Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Henry Schein Inc shares valued at $918,000 were sold by Ettinger Michael S on Nov 18 ’24. At $75.00 per share, Ettinger Michael S sold 12,240 shares. The insider’s holdings dropped to 87,706 shares worth approximately $6.47 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, Ettinger Michael S purchased 12,240 shares, netting a total of over 918,000 in proceeds.
Before that, McGlynn Lorelei had sold 21,035 shares from its account. In a trade valued at $1,457,726, the SVP, Chief Human Res. Officer traded Henry Schein Inc shares for $69.30 each. Upon closing the transaction, the insider’s holdings decreased to 21,035 shares, worth approximately $5.3 million.
As published in a research note from Robert W. Baird on July 22, 2024, Henry Schein Inc [HSIC] has been rated up from a Neutral to an Outperform and the price target has been revised to $92 from $81. Analysts at Leerink Partners started covering the stock with ‘”a Market perform”‘ outlook in a report released in late February. As of December 12, 2023, JP Morgan has increased its “Neutral” rating to a “an Overweight” for HSIC. Earlier on November 10, 2023, Stifel upgraded its rating. Their new recommendation was “a Buy” for HSIC stock which previously was a “a Hold”.
Analyzing HSIC Stock Performance
During the last five days, there has been a surge of approximately 10.87%. Over the course of the year, Henry Schein Inc shares have dropped approximately -2.56%. Shares of the company reached a 52-week high of $82.63 on 02/27/24 and a 52-week low of $63.67 on 08/06/24. A 50-day SMA is recorded $70.79, while a 200-day SMA reached $70.96. Nevertheless, trading volume fell to 1.57 million shares from 3.17 million shares the previous day.
Support And Resistance Levels for Henry Schein Inc (HSIC)
According to the 24-hour chart, there is a support level at 72.51, which, if violated, would cause prices to drop to 71.25. In the upper region, resistance lies at 74.50. The next price resistance is at 75.23. RSI (Relative Strength Index) is 60.23 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.84, which suggests the price will increase in the coming days. Percent R is at 28.77%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
