KD Logo

Recent Insider Activity Suggests Potential Gains for Exact Sciences Corp (EXAS)

Exact Sciences Corp’s recently made public that its EVP, GM, Precision Oncology Baranick Brian unloaded Company’s shares for reported $65030.0 on Oct 08 ’24. In the deal valued at $70.00 per share,929 shares were sold. As a result of this transaction, Baranick Brian now holds 12,758 shares worth roughly $0.64 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, Baranick Brian bought 929 shares, generating $65,030 in total proceeds.

Before that, Baranick Brian sold 929 shares. Exact Sciences Corp shares valued at $65,030 were divested by the EVP, GM, Precision Oncology at a price of $70.00 per share. As a result of the transaction, Baranick Brian now holds 13,687 shares, worth roughly $0.69 million.

Wells Fargo initiated its Exact Sciences Corp [EXAS] rating to an Overweight in a research note published on August 28, 2024; the price target was $75. A number of analysts have revised their coverage, including Scotiabank’s analysts, who began to cover the stock in late June with a ‘”a Sector outperform”‘ rating. The Benchmark Company revised its rating on January 02, 2024. It rated EXAS as “a Buy” which previously was an “a Hold”.

Price Performance Review of EXAS

On Tuesday, Exact Sciences Corp [NASDAQ:EXAS] saw its stock fall -2.28% to $50.16. Over the last five days, the stock has lost -29.86%. Exact Sciences Corp shares have fallen nearly -32.20% since the year began. Nevertheless, the stocks have fallen -16.06% over the past one year. While a 52-week high of $79.62 was reached on 04/02/24, a 52-week low of $40.62 was recorded on 06/25/24. SMA at 50 days reached $66.35, while 200 days put it at $58.60.

Levels Of Support And Resistance For EXAS Stock

The 24-hour chart illustrates a support level at 48.45, which if violated will result in even more drops to 46.75. On the upside, there is a resistance level at 51.43. A further resistance level may holdings at 52.71. The Relative Strength Index (RSI) on the 14-day chart is 21.85, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -12.66, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.37%. Stochastics %K at 6.40% indicates the stock is a buying.

How much short interest is there in Exact Sciences Corp?

A steep rise in short interest was recorded in Exact Sciences Corp stocks on 2024-10-31, growing by 27846.0 shares to a total of 14.06 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 14.03 million shares. There was a rise of 0.2%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on December 14, 2023 when Guggenheim began covering the stock and recommended ‘”a Buy”‘ rating along with a $90 price target.

Most Popular