Insulet Corporation’s recently made public that its EVP, CPXPO Benjamin Eric unloaded Company’s shares for reported $1.17 million on Dec 16 ’24. In the deal valued at $267.60 per share,4,362 shares were sold. As a result of this transaction, Benjamin Eric now holds 18,702 shares worth roughly $4.92 million.
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
Then, Benjamin Eric bought 4,362 shares, generating $1,167,271 in total proceeds.
Before that, Budden Lauren sold 915 shares. Insulet Corporation shares valued at $252,192 were divested by the Group VP, CAO and Controller at a price of $275.62 per share. As a result of the transaction, Budden Lauren now holds 5,733 shares, worth roughly $1.51 million.
Bernstein initiated its Insulet Corporation [PODD] rating to an Outperform in a research note published on November 06, 2024; the price target was $300. A number of analysts have revised their coverage, including Redburn Atlantic’s analysts, who began to cover the stock in late May with a ‘”a Buy”‘ rating. Wolfe Research also remained covering PODD and has increased its forecast on May 07, 2024 with a “an Outperform” recommendation from previously “Peer perform” rating. Robert W. Baird revised its rating on December 21, 2023. It rated PODD as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of PODD
On Tuesday, Insulet Corporation [NASDAQ:PODD] saw its stock fall -0.04% to $263.23. Over the last five days, the stock has gained 0.18%. Insulet Corporation shares have risen nearly 21.59% since the year began. Nevertheless, the stocks have risen 22.04% over the past one year. While a 52-week high of $279.77 was reached on 12/12/24, a 52-week low of $160.19 was recorded on 05/14/24. SMA at 50 days reached $255.00, while 200 days put it at $208.80.
Levels Of Support And Resistance For PODD Stock
The 24-hour chart illustrates a support level at 261.79, which if violated will result in even more drops to 260.35. On the upside, there is a resistance level at 264.42. A further resistance level may holdings at 265.60. The Relative Strength Index (RSI) on the 14-day chart is 51.57, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.51, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.20%. Stochastics %K at 38.39% indicates the stock is a holding.
How much short interest is there in Insulet Corporation?
A steep rise in short interest was recorded in Insulet Corporation stocks on 2024-11-29, growing by 0.21 million shares to a total of 3.05 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 2.84 million shares. There was a rise of 6.86%, which implies that there is a positive sentiment for the stock.
