Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Health Catalyst Inc shares valued at $50,794 were sold by Llewelyn Linda on Dec 16 ’24. At $7.88 per share, Llewelyn Linda sold 6,442 shares. The insider’s holdings dropped to 98,702 shares worth approximately $0.69 million following the completion of this transaction.
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Also, LINDA LLEWELYN purchased 6,442 shares, netting a total of over 51,472 in proceeds.
Before that, Alger Jason had sold 19,599 shares from its account. In a trade valued at $163,050, the Chief Financial Officer traded Health Catalyst Inc shares for $8.32 each. Upon closing the transaction, the insider’s holdings decreased to 19,599 shares, worth approximately $0.6 million.
As published in a research note from KeyBanc Capital Markets on April 10, 2024, Health Catalyst Inc [HCAT] has been rated down from an Overweight to a Sector weight. Analysts at Evercore ISI upgraded the stock from ‘”an In-line”‘ to ‘”an Outperform”‘ outlook in a report released in early January. As of January 03, 2024, Barclays has initiated its “an Overweight” rating for HCAT. Earlier on December 13, 2023, JP Morgan upgraded its rating. Their new recommendation was “an Overweight” for HCAT stock which previously was a “a Neutral”.
Analyzing HCAT Stock Performance
During the last five days, there has been a drop of approximately -12.98%. Over the course of the year, Health Catalyst Inc shares have dropped approximately -24.73%. Shares of the company reached a 52-week high of $11.41 on 01/12/24 and a 52-week low of $5.42 on 08/07/24. A 50-day SMA is recorded $8.12, while a 200-day SMA reached $7.27. Nevertheless, trading volume fell to 0.84 million shares from 0.34 million shares the previous day.
Support And Resistance Levels for Health Catalyst Inc (HCAT)
According to the 24-hour chart, there is a support level at 6.80, which, if violated, would cause prices to drop to 6.64. In the upper region, resistance lies at 7.29. The next price resistance is at 7.62. RSI (Relative Strength Index) is 32.59 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.72, which suggests the price will decrease in the coming days. Percent R is at 99.56%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
