In a filing, Haemonetics Corp. revealed its EVP and General Counsel Basil Michelle L unloaded Company’s shares for reported $1.14 million on May 29 ’24. In the deal valued at $88.08 per share,12,990 shares were sold. As a result of this transaction, Basil Michelle L now holds 31,257 shares worth roughly $2.6 million.
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
Then, Strong Stewart W sold 8,857 shares, generating $775,253 in total proceeds. Upon selling the shares at $87.53, the President, Global Hospital now owns 18,196 shares.
Before that, Basil Michelle L sold 1,604 shares. Haemonetics Corp. shares valued at $152,508 were divested by the EVP and General Counsel at a price of $95.08 per share. As a result of the transaction, Basil Michelle L now holds 31,257 shares, worth roughly $2.6 million.
Needham upgraded its Haemonetics Corp. [HAE] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Mizuho’s analysts, who began to cover the stock in mid October with a ‘”a Buy”‘ rating. Needham also remained covering HAE and has decreased its forecast on January 27, 2022 with a “Hold” recommendation from previously “Buy” rating. Citigroup revised its rating on December 15, 2021. It rated HAE as “a Neutral” which previously was an “a Buy”.
Price Performance Review of HAE
On Tuesday, Haemonetics Corp. [NYSE:HAE] saw its stock jump 0.40% to $83.06. Over the last five days, the stock has lost -0.43%. Haemonetics Corp. shares have fallen nearly -2.87% since the year began. Nevertheless, the stocks have fallen -2.44% over the past one year. While a 52-week high of $97.97 was reached on 05/15/24, a 52-week low of $70.74 was recorded on 02/14/24. SMA at 50 days reached $88.73, while 200 days put it at $84.67. A total of 0.28 million shares were traded, compared to the trading of 1.48 million shares in the previous session.
Levels Of Support And Resistance For HAE Stock
The 24-hour chart illustrates a support level at 82.47, which if violated will result in even more drops to 81.88. On the upside, there is a resistance level at 83.58. A further resistance level may holdings at 84.10. The Relative Strength Index (RSI) on the 14-day chart is 38.98, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.60, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.25%. Stochastics%K at 23.16% indicates the stock is a holding.
