Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Surgery Partners Inc shares valued at $283,652 were purchased by Bradley Owens on Sep 05 ’24. At $30.69 per share, Bradley Owens acquired 9,241 shares.
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, Bane Harrison R. sold 6,325 shares, netting a total of over 196,742 in proceeds. Following the sale of shares at $31.11 each, the insider now holds 48,236 shares.
Before that, Harrison Bane had added 6,325 shares to its account. In a trade valued at $196,742, the Officer bought Surgery Partners Inc shares for $31.11 each.
As published in their initiating research note from Macquarie on June 28, 2024, Surgery Partners Inc [SGRY] has been an Outperform and the price target has been revised to $31. Analysts at Barclays started covering the stock with ‘”an Equal weight”‘ outlook in a report released in early March. As of November 14, 2023, TD Cowen has increased its “Market perform” rating to a “an Outperform” for SGRY. Earlier on June 02, 2023, BofA Securities upgraded its rating. Their new recommendation was “a Buy” for SGRY stock which previously was a “a Neutral”.
Analyzing SGRY Stock Performance
During the last five days, there has been a drop of approximately -3.19%. Over the course of the year, Surgery Partners Inc shares have dropped approximately -3.13%. Shares of the company reached a 52-week high of $35.29 on 02/12/24 and a 52-week low of $22.25 on 06/26/24. A 50-day SMA is recorded $28.51, while a 200-day SMA reached $29.15. Nevertheless, trading volume fell to 0.91 million shares from 0.48 million shares the previous day.
Support And Resistance Levels for Surgery Partners Inc (SGRY)
According to the 24-hour chart, there is a support level at 30.33, which, if violated, would cause prices to drop to 29.67. In the upper region, resistance lies at 31.68. The next price resistance is at 32.37. RSI (Relative Strength Index) is 54.01 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.44, which suggests the price will decrease in the coming days. Percent R is at 47.15%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
