GeneDx Holdings Corp’s filing revealed that its 10% Owner ICAHN SCHOOL OF MEDICINE AT MO unloaded Company’s shares for reported $64.94 million on Oct 31 ’24. In the deal valued at $75.00 per share,865,800 shares were sold. As a result of this transaction, ICAHN SCHOOL OF MEDICINE AT MO now holds 2,866,833 shares worth roughly $210.4 million.
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
Then, ICAHN SCHOOL OF MEDICINE AT MO bought 1,012,941 shares, generating $82,747,150 in total proceeds.
Before that, Feeley Kevin sold 274 shares. GeneDx Holdings Corp shares valued at $18,248 were divested by the CHIEF FINANCIAL OFFICER at a price of $66.60 per share. As a result of the transaction, Feeley Kevin now holds 44,951 shares, worth roughly $3.3 million.
Wells Fargo initiated its GeneDx Holdings Corp [WGS] rating to an Equal weight in a research note published on August 28, 2024; the price target was $34. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who began to cover the stock in early July with a ‘”a Buy”‘ rating.
Price Performance Review of WGS
On Monday, GeneDx Holdings Corp [NASDAQ:WGS] saw its stock fall -5.67% to $73.39. Over the last five days, the stock has lost -2.35%. GeneDx Holdings Corp shares have risen nearly 2568.73% since the year began. Nevertheless, the stocks have risen 4892.52% over the past one year. While a 52-week high of $89.11 was reached on 10/30/24, a 52-week low of $1.16 was recorded on 01/02/24. SMA at 50 days reached $52.51, while 200 days put it at $27.72.
Levels Of Support And Resistance For WGS Stock
The 24-hour chart illustrates a support level at 68.82, which if violated will result in even more drops to 64.25. On the upside, there is a resistance level at 80.59. A further resistance level may holdings at 87.79. The Relative Strength Index (RSI) on the 14-day chart is 60.74, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.38, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 46.49%. Stochastics %K at 59.62% indicates the stock is a holding.
How much short interest is there in GeneDx Holdings Corp?
A steep rise in short interest was recorded in GeneDx Holdings Corp stocks on 2024-10-15, growing by 0.19 million shares to a total of 2.4 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 2.22 million shares. There was a rise of 7.8%, which implies that there is a positive sentiment for the stock.
