Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Exact Sciences Corp. shares valued at $65,030 were sold by Baranick Brian on Oct 08 ’24. At $70.00 per share, Baranick Brian sold 929 shares. The insider’s holdings dropped to 12,758 shares worth approximately $0.88 million following the completion of this transaction.
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Also, Baranick Brian purchased 929 shares, netting a total of over 65,030 in proceeds.
Before that, Baranick Brian had sold 929 shares from its account. In a trade valued at $65,030, the EVP, GM, Precision Oncology traded Exact Sciences Corp. shares for $70.00 each. Upon closing the transaction, the insider’s holdings decreased to 929 shares, worth approximately $0.95 million.
As published in their initiating research note from Wells Fargo on August 28, 2024, Exact Sciences Corp. [EXAS] has been an Overweight and the price target has been revised to $75. Analysts at Scotiabank started covering the stock with ‘”a Sector outperform”‘ outlook in a report released in late June. Earlier on January 02, 2024, The Benchmark Company upgraded its rating. Their new recommendation was “a Buy” for EXAS stock which previously was a “a Hold”.
Analyzing EXAS Stock Performance
During the last five days, there has been a drop of approximately -0.16%. Over the course of the year, Exact Sciences Corp. shares have dropped approximately -6.42%. Shares of the company reached a 52-week high of $79.62 on 04/02/24 and a 52-week low of $40.62 on 06/25/24. A 50-day SMA is recorded $64.19, while a 200-day SMA reached $58.80. Nevertheless, trading volume fell to 1.32 million shares from 1.18 million shares the previous day.
Support And Resistance Levels for Exact Sciences Corp. (EXAS)
According to the 24-hour chart, there is a support level at 68.30, which, if violated, would cause prices to drop to 67.38. In the upper region, resistance lies at 70.40. The next price resistance is at 71.58. RSI (Relative Strength Index) is 56.31 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.99, which suggests the price will decrease in the coming days. Percent R is at 35.46%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
