Teleflex Incorporated’s recent filing unveils that its Corp. VP & Chief HR Officer Hicks Cameron P unloaded Company’s shares for reported $1.67 million on Mar 05 ’24. In the deal valued at $225.00 per share,7,401 shares were sold. As a result of this transaction, Hicks Cameron P now holds 10,050 shares worth roughly $2.11 million.
Then, Kelly Liam sold 26,256 shares, generating $6,570,023 in total proceeds. Upon selling the shares at $250.23, the Chairman, President & CEO now owns 18,470 shares.
Before that, POWELL THOMAS E sold 13,952 shares. Teleflex Incorporated shares valued at $3,109,671 were divested by the Executive Vice President & CFO at a price of $222.88 per share. As a result of the transaction, POWELL THOMAS E now holds 14,384 shares, worth roughly $3.02 million.
Morgan Stanley upgraded its Teleflex Incorporated [TFX] rating to an Overweight from a an Equal-weight in a research note published recently. A number of analysts have revised their coverage, including Needham’s analysts, who decreased its forecast for the stock in late June from “a Buy” to “a Hold”. CL King started covering the stock on May 30, 2023. It rated TFX as “a Buy”.
Price Performance Review of TFX
On Tuesday, Teleflex Incorporated [NYSE:TFX] saw its stock fall -0.27% to $210.10. Over the last five days, the stock has lost -6.12%. Teleflex Incorporated shares have fallen nearly -15.74% since the year began. Nevertheless, the stocks have fallen -20.37% over the past one year. While a 52-week high of $276.43 was reached on 02/16/24, a 52-week low of $177.63 was recorded on 04/16/24. SMA at 50 days reached $228.51, while 200 days put it at $225.42. A total of 0.2 million shares were traded, compared to the trading of 0.29 million shares in the previous session.
Levels Of Support And Resistance For TFX Stock
The 24-hour chart illustrates a support level at 207.52, which if violated will result in even more drops to 204.93. On the upside, there is a resistance level at 212.96. A further resistance level may holdings at 215.81. The Relative Strength Index (RSI) on the 14-day chart is 37.73, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.79, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.37%. Stochastics %K at 12.98% indicates the stock is a buying.
