KD Logo

The Potential Rise in the Price of Dexcom Inc (DXCM) following insiders activity

Dexcom Inc’s filing revealed that its EVP, Chief HR Officer Stern Sadie unloaded Company’s shares for reported $29458.0 on Sep 09 ’24. In the deal valued at $69.15 per share,426 shares were sold. As a result of this transaction, Stern Sadie now holds 75,451 shares worth roughly $5.24 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, Sylvain Jereme M sold 746 shares, generating $51,586 in total proceeds. Upon selling the shares at $69.15, the EVP, Chief Financal Officer now owns 84,274 shares.

Before that, Leach Jacob Steven sold 746 shares. Dexcom Inc shares valued at $51,586 were divested by the EVP, Chief Operating Officer at a price of $69.15 per share. As a result of the transaction, Leach Jacob Steven now holds 264,915 shares, worth roughly $18.41 million.

Robert W. Baird downgraded its Dexcom Inc [DXCM] rating to a Neutral from a an Outperform in a research note published on July 26, 2024; the price target was decreased to $80 from $161. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in late July from “an Overweight” to “a Neutral”. Redburn Atlantic began covering DXCM with “Neutral” recommendation on May 30, 2024. RBC Capital Mkts started covering the stock on March 12, 2024. It rated DXCM as “an Outperform”.

Price Performance Review of DXCM

On Friday, Dexcom Inc [NASDAQ:DXCM] saw its stock jump 1.00% to $69.51. Over the last five days, the stock has gained 1.31%. Dexcom Inc shares have fallen nearly -43.98% since the year began. Nevertheless, the stocks have fallen -33.94% over the past one year. While a 52-week high of $142.00 was reached on 03/26/24, a 52-week low of $62.34 was recorded on 07/26/24. SMA at 50 days reached $83.24, while 200 days put it at $114.44.

Levels Of Support And Resistance For DXCM Stock

The 24-hour chart illustrates a support level at 68.47, which if violated will result in even more drops to 67.42. On the upside, there is a resistance level at 70.23. A further resistance level may holdings at 70.94. The Relative Strength Index (RSI) on the 14-day chart is 39.80, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.08, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.44%. Stochastics %K at 25.13% indicates the stock is a holding.

How much short interest is there in Dexcom Inc?

A steep rise in short interest was recorded in Dexcom Inc stocks on 2024-08-30, growing by 0.28 million shares to a total of 7.33 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-31 was 7.05 million shares. There was a rise of 3.86%, which implies that there is a positive sentiment for the stock.

Most Popular