Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. GeneDx Holdings Corp shares valued at $20,617 were sold by Feeley Kevin on Dec 02 ’24. At $78.39 per share, Feeley Kevin sold 263 shares. The insider’s holdings dropped to 23,406 shares worth approximately $1.85 million following the completion of this transaction.
Also, Kevin Feeley purchased 263 shares, netting a total of over 20,617 in proceeds.
Before that, Feeley Kevin had sold 12,019 shares from its account. In a trade valued at $886,568, the CHIEF FINANCIAL OFFICER traded GeneDx Holdings Corp shares for $73.76 each. Upon closing the transaction, the insider’s holdings decreased to 12,019 shares, worth approximately $2.6 million.
As published in their initiating research note from Wells Fargo on August 28, 2024, GeneDx Holdings Corp [WGS] has been an Equal weight and the price target has been revised to $34. Analysts at Craig Hallum started covering the stock with ‘”a Buy”‘ outlook in a report released in early July.
Analyzing WGS Stock Performance
During the last five days, there has been a drop of approximately -0.73%. Over the course of the year, GeneDx Holdings Corp shares have jumped approximately 2767.27%. Shares of the company reached a 52-week high of $89.11 on 10/30/24 and a 52-week low of $2.47 on 01/02/24. A 50-day SMA is recorded $65.99, while a 200-day SMA reached $33.81. Nevertheless, trading volume fell to 0.6 million shares from 69396.0 shares the previous day.
Support And Resistance Levels for GeneDx Holdings Corp (WGS)
According to the 24-hour chart, there is a support level at 75.79, which, if violated, would cause prices to drop to 72.72. In the upper region, resistance lies at 81.76. The next price resistance is at 84.66. RSI (Relative Strength Index) is 58.63 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.11, which suggests the price will increase in the coming days. Percent R is at 23.51%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
