Envista Holdings Corp’s recent filing unveils that its SVP, Orthodontics Conley Eric acquired Company’s shares for reported $50015.0 on Nov 16 ’23. In the deal valued at $22.89 per share,2,185 shares were bought. As a result of this transaction, Conley Eric now holds 47,376 shares worth roughly $0.91 million.
Then, Nance Mark E bought 5,000 shares, generating $108,750 in total proceeds. Upon buying the shares at $21.75, the General Counsel now owns 39,042 shares.
Before that, Aghdaei Amir bought 10,000 shares. Envista Holdings Corp shares valued at $215,253 were divested by the Chief Executive Officer at a price of $21.53 per share. As a result of the transaction, Aghdaei Amir now holds 295,362 shares, worth roughly $5.67 million.
Leerink Partners initiated its Envista Holdings Corp [NVST] rating to an Underperform in a research note published on February 26, 2024; the price target was $19. A number of analysts have revised their coverage, including Jefferies’s analysts, who decreased its forecast for the stock in early February from “a Buy” to “a Hold”. William Blair also remained covering NVST and has decreased its forecast on February 08, 2024 with a “Mkt perform” recommendation from previously “an Outperform” rating. UBS started covering the stock on January 05, 2024. It rated NVST as “a Neutral”.
Price Performance Review of NVST
On Friday, Envista Holdings Corp [NYSE:NVST] saw its stock fall -4.53% to $19.18. Over the last five days, the stock has lost -6.26%. Envista Holdings Corp shares have fallen nearly -20.28% since the year began. Nevertheless, the stocks have fallen -50.30% over the past one year. While a 52-week high of $39.70 was reached on 01/10/24, a 52-week low of $20.00 was recorded on 04/12/24. SMA at 50 days reached $21.61, while 200 days put it at $26.16. A total of 1.6 million shares were traded, compared to the trading of 1.13 million shares in the previous session.
Levels Of Support And Resistance For NVST Stock
The 24-hour chart illustrates a support level at 18.87, which if violated will result in even more drops to 18.56. On the upside, there is a resistance level at 19.70. A further resistance level may holdings at 20.22. The Relative Strength Index (RSI) on the 14-day chart is 32.55, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.76, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.06%. Stochastics %K at 4.45% indicates the stock is a buying.
