Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Masimo Corp shares valued at $5,446,616 were sold by REYNOLDS CRAIG B on Apr 26 ’24. At $136.17 per share, REYNOLDS CRAIG B sold 40,000 shares. The insider’s holdings dropped to 7,406 shares worth approximately $0.83 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
As published in a research note from Piper Sandler on June 03, 2024, Masimo Corp [MASI] has been rated up from a Neutral to an Overweight and the price target has been revised to $160 from $126. Analysts at Stifel upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in mid April. As of March 25, 2024, Wells Fargo has increased its “an Equal weight” rating to a “an Overweight” for MASI. Earlier on January 30, 2024, Jefferies downgraded its rating. Their new recommendation was “a Hold” for MASI stock which previously was a “a Buy”.
Analyzing MASI Stock Performance
During the last five days, there has been a drop of approximately -1.12%. Over the course of the year, Masimo Corp shares have dropped approximately -4.68%. Shares of the company reached a 52-week high of $153.93 on 03/25/24 and a 52-week low of $101.61 on 08/05/24. A 50-day SMA is recorded $114.70, while a 200-day SMA reached $124.04. Nevertheless, trading volume fell to 0.99 million shares from 0.59 million shares the previous day.
Support And Resistance Levels for Masimo Corp (MASI)
According to the 24-hour chart, there is a support level at 109.61, which, if violated, would cause prices to drop to 107.50. In the upper region, resistance lies at 115.26. The next price resistance is at 118.80. RSI (Relative Strength Index) is 40.98 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.16, which suggests the price will decrease in the coming days. Percent R is at 64.49%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.