Teladoc Health Inc’s recent filing unveils that its Former Officer Verstraete Stephany acquired Company’s shares for reported $0.67 million on Nov 19 ’24. In the deal valued at $8.92 per share,75,463 shares were bought.
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Then, Geshuri Arnnon bought 34,456 shares, generating $317,512 in total proceeds.
Before that, Geshuri Arnnon bought 60,000 shares. Teladoc Health Inc shares valued at $574,800 were divested by the Former Officer at a price of $9.58 per share.
Goldman initiated its Teladoc Health Inc [TDOC] rating to a Buy in a research note published on November 15, 2024; the price target was $14. A number of analysts have revised their coverage, including Jefferies’s analysts, who remained covering the stock and in mid September has reiterated a ‘”a Hold”‘ rating for it. Cantor Fitzgerald began covering TDOC with “an Overweight” recommendation on February 29, 2024. Leerink Partners started covering the stock on February 26, 2024. It rated TDOC as “a Market perform”.
Price Performance Review of TDOC
On Friday, Teladoc Health Inc [NYSE:TDOC] saw its stock jump 4.81% to $11.98. Over the last five days, the stock has gained 15.19%. Teladoc Health Inc shares have fallen nearly -44.41% since the year began. Nevertheless, the stocks have fallen -34.78% over the past one year. While a 52-week high of $22.54 was reached on 01/02/24, a 52-week low of $6.76 was recorded on 08/28/24. SMA at 50 days reached $9.33, while 200 days put it at $10.87.
Levels Of Support And Resistance For TDOC Stock
The 24-hour chart illustrates a support level at 11.66, which if violated will result in even more drops to 11.33. On the upside, there is a resistance level at 12.15. A further resistance level may holdings at 12.31. The Relative Strength Index (RSI) on the 14-day chart is 69.69, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.45, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 11.11%. Stochastics %K at 78.95% indicates the stock is a holding.
How much short interest is there in Teladoc Health Inc?
A steep rise in short interest was recorded in Teladoc Health Inc stocks on 2024-11-15, growing by 0.43 million shares to a total of 25.69 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 25.26 million shares. There was a rise of 1.67%, which implies that there is a positive sentiment for the stock.
