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Recent Insider Activity Suggests Potential Gains for Teladoc Health Inc (TDOC)

Teladoc Health Inc’s filing revealed that its Officer Nanis Nikolaos P. acquired Company’s shares for reported $4681.0 on Jan 03 ’25. In the deal valued at $9.33 per share,502 shares were bought.

Then, Waters Michael Willem bought 4,652 shares, generating $47,823 in total proceeds.

Before that, Nueno Carlos sold 2,890 shares. Teladoc Health Inc shares valued at $32,455 were divested by the President, International at a price of $11.23 per share. As a result of the transaction, Nueno Carlos now holds 0 shares, worth roughly $0.0.

Goldman initiated its Teladoc Health Inc [TDOC] rating to a Buy in a research note published on November 15, 2024; the price target was $14. A number of analysts have revised their coverage, including Jefferies’s analysts, who remained covering the stock and in mid September has reiterated a ‘”a Hold”‘ rating for it. Cantor Fitzgerald began covering TDOC with “an Overweight” recommendation on February 29, 2024. Leerink Partners started covering the stock on February 26, 2024. It rated TDOC as “a Market perform”.

Price Performance Review of TDOC

On Friday, Teladoc Health Inc [NYSE:TDOC] saw its stock unchanged to $9.52. Over the last five days, the stock has lost -0.10%. Teladoc Health Inc shares have risen nearly 4.73% since the year began. Nevertheless, the stocks have fallen -55.18% over the past one year. While a 52-week high of $22.16 was reached on 01/02/25, a 52-week low of $6.76 was recorded on 01/03/25. SMA at 50 days reached $9.81, while 200 days put it at $10.21.

Levels Of Support And Resistance For TDOC Stock

The 24-hour chart illustrates a support level at 9.20, which if violated will result in even more drops to 8.88. On the upside, there is a resistance level at 9.74. A further resistance level may holdings at 9.96. The Relative Strength Index (RSI) on the 14-day chart is 46.51, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.76%. Stochastics %K at 29.49% indicates the stock is a holding.

How much short interest is there in Teladoc Health Inc?

A steep rise in short interest was recorded in Teladoc Health Inc stocks on 2024-12-13, dropping by -2.98 million shares to a total of 22.71 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 25.69 million shares. There was a decline of -13.11%, which implies that there is a negative sentiment for the stock.

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