Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. RxSight Inc shares valued at $143,078 were sold by Goldshleger Ilya on Nov 29 ’24. At $46.08 per share, Goldshleger Ilya sold 3,105 shares. The insider’s holdings dropped to 42,246 shares worth approximately $1.82 million following the completion of this transaction.
Also, ILYA GOLDSHLEGER purchased 3,105 shares, netting a total of over 143,078 in proceeds.
Before that, Maniar Shweta had sold 3,782 shares from its account. In a trade valued at $173,518, the Director traded RxSight Inc shares for $45.88 each. Upon closing the transaction, the insider’s holdings decreased to 3,782 shares, worth approximately $0.47 million.
As published in their initiating research note from Jefferies on October 29, 2024, RxSight Inc [RXST] has been a Buy and the price target has been revised to $72. Analysts at Needham resumed the stock at ‘”a Buy”‘ outlook in a report released in mid August. As of August 06, 2024, Needham has reiterated its “Buy” rating for RXST. Earlier on May 07, 2024, BTIG Research resumed its rating. Their recommendation was “a Buy” for RXST stock.
Analyzing RXST Stock Performance
During the last five days, there has been a drop of approximately -6.30%. Over the course of the year, RxSight Inc shares have jumped approximately 7.04%. Shares of the company reached a 52-week high of $66.54 on 05/07/24 and a 52-week low of $34.92 on 01/03/24. A 50-day SMA is recorded $48.30, while a 200-day SMA reached $52.51. Nevertheless, trading volume fell to 0.64 million shares from 0.54 million shares the previous day.
Support And Resistance Levels for RxSight Inc (RXST)
According to the 24-hour chart, there is a support level at 42.40, which, if violated, would cause prices to drop to 41.63. In the upper region, resistance lies at 44.13. The next price resistance is at 45.09. RSI (Relative Strength Index) is 34.62 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.95, which suggests the price will decrease in the coming days. Percent R is at 89.41%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
