Idexx Laboratories, Inc.’s filing revealed that its Executive Vice President POLEWACZYK JAMES F unloaded Company’s shares for reported $4.53 million on Mar 06 ’24. In the deal valued at $558.44 per share,8,104 shares were sold. As a result of this transaction, POLEWACZYK JAMES F now holds 10,711 shares worth roughly $5.33 million.
Then, Vandebroek Sophie V. sold 1,404 shares, generating $790,427 in total proceeds. Upon selling the shares at $562.98, the Director now owns 1,216 shares.
Before that, FENNELL GEORGE sold 8,198 shares. Idexx Laboratories, Inc. shares valued at $4,704,559 were divested by the SVP, Chief Revenue Officer at a price of $573.87 per share. As a result of the transaction, FENNELL GEORGE now holds 6,712 shares, worth roughly $3.34 million.
Piper Sandler downgraded its Idexx Laboratories, Inc. [IDXX] rating to a Neutral from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Exane BNP Paribas’s analysts, who began to cover the stock in early December with a ‘”an Outperform”‘ rating. Cleveland Research also remained covering IDXX and has increased its forecast on December 04, 2023 with a “Buy” recommendation from previously “Neutral” rating. Atlantic Equities revised its rating on August 02, 2023. It rated IDXX as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of IDXX
On Friday, Idexx Laboratories, Inc. [NASDAQ:IDXX] saw its stock fall -1.06% to $497.79. Over the last five days, the stock has lost -4.19%. Idexx Laboratories, Inc. shares have fallen nearly -10.32% since the year began. Nevertheless, the stocks have risen 5.71% over the past one year. While a 52-week high of $583.39 was reached on 03/01/24, a 52-week low of $372.50 was recorded on 04/12/24. SMA at 50 days reached $546.08, while 200 days put it at $504.86. A total of 0.51 million shares were traded, compared to the trading of 0.39 million shares in the previous session.
Levels Of Support And Resistance For IDXX Stock
The 24-hour chart illustrates a support level at 493.37, which if violated will result in even more drops to 488.96. On the upside, there is a resistance level at 501.82. A further resistance level may holdings at 505.86. The Relative Strength Index (RSI) on the 14-day chart is 28.00, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -19.40, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.46%. Stochastics %K at 7.77% indicates the stock is a buying.
