previously was an “a Sector weight”.
Price Performance Review of BDX
On Monday, Becton Dickinson & Co. [NYSE:BDX] saw its stock fall -1.81% to $241.72. Over the last five days, the stock has lost -0.95%. Becton Dickinson & Co. shares have fallen nearly -0.87% since the year began. Nevertheless, the stocks have fallen -3.95% over the past one year. While a 52-week high of $287.32 was reached on 01/09/24, a 52-week low of $229.85 was recorded on 03/15/24. SMA at 50 days reached $240.21, while 200 days put it at $252.10. A total of 1.84 million shares were traded, compared to the trading of 0.11 million shares in the previous session.
Levels Of Support And Resistance For BDX Stock
The 24-hour chart illustrates a support level at 240.32, which if violated will result in even more drops to 238.91. On the upside, there is a resistance level at 244.37. A further resistance level may holdings at 247.01. The Relative Strength Index (RSI) on the 14-day chart is 50.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.57, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.46%. Stochastics %K at 64.28% indicates the stock is a holding.
How much short interest is there in Becton Dickinson & Co.?
A steep rise in short interest was recorded in Becton Dickinson & Co. stocks on Mar 15, 2024, growing by 0.32 million shares to a total of 2.79 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 2.47 million shares. There was a rise of 11.47%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 0.97% of the overall stock float, the days-to-cover ratio (short ratio) rose to 2.
