Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Electromed Inc shares valued at $1,592,786 were sold by SKARVAN KATHLEEN on Nov 19 ’24. At $27.97 per share, SKARVAN KATHLEEN sold 56,945 shares. The insider’s holdings dropped to 28,989 shares worth approximately $0.9 million following the completion of this transaction.
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Also, SKARVAN KATHLEEN sold 50,602 shares, netting a total of over 1,412,914 in proceeds. Following the sale of shares at $27.92 each, the insider now holds 52,394 shares.
Before that, SKARVAN KATHLEEN had sold 42,453 shares from its account. In a trade valued at $1,195,651, the Director traded Electromed Inc shares for $28.16 each. Upon closing the transaction, the insider’s holdings decreased to 42,453 shares, worth approximately $3.2 million.
As published in their initiating research note from Dougherty & Company on October 18, 2019, Electromed Inc [ELMD] has been a Buy and the price target has been revised to $12. Analysts at Feltl & Co. resumed the stock at ‘”a Buy”‘ outlook in a report released in late December. As of October 19, 2010, Feltl & Co. has initiated its “Buy” rating for ELMD.
Analyzing ELMD Stock Performance
During the last five days, there has been a surge of approximately 6.33%. Over the course of the year, Electromed Inc shares have jumped approximately 184.69%. Shares of the company reached a 52-week high of $31.21 on 11/27/24 and a 52-week low of $9.81 on 01/08/24. A 50-day SMA is recorded $23.91, while a 200-day SMA reached $17.77. Nevertheless, trading volume fell to 77430.0 shares from 0.13 million shares the previous day.
Support And Resistance Levels for Electromed Inc (ELMD)
According to the 24-hour chart, there is a support level at 30.24, which, if violated, would cause prices to drop to 29.41. In the upper region, resistance lies at 31.55. The next price resistance is at 32.03. RSI (Relative Strength Index) is 75.88 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.09, which suggests the price will increase in the coming days. Percent R is at 1.97%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
