Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Becton Dickinson & Co. shares valued at $781,224 were sold by Goette Roland on May 15 ’24. At $236.73 per share, Goette Roland sold 3,300 shares. The insider’s holdings dropped to 11,308 shares worth approximately $2.6 million following the completion of this transaction.
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Also, Goette Roland sold 3,300 shares, netting a total of over 781,121 in proceeds. Following the sale of shares at $236.70 each, the insider now holds 14,608 shares.
Before that, Garrison Michael David had sold 1,715 shares from its account. In a trade valued at $399,269, the EVP & President Medical traded Becton Dickinson & Co. shares for $232.81 each. Upon closing the transaction, the insider’s holdings decreased to 1,715 shares, worth approximately $1.24 million.
As published in a research note from Raymond James on July 24, 2023, Becton Dickinson & Co. [BDX] has been rated up from a Mkt perform to an Outperform and the price target has been revised to $305. As of May 05, 2023, Piper Sandler has increased its “Neutral” rating to a “an Overweight” for BDX. Earlier on April 12, 2023, KeyBanc Capital Markets upgraded its rating. Their new recommendation was “an Overweight” for BDX stock which previously was a “a Sector weight”.
Analyzing BDX Stock Performance
During the last five days, there has been a drop of approximately -2.65%. Over the course of the year, Becton Dickinson & Co. shares have dropped approximately -5.53%. Shares of the company reached a 52-week high of $249.89 on 01/09/24 and a 52-week low of $229.40 on 04/17/24. A 50-day SMA is recorded $237.61, while a 200-day SMA reached $247.02. Nevertheless, trading volume fell to 1.3 million shares from 1.36 million shares the previous day.
Support And Resistance Levels for Becton Dickinson & Co. (BDX)
According to the 24-hour chart, there is a support level at 228.41, which, if violated, would cause prices to drop to 226.47. In the upper region, resistance lies at 233.43. The next price resistance is at 236.50. RSI (Relative Strength Index) is 39.32 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.27, which suggests the price will decrease in the coming days. Percent R is at 92.02%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
