Envista Holdings Corp’s filing revealed that its Chief Executive Officer Keel Paul A acquired Company’s shares for reported $0.51 million on Aug 13 ’24. In the deal valued at $16.87 per share,30,000 shares were bought. As a result of this transaction, Keel Paul A now holds 402,605 shares worth roughly $8.28 million.
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Then, Hammes Eric D. bought 24,532 shares, generating $400,608 in total proceeds. Upon buying the shares at $16.33, the Chief Financial Officer now owns 24,532 shares.
Before that, Conley Eric bought 12,798 shares. Envista Holdings Corp shares valued at $204,831 were divested by the Former Officer at a price of $16.00 per share.
Leerink Partners upgraded its Envista Holdings Corp [NVST] rating to a Market perform from a an Underperform in a research note published on October 31, 2024; the price target was increased to $23 from $16. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in early October with a ‘”an Equal weight”‘ rating. JP Morgan also remained covering NVST and has decreased its forecast on August 08, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. Morgan Stanley revised its rating on April 26, 2024. It rated NVST as “an Equal-weight” which previously was an “an Overweight”.
Price Performance Review of NVST
On Friday, Envista Holdings Corp [NYSE:NVST] saw its stock jump 2.44% to $20.57. Over the last five days, the stock has gained 0.88%. Envista Holdings Corp shares have fallen nearly -14.51% since the year began. Nevertheless, the stocks have fallen -11.49% over the past one year. While a 52-week high of $25.64 was reached on 01/10/24, a 52-week low of $15.15 was recorded on 08/08/24. SMA at 50 days reached $19.20, while 200 days put it at $19.09.
Levels Of Support And Resistance For NVST Stock
The 24-hour chart illustrates a support level at 20.12, which if violated will result in even more drops to 19.68. On the upside, there is a resistance level at 20.84. A further resistance level may holdings at 21.12. The Relative Strength Index (RSI) on the 14-day chart is 56.43, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.86%. Stochastics %K at 38.62% indicates the stock is a holding.
How much short interest is there in Envista Holdings Corp?
A steep rise in short interest was recorded in Envista Holdings Corp stocks on 2024-10-31, dropping by -5.78 million shares to a total of 12.27 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 18.05 million shares. There was a decline of -47.15%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on February 26, 2024 when Leerink Partners began covering the stock and recommended ‘”an Underperform”‘ rating along with a $19 price target.
