The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Doximity Inc shares valued at $108,600 were sold by Wampler Kira Scherer on Oct 01 ’24. At $43.44 per share, Wampler Kira Scherer sold 2,500 shares. The insider’s holdings dropped to 16,618 shares worth approximately $0.7 million following the completion of this transaction.
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Also, KIRA WAMPLER purchased 2,500 shares, netting a total of over 108,600 in proceeds.
Before that, Wampler Kira Scherer had sold 2,500 shares from its account. In a trade valued at $90,675, the Director traded Doximity Inc shares for $36.27 each. Upon closing the transaction, the insider’s holdings decreased to 2,500 shares, worth approximately $0.7 million.
As published in a research note from Barclays on October 15, 2024, Doximity Inc [DOCS] has been rated up from an Equal weight to an Overweight and the price target has been revised to $52 from $35. Analysts at Needham upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in early August. As of July 18, 2024, Wells Fargo has decreased its “an Equal weight” rating to a “an Underweight” for DOCS. Earlier on April 25, 2024, JP Morgan upgraded its rating. Their new recommendation was “a Neutral” for DOCS stock which previously was a “an Underweight”.
Analyzing DOCS Stock Performance
During the last five days, there has been a surge of approximately 1.38%. Over the course of the year, Doximity Inc shares have jumped approximately 49.75%. Shares of the company reached a 52-week high of $44.88 on 10/07/24 and a 52-week low of $22.96 on 05/13/24. A 50-day SMA is recorded $40.43, while a 200-day SMA reached $30.96. Nevertheless, trading volume fell to 0.82 million shares from 0.83 million shares the previous day.
Support And Resistance Levels for Doximity Inc (DOCS)
According to the 24-hour chart, there is a support level at 41.67, which, if violated, would cause prices to drop to 41.35. In the upper region, resistance lies at 42.38. The next price resistance is at 42.77. RSI (Relative Strength Index) is 51.57 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.63, which suggests the price will decrease in the coming days. Percent R is at 69.89%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.