In a filing, RxSight Inc revealed its insider Goldshleger Ilya unloaded Company’s shares for reported $0.14 million on Nov 29 ’24. In the deal valued at $46.08 per share,3,105 shares were sold. As a result of this transaction, Goldshleger Ilya now holds 42,246 shares worth roughly $1.82 million.
Then, ILYA GOLDSHLEGER bought 3,105 shares, generating $143,078 in total proceeds.
Before that, Maniar Shweta sold 3,782 shares. RxSight Inc shares valued at $173,518 were divested by the Director at a price of $45.88 per share. As a result of the transaction, Maniar Shweta now holds 10,902 shares, worth roughly $0.47 million.
UBS initiated its RxSight Inc [RXST] rating to a Buy in a research note published on December 06, 2024; the price target was $52. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in late October with a ‘”a Buy”‘ rating. Needham also remained covering RXST and reiterated its “Buy” recommendation on August 20, 2024. Needham maintained its rating on August 06, 2024. It rated RXST as “a Buy”.
Price Performance Review of RXST
On Friday, RxSight Inc [NASDAQ:RXST] saw its stock jump 2.06% to $43.15. Over the last five days, the stock has lost -7.96%. RxSight Inc shares have risen nearly 7.02% since the year began. Nevertheless, the stocks have risen 28.58% over the past one year. While a 52-week high of $66.54 was reached on 05/07/24, a 52-week low of $32.88 was recorded on 01/03/24. SMA at 50 days reached $48.05, while 200 days put it at $52.39.
Levels Of Support And Resistance For RXST Stock
The 24-hour chart illustrates a support level at 42.62, which if violated will result in even more drops to 42.09. On the upside, there is a resistance level at 43.88. A further resistance level may holdings at 44.61. The Relative Strength Index (RSI) on the 14-day chart is 36.91, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.87%. Stochastics %K at 10.61% indicates the stock is a buying.
How much short interest is there in RxSight Inc?
A steep rise in short interest was recorded in RxSight Inc stocks on 2024-11-15, growing by 0.84 million shares to a total of 3.03 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 2.19 million shares. There was a rise of 27.63%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on May 07, 2024 when BTIG Research resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $72.
