Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Select Medical Holdings Corporation shares valued at $99,531 were sold by Breighner Robert G. JR on Dec 04 ’24. At $19.95 per share, Breighner Robert G. JR sold 4,989 shares. The insider’s holdings dropped to 30,356 shares worth approximately $0.55 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, ORTENZIO ROBERT A sold 3,804,805 shares, netting a total of over 74,383,938 in proceeds. Following the sale of shares at $19.55 each, the insider now holds 0 shares.
Before that, TAVENNER MARILYN B had sold 32,000 shares from its account. In a trade valued at $674,880, the Director traded Select Medical Holdings Corporation shares for $21.09 each. Upon closing the transaction, the insider’s holdings decreased to 32,000 shares, worth approximately $0.4 million.
As published in a research note from The Benchmark Company on November 25, 2024, Select Medical Holdings Corporation [SEM] has been rated down from a Buy to a Hold. As of May 13, 2021, The Benchmark Company has reiterated its “Buy” rating for SEM. Earlier on February 26, 2021, BofA Securities upgraded its rating. Their new recommendation was “a Buy” for SEM stock which previously was a “an Underperform”.
Analyzing SEM Stock Performance
During the last five days, there has been a drop of approximately -7.96%. Over the course of the year, Select Medical Holdings Corporation shares have jumped approximately 44.28%. Shares of the company reached a 52-week high of $40.98 on 11/11/24 and a 52-week low of $18.02 on 12/19/24. A 50-day SMA is recorded $30.35, while a 200-day SMA reached $32.42. Nevertheless, trading volume fell to 0.85 million shares from 1.07 million shares the previous day.
Support And Resistance Levels for Select Medical Holdings Corporation (SEM)
According to the 24-hour chart, there is a support level at 18.00, which, if violated, would cause prices to drop to 17.73. In the upper region, resistance lies at 18.55. The next price resistance is at 18.83. RSI (Relative Strength Index) is 34.43 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.21, which suggests the price will decrease in the coming days. Percent R is at 92.69%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
