Glaukos Corporation’s recently made public that its PRESIDENT & COO Gilliam Joseph E unloaded Company’s shares for reported $6.01 million on Apr 08 ’24. In the deal valued at $100.47 per share,59,801 shares were sold. As a result of this transaction, Gilliam Joseph E now holds 101,845 shares worth roughly $9.87 million.
Then, Thurman Alex R. sold 1,372 shares, generating $137,944 in total proceeds. Upon selling the shares at $100.54, the SVP & CHIEF FINANCIAL OFFICER now owns 52,532 shares.
Before that, Gilliam Joseph E sold 2,457 shares. Glaukos Corporation shares valued at $237,862 were divested by the PRESIDENT & COO at a price of $96.81 per share. As a result of the transaction, Gilliam Joseph E now holds 101,845 shares, worth roughly $9.87 million.
JP Morgan upgraded its Glaukos Corporation [GKOS] rating to an Overweight from a a Neutral in a research note published on December 21, 2023; the price target was increased to $91 from $66. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who began to cover the stock in early December with a ‘”an Equal-weight”‘ rating. Truist began covering GKOS with “Buy” recommendation on November 28, 2023. Wells Fargo revised its rating on November 08, 2023. It rated GKOS as “an Overweight” which previously was an “an Equal weight”.
Price Performance Review of GKOS
On Tuesday, Glaukos Corporation [NYSE:GKOS] saw its stock jump 0.11% to $96.95. Over the last five days, the stock has lost -4.30%. Glaukos Corporation shares have risen nearly 21.97% since the year began. Nevertheless, the stocks have risen 99.24% over the past one year. While a 52-week high of $102.33 was reached on 04/09/24, a 52-week low of $45.38 was recorded on 01/03/24. SMA at 50 days reached $91.79, while 200 days put it at $78.41. A total of 0.43 million shares were traded, compared to the trading of 0.34 million shares in the previous session.
Levels Of Support And Resistance For GKOS Stock
The 24-hour chart illustrates a support level at 95.71, which if violated will result in even more drops to 94.47. On the upside, there is a resistance level at 98.28. A further resistance level may holdings at 99.60. The Relative Strength Index (RSI) on the 14-day chart is 58.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.08, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 37.97%. Stochastics %K at 65.66% indicates the stock is a holding.
