GoodRx Holdings Inc’s filing revealed that its insider Wagner Scott acquired Company’s shares for reported $0.12 million on Nov 30 ’23. In the deal valued at $5.76 per share,21,652 shares were bought. As a result of this transaction, Wagner Scott now holds 182,900 shares worth roughly $1.25 million.
Then, Wagner Scott bought 26,348 shares, generating $155,482 in total proceeds. Upon buying the shares at $5.90, the insider now owns 161,248 shares.
Before that, Wagner Scott bought 4,157 shares. GoodRx Holdings Inc shares valued at $24,940 were divested by the insider at a price of $6.00 per share. As a result of the transaction, Wagner Scott now holds 134,900 shares, worth roughly $0.92 million.
KeyBanc Capital Markets upgraded its GoodRx Holdings Inc [GDRX] rating to an Overweight from a a Sector weight in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who increased its forecast for the stock in late March from “an Equal weight” to “an Overweight”. JP Morgan also remained covering GDRX and has increased its forecast on March 01, 2024 with a “an Overweight” recommendation from previously “Neutral” rating. Leerink Partners started covering the stock on February 26, 2024. It rated GDRX as “an Outperform”.
Price Performance Review of GDRX
On Friday, GoodRx Holdings Inc [NASDAQ:GDRX] saw its stock fall -1.30% to $6.83. Over the last five days, the stock has lost -1.01%. GoodRx Holdings Inc shares have risen nearly 1.94% since the year began. Nevertheless, the stocks have risen 14.60% over the past one year. While a 52-week high of $9.37 was reached on 03/01/24, a 52-week low of $4.14 was recorded on 01/04/24. SMA at 50 days reached $6.84, while 200 days put it at $6.32. A total of 0.53 million shares were traded, compared to the trading of 0.96 million shares in the previous session.
Levels Of Support And Resistance For GDRX Stock
The 24-hour chart illustrates a support level at 6.78, which if violated will result in even more drops to 6.73. On the upside, there is a resistance level at 6.90. A further resistance level may holdings at 6.97. The Relative Strength Index (RSI) on the 14-day chart is 48.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.67%. Stochastics %K at 24.58% indicates the stock is a holding.
