RxSight Inc’s recently made public that its insider Goldshleger Ilya unloaded Company’s shares for reported $0.35 million on Aug 05 ’24. In the deal valued at $39.25 per share,9,000 shares were sold. As a result of this transaction, Goldshleger Ilya now holds 42,246 shares worth roughly $2.39 million.
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Then, ILYA GOLDSHLEGER bought 9,000 shares, generating $353,290 in total proceeds.
Before that, Thunen Shelley B sold 10,000 shares. RxSight Inc shares valued at $586,055 were divested by the Chief Financial Officer at a price of $58.61 per share. As a result of the transaction, Thunen Shelley B now holds 13,938 shares, worth roughly $0.79 million.
Needham reiterated its RxSight Inc [RXST] rating to a Buy in a research note published on August 20, 2024; the price target was $66. A number of analysts have revised their coverage, including Needham’s analysts, who remained covering the stock and in early August has reiterated a ‘”a Buy”‘ rating for it. BTIG Research also remained covering RXST and reiterated its “Buy” recommendation on May 07, 2024. Wells Fargo revised its rating on December 13, 2023. It rated RXST as “an Overweight” which previously was an “an Equal weight”.
Price Performance Review of RXST
On Tuesday, RxSight Inc [NASDAQ:RXST] saw its stock jump 1.25% to $56.56. Over the last five days, the stock has gained 5.15%. RxSight Inc shares have risen nearly 40.28% since the year began. Nevertheless, the stocks have risen 91.73% over the past one year. While a 52-week high of $66.54 was reached on 05/07/24, a 52-week low of $20.66 was recorded on 01/03/24. SMA at 50 days reached $51.47, while 200 days put it at $49.09.
Levels Of Support And Resistance For RXST Stock
The 24-hour chart illustrates a support level at 55.53, which if violated will result in even more drops to 54.50. On the upside, there is a resistance level at 57.48. A further resistance level may holdings at 58.41. The Relative Strength Index (RSI) on the 14-day chart is 65.26, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.36, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 14.36%. Stochastics%K at 88.00% indicates the stock is a selling.
How much short interest is there in RxSight Inc?
A steep rise in short interest was recorded in RxSight Inc stocks on 2024-07-31, growing by 0.74 million shares to a total of 2.59 million shares. Yahoo Finance data shows the prior-month short interest on 2024-06-28 was 1.85 million shares. There was a rise of 28.65%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 12, 2023 when Stifel began covering the stock and recommended ‘”a Buy”‘ rating along with a $40 price target.
