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Wolfe Research initates Hologic, Inc (HOLX) stock to a Peer perform

Hologic, Inc’s filing revealed that its Chief Operating Officer Mitchell Essex D unloaded Company’s shares for reported $1.9 million on Dec 04 ’24. In the deal valued at $76.34 per share,24,856 shares were sold. As a result of this transaction, Mitchell Essex D now holds 27,957 shares worth roughly $2.03 million.

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Then, Mitchell Essex D bought 24,856 shares, generating $1,897,484 in total proceeds.

Before that, Oberton Karleen Marie sold 52,679 shares. Hologic, Inc shares valued at $4,243,662 were divested by the Chief Financial Officer at a price of $80.56 per share. As a result of the transaction, Oberton Karleen Marie now holds 84,042 shares, worth roughly $6.09 million.

Wolfe Research initiated its Hologic, Inc [HOLX] rating to a Peer perform in a research note published recently. A number of analysts have revised their coverage, including Needham’s analysts, who remained covering the stock and in early December has reiterated a ‘”a Buy”‘ rating for it. Jefferies began covering HOLX with “Hold” recommendation on December 10, 2024. Citigroup revised its rating on October 01, 2024. It rated HOLX as “a Neutral” which previously was an “a Buy”.

Price Performance Review of HOLX

On Monday, Hologic, Inc [NASDAQ:HOLX] saw its stock jump 1.19% to $72.50. Over the last five days, the stock has gained 0.08%. Hologic, Inc shares have risen nearly 1.47% since the year began. Nevertheless, the stocks have risen 2.01% over the past one year. While a 52-week high of $84.67 was reached on 08/09/24, a 52-week low of $70.36 was recorded on 12/20/24. SMA at 50 days reached $78.35, while 200 days put it at $77.72.

Levels Of Support And Resistance For HOLX Stock

The 24-hour chart illustrates a support level at 71.43, which if violated will result in even more drops to 70.35. On the upside, there is a resistance level at 73.06. A further resistance level may holdings at 73.62. The Relative Strength Index (RSI) on the 14-day chart is 35.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.38, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.49%. Stochastics %K at 11.73% indicates the stock is a buying.

How much short interest is there in Hologic, Inc?

A steep rise in short interest was recorded in Hologic, Inc stocks on 2024-11-29, growing by 1.3 million shares to a total of 6.15 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 4.85 million shares. There was a rise of 21.19%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on June 27, 2024 when Stephens began covering the stock and recommended ‘”an Overweight”‘ rating along with a $87 price target.

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