Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Medtronic Plc shares valued at $2,691,794 were purchased by PARKHILL KAREN L on Oct 31 ’24. At $89.73 per share, PARKHILL KAREN L acquired 30,000 shares.
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
Also, PARKHILL KAREN L purchased 15,000 shares, netting a total of over 1,358,740 in proceeds.
Before that, PARKHILL KAREN L had added 15,000 shares to its account. In a trade valued at $1,367,348, the Former BOD bought Medtronic Plc shares for $91.16 each.
As published in a research note from RBC Capital Mkts on October 10, 2024, Medtronic Plc [MDT] has been rated up from a Sector perform to an Outperform and the price target has been revised to $105 from $98. Analysts at Oppenheimer resumed the stock at ‘”a Perform”‘ outlook in a report released in late August. As of August 15, 2024, UBS has increased its “Sell” rating to a “Neutral” for MDT. Earlier on August 14, 2024, Stifel downgraded its rating. Their new recommendation was “a Hold” for MDT stock which previously was a “a Buy”.
Analyzing MDT Stock Performance
During the last five days, there has been a drop of approximately -1.27%. Over the course of the year, Medtronic Plc shares have jumped approximately 6.97%. Shares of the company reached a 52-week high of $92.68 on 10/24/24 and a 52-week low of $75.96 on 07/09/24. A 50-day SMA is recorded $89.68, while a 200-day SMA reached $84.48. Nevertheless, trading volume fell to 7.08 million shares from 6.28 million shares the previous day.
Support And Resistance Levels for Medtronic Plc (MDT)
According to the 24-hour chart, there is a support level at 87.38, which, if violated, would cause prices to drop to 86.64. In the upper region, resistance lies at 89.18. The next price resistance is at 90.24. RSI (Relative Strength Index) is 41.60 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.98, which suggests the price will decrease in the coming days. Percent R is at 91.57%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
