Glaukos Corporation’s recent filing unveils that its PRESIDENT & COO Gilliam Joseph E unloaded Company’s shares for reported $0.5 million on Dec 20 ’24. In the deal valued at $149.85 per share,3,328 shares were sold. As a result of this transaction, Gilliam Joseph E now holds 102,169 shares worth roughly $15.86 million.
Then, Kliman Gilbert H sold 10,000 shares, generating $1,502,800 in total proceeds. Upon selling the shares at $150.28, the Director now owns 32,336 shares.
Before that, Gilliam Joseph E bought 3,657 shares. Glaukos Corporation shares valued at $548,017 were divested by the Officer at a price of $149.85 per share.
Citigroup upgraded its Glaukos Corporation [GKOS] rating to a Buy from a a Neutral in a research note published on December 11, 2024; the price target was increased to $162 from $132. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in early December with a ‘”a Buy”‘ rating. Morgan Stanley also remained covering GKOS and has decreased its forecast on December 02, 2024 with a “an Underweight” recommendation from previously “an Equal-weight” rating. Citigroup revised its rating on July 10, 2024. It rated GKOS as “a Neutral” which previously was an “a Buy”.
Price Performance Review of GKOS
On Monday, Glaukos Corporation [NYSE:GKOS] saw its stock jump 2.48% to $155.20. Over the last five days, the stock has gained 2.67%. Glaukos Corporation shares have risen nearly 3.51% since the year began. Nevertheless, the stocks have risen 101.14% over the past one year. While a 52-week high of $153.50 was reached on 01/06/25, a 52-week low of $75.90 was recorded on 01/02/25. SMA at 50 days reached $141.54, while 200 days put it at $122.33.
Levels Of Support And Resistance For GKOS Stock
The 24-hour chart illustrates a support level at 152.16, which if violated will result in even more drops to 149.12. On the upside, there is a resistance level at 157.00. A further resistance level may holdings at 158.80. The Relative Strength Index (RSI) on the 14-day chart is 64.84, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.87, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 3.08%. Stochastics %K at 86.67% indicates the stock is a selling.
How much short interest is there in Glaukos Corporation?
A steep rise in short interest was recorded in Glaukos Corporation stocks on 2024-12-13, dropping by -0.24 million shares to a total of 2.57 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 2.81 million shares. There was a decline of -9.36%, which implies that there is a negative sentiment for the stock.
