Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Semler Scientific Inc shares valued at $4,508,683 were sold by Murphy-Chutorian Douglas on Dec 10 ’24. At $60.12 per share, Murphy-Chutorian Douglas sold 75,000 shares. The insider’s holdings dropped to 65,083 shares worth approximately $3.99 million following the completion of this transaction.
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Also, Murphy-Chutorian Douglas sold 25,000 shares, netting a total of over 1,556,123 in proceeds. Following the sale of shares at $62.24 each, the insider now holds 55,000 shares.
Before that, Douglas Murphy-Chutorian had added 100,000 shares to its account. In a trade valued at $6,200,000, the CEO bought Semler Scientific Inc shares for $62.00 each.
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 drop of approximately -14.62%. Over the course of the year, Semler Scientific Inc shares have jumped approximately 38.50%. Shares of the company reached a 52-week high of $81.56 on 12/17/24 and a 52-week low of $20.88 on 05/08/24. A 50-day SMA is recorded $46.58, while a 200-day SMA reached $33.20. Nevertheless, trading volume fell to 0.73 million shares from 1.64 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 58.10, which, if violated, would cause prices to drop to 54.86. In the upper region, resistance lies at 67.40. The next price resistance is at 73.46. RSI (Relative Strength Index) is 52.26 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.09, which suggests the price will increase in the coming days. Percent R is at 81.50%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
