Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Oscar Health Inc shares valued at $5,755,626 were purchased by Kushner Joshua on Nov 12 ’24. At $13.68 per share, Kushner Joshua acquired 420,819 shares. The insider’s holdings grew to 5,452,081 shares worth approximately $73.49 million following the completion of this transaction.
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, Kushner Joshua purchased 358,619 shares, netting a total of over 4,926,313 in proceeds. Following the buying of shares at $13.74 each, the insider now holds 5,810,700 shares.
Before that, Kushner Joshua had added 276,040 shares to its account. In a trade valued at $3,748,044, the Co-Founder and Vice Chairman bought Oscar Health Inc shares for $13.58 each. Upon closing the transaction, the insider’s holdings increased to 276,040 shares, worth approximately $67.82 million.
As published in a research note from BofA Securities on November 06, 2024, Oscar Health Inc [OSCR] has been rated down from a Neutral to an Underperform and the price target has been revised to $13.50 from $21. Analysts at UBS started covering the stock with ‘”a Neutral”‘ outlook in a report released in early October. As of June 26, 2024, Piper Sandler has initiated its “an Overweight” rating for OSCR. Earlier on May 30, 2024, Robert W. Baird initiated its rating. Their recommendation was “an Outperform” for OSCR stock.
Analyzing OSCR Stock Performance
During the last five days, there has been a drop of approximately -13.31%. Over the course of the year, Oscar Health Inc shares have jumped approximately 47.32%. Shares of the company reached a 52-week high of $23.79 on 09/20/24 and a 52-week low of $8.44 on 01/10/24. A 50-day SMA is recorded $18.28, while a 200-day SMA reached $17.36. Nevertheless, trading volume fell to 4.7 million shares from 4.42 million shares the previous day.
Support And Resistance Levels for Oscar Health Inc (OSCR)
According to the 24-hour chart, there is a support level at 13.20, which, if violated, would cause prices to drop to 12.92. In the upper region, resistance lies at 13.99. The next price resistance is at 14.50. RSI (Relative Strength Index) is 33.58 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.03, which suggests the price will decrease in the coming days. Percent R is at 94.28%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
