Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Agilent Technologies Inc. shares valued at $417,096 were sold by Binns Philip on Mar 25 ’24. At $147.54 per share, Binns Philip sold 2,827 shares. The insider’s holdings dropped to 9,997 shares worth approximately $1.35 million following the completion of this transaction.
Also, McMullen Michael R. sold 52,297 shares, netting a total of over 7,844,550 in proceeds. Following the sale of shares at $150.00 each, the insider now holds 253,909 shares.
Before that, Gonsalves Rodney had sold 4,828 shares from its account. In a trade valued at $719,348, the V.P., Corporate Controller traded Agilent Technologies Inc. shares for $149.00 each. Upon closing the transaction, the insider’s holdings decreased to 4,828 shares, worth approximately $2.87 million.
As published in a research note from Stifel on April 05, 2024, Agilent Technologies Inc. [A] has been rated up from a Hold to a Buy and the price target has been revised to $163 from $145. Analysts at Wolfe Research started covering the stock with ‘”an Outperform”‘ outlook in a report released in mid December. As of December 12, 2023, BofA Securities has decreased its “Buy” rating to a “Neutral” for A. Earlier on November 17, 2023, UBS downgraded its rating. Their new recommendation was “a Neutral” for A stock which previously was a “a Buy”.
Analyzing A Stock Performance
During the last five days, there has been a drop of approximately -6.67%. Over the course of the year, Agilent Technologies Inc. shares have dropped approximately -3.22%. Shares of the company reached a 52-week high of $151.58 on 03/08/24 and a 52-week low of $126.74 on 01/17/24. A 50-day SMA is recorded $140.98, while a 200-day SMA reached $126.25. Nevertheless, trading volume fell to 2.08 million shares from 1.35 million shares the previous day.
Support And Resistance Levels for Agilent Technologies Inc. (A)
According to the 24-hour chart, there is a support level at 132.46, which, if violated, would cause prices to drop to 130.37. In the upper region, resistance lies at 137.05. The next price resistance is at 139.55. RSI (Relative Strength Index) is 33.99 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -5.51, which suggests the price will decrease in the coming days. Percent R is at 88.66%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
