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DOCS (Doximity Inc) may reap gains as insiders became active recently

In a filing, Doximity Inc revealed its Chief Financial Officer Bryson Anna unloaded Company’s shares for reported $5.84 million on Nov 12 ’24. In the deal valued at $58.42 per share,100,000 shares were sold. As a result of this transaction, Bryson Anna now holds 304,506 shares worth roughly $16.28 million.

Then, Bryson Anna bought 70,000 shares, generating $4,200,000 in total proceeds.

Before that, ANNA COLLINS BRYSON bought 30,000 shares. Doximity Inc shares valued at $1,778,846 were divested by the Officer at a price of $59.29 per share.

Stephens initiated its Doximity Inc [DOCS] rating to an Equal-weight in a research note published on December 20, 2024; the price target was $55. A number of analysts have revised their coverage, including Mizuho’s analysts, who began to cover the stock in early December with a ‘”a Neutral”‘ rating. Goldman began covering DOCS with “Neutral” recommendation on November 15, 2024. Morgan Stanley revised its rating on November 14, 2024. It rated DOCS as “an Equal-weight” which previously was an “an Underweight”.

Price Performance Review of DOCS

On Monday, Doximity Inc [NYSE:DOCS] saw its stock fall -7.48% to $53.46. Over the last five days, the stock has lost -7.56%. Doximity Inc shares have risen nearly 90.66% since the year began. Nevertheless, the stocks have risen 88.11% over the past one year. While a 52-week high of $61.75 was reached on 11/11/24, a 52-week low of $22.96 was recorded on 05/13/24. SMA at 50 days reached $50.30, while 200 days put it at $35.76.

Levels Of Support And Resistance For DOCS Stock

The 24-hour chart illustrates a support level at 52.22, which if violated will result in even more drops to 50.99. On the upside, there is a resistance level at 55.83. A further resistance level may holdings at 58.20. The Relative Strength Index (RSI) on the 14-day chart is 49.17, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.73, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 69.44%. Stochastics %K at 68.38% indicates the stock is a holding.

How much short interest is there in Doximity Inc?

A steep rise in short interest was recorded in Doximity Inc stocks on 2024-12-13, dropping by -1.69 million shares to a total of 7.03 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 8.71 million shares. There was a decline of -23.97%, which implies that there is a negative sentiment for the stock.

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