Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Exact Sciences Corp. shares valued at $69,473 were sold by Conroy Kevin T on May 01 ’24. At $60.15 per share, Conroy Kevin T sold 1,155 shares. The insider’s holdings dropped to 1,156,191 shares worth approximately $62.53 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Cunningham Everett sold 136 shares, netting a total of over 8,180 in proceeds. Following the sale of shares at $60.15 each, the insider now holds 47,042 shares.
Before that, Elliott Jeffrey Thomas had sold 136 shares from its account. In a trade valued at $8,180, the Chief Financial Officer traded Exact Sciences Corp. shares for $60.15 each. Upon closing the transaction, the insider’s holdings decreased to 136 shares, worth approximately $0.64 million.
As published in a research note from The Benchmark Company on January 02, 2024, Exact Sciences Corp. [EXAS] has been rated up from a Hold to a Buy and the price target has been revised to $91. Analysts at Guggenheim started covering the stock with ‘”a Buy”‘ outlook in a report released in mid December. As of December 13, 2023, Wolfe Research has initiated its “an Outperform” rating for EXAS. Earlier on October 10, 2023, Piper Sandler upgraded its rating. Their new recommendation was “an Overweight” for EXAS stock which previously was a “a Neutral”.
Analyzing EXAS Stock Performance
During the last five days, there has been a surge of approximately 4.10%. Over the course of the year, Exact Sciences Corp. shares have dropped approximately -26.90%. Shares of the company reached a 52-week high of $79.62 on 04/02/24 and a 52-week low of $49.97 on 05/23/24. A 50-day SMA is recorded $62.06, while a 200-day SMA reached $66.54. Nevertheless, trading volume fell to 5.85 million shares from 2.61 million shares the previous day.
Support And Resistance Levels for Exact Sciences Corp. (EXAS)
According to the 24-hour chart, there is a support level at 51.16, which, if violated, would cause prices to drop to 48.24. In the upper region, resistance lies at 55.81. The next price resistance is at 57.54. RSI (Relative Strength Index) is 40.76 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.25, which suggests the price will decrease in the coming days. Percent R is at 70.45%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
