Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Semler Scientific Inc shares valued at $1,896,500 were sold by Murphy-Chutorian Douglas on Nov 07 ’24. At $37.93 per share, Murphy-Chutorian Douglas sold 50,000 shares. The insider’s holdings dropped to 50,000 shares worth approximately $3.17 million following the completion of this transaction.
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Also, SEMLER ERIC purchased 50,000 shares, netting a total of over 1,896,500 in proceeds. Following the buying of shares at $37.93 each, the insider now holds 621,721 shares.
Before that, Murphy-Chutorian Douglas had sold 10,000 shares from its account. In a trade valued at $283,453, the CEO traded Semler Scientific Inc shares for $28.35 each. Upon closing the transaction, the insider’s holdings decreased to 10,000 shares, worth approximately $3.82 million.
As published in a research note from B. Riley Securities on November 02, 2022, Semler Scientific Inc [SMLR] has been rated down from a Buy to a Neutral and the price target has been revised to $45 from $60.
Analyzing SMLR Stock Performance
During the last five days, there has been a surge of approximately 20.53%. Over the course of the year, Semler Scientific Inc shares have jumped approximately 43.15%. Shares of the company reached a 52-week high of $79.45 on 11/25/24 and a 52-week low of $20.88 on 05/08/24. A 50-day SMA is recorded $37.48, while a 200-day SMA reached $32.10. Nevertheless, trading volume fell to 0.74 million shares from 1.43 million shares the previous day.
Support And Resistance Levels for Semler Scientific Inc (SMLR)
According to the 24-hour chart, there is a support level at 59.32, which, if violated, would cause prices to drop to 55.24. In the upper region, resistance lies at 65.74. The next price resistance is at 68.08. RSI (Relative Strength Index) is 64.58 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 5.99, which suggests the price will increase in the coming days. Percent R is at 44.24%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
