The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Hologic, Inc shares valued at $1,897,482 were sold by Mitchell Essex D on Dec 04 ’24. At $76.34 per share, Mitchell Essex D sold 24,856 shares. The insider’s holdings dropped to 27,957 shares worth approximately $1.98 million following the completion of this transaction.
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Also, Mitchell Essex D purchased 24,856 shares, netting a total of over 1,897,484 in proceeds.
Before that, Oberton Karleen Marie had sold 52,679 shares from its account. In a trade valued at $4,243,662, the Chief Financial Officer traded Hologic, Inc shares for $80.56 each. Upon closing the transaction, the insider’s holdings decreased to 52,679 shares, worth approximately $5.95 million.
As published in their initiating research note from Wolfe Research on December 13, 2024, Hologic, Inc [HOLX] has been a Peer perform. Analysts at Needham resumed the stock at ‘”a Buy”‘ outlook in a report released in early December. As of December 10, 2024, Jefferies has initiated its “Hold” rating for HOLX. Earlier on October 01, 2024, Citigroup downgraded its rating. Their new recommendation was “a Neutral” for HOLX stock which previously was a “a Buy”.
Analyzing HOLX Stock Performance
During the last five days, there has been a drop of approximately -5.77%. Over the course of the year, Hologic, Inc shares have dropped approximately -0.97%. Shares of the company reached a 52-week high of $84.67 on 08/09/24 and a 52-week low of $70.53 on 01/02/24. A 50-day SMA is recorded $78.66, while a 200-day SMA reached $77.77. Nevertheless, trading volume fell to 2.34 million shares from 2.66 million shares the previous day.
Support And Resistance Levels for Hologic, Inc (HOLX)
According to the 24-hour chart, there is a support level at 70.25, which, if violated, would cause prices to drop to 69.73. In the upper region, resistance lies at 71.72. The next price resistance is at 72.67. RSI (Relative Strength Index) is 23.55 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.40, which suggests the price will decrease in the coming days. Percent R is at 99.27%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
