Pediatrix Medical Group Inc’s recently made public that its Chief Executive Officer Swift James D unloaded Company’s shares for reported $0.12 million on Aug 30 ’24. In the deal valued at $10.79 per share,11,100 shares were sold. As a result of this transaction, Swift James D now holds 170,001 shares worth roughly $2.59 million.
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Then, Swift James D bought 11,100 shares, generating $119,756 in total proceeds.
Before that, Linynsky Laura A sold 7,000 shares. Pediatrix Medical Group Inc shares valued at $78,120 were divested by the Director at a price of $11.16 per share. As a result of the transaction, Linynsky Laura A now holds 30,805 shares, worth roughly $0.47 million.
Jefferies upgraded its Pediatrix Medical Group Inc [MD] rating to a Buy from a a Hold in a research note published on September 26, 2024; the price target was increased to $14 from $8. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who increased its forecast for the stock in early June from “a Sell” to “a Hold”. SVB Leerink began covering MD with “Mkt perform” recommendation on September 27, 2021.
Price Performance Review of MD
On Friday, Pediatrix Medical Group Inc [NYSE:MD] saw its stock jump 23.46% to $15.21. Over the last five days, the stock has gained 22.56%. Pediatrix Medical Group Inc shares have risen nearly 63.55% since the year began. Nevertheless, the stocks have risen 35.68% over the past one year. While a 52-week high of $13.02 was reached on 11/01/24, a 52-week low of $6.62 was recorded on 07/09/24. SMA at 50 days reached $11.63, while 200 days put it at $9.38.
Levels Of Support And Resistance For MD Stock
The 24-hour chart illustrates a support level at 13.64, which if violated will result in even more drops to 12.07. On the upside, there is a resistance level at 16.10. A further resistance level may holdings at 16.99. The Relative Strength Index (RSI) on the 14-day chart is 78.02, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.57, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 6.54%. Stochastics %K at 63.37% indicates the stock is a holding.
How much short interest is there in Pediatrix Medical Group Inc?
A steep rise in short interest was recorded in Pediatrix Medical Group Inc stocks on 2024-10-15, dropping by -0.41 million shares to a total of 4.39 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 4.79 million shares. There was a decline of -9.28%, which implies that there is a negative sentiment for the stock.
