The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Insulet Corporation shares valued at $65,729 were sold by BORIO LUCIANA on Jun 04 ’24. At $182.58 per share, BORIO LUCIANA sold 360 shares. The insider’s holdings dropped to 3,298 shares worth approximately $0.63 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, Scannell Timothy J sold 3,300 shares, netting a total of over 596,970 in proceeds. Following the sale of shares at $180.90 each, the insider now holds 42,586 shares.
Before that, Petrovic Shacey had sold 11,609 shares from its account. In a trade valued at $1,891,338, the Director traded Insulet Corporation shares for $162.92 each. Upon closing the transaction, the insider’s holdings decreased to 11,609 shares, worth approximately $0.49 million.
As published in their initiating research note from Redburn Atlantic on May 30, 2024, Insulet Corporation [PODD] has been a Buy and the price target has been revised to $235. Analysts at Wolfe Research upgraded the stock from ‘”a Peer perform”‘ to ‘”an Outperform”‘ outlook in a report released in early May. As of December 21, 2023, Robert W. Baird has increased its “Neutral” rating to a “an Outperform” for PODD. Earlier on December 04, 2023, Morgan Stanley upgraded its rating. Their new recommendation was “an Overweight” for PODD stock which previously was a “an Equal-weight”.
Analyzing PODD Stock Performance
During the last five days, there has been a surge of approximately 9.36%. Over the course of the year, Insulet Corporation shares have dropped approximately -11.32%. Shares of the company reached a 52-week high of $217.46 on 01/02/24 and a 52-week low of $160.19 on 05/14/24. A 50-day SMA is recorded $173.83, while a 200-day SMA reached $177.33. Nevertheless, trading volume fell to 0.99 million shares from 0.77 million shares the previous day.
Support And Resistance Levels for Insulet Corporation (PODD)
According to the 24-hour chart, there is a support level at 187.85, which, if violated, would cause prices to drop to 183.27. In the upper region, resistance lies at 195.77. The next price resistance is at 199.11. RSI (Relative Strength Index) is 62.73 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 6.40, which suggests the price will increase in the coming days. Percent R is at 8.88%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
