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Recent Insider Activity Suggests Potential Gains for MKS Instruments, Inc (MKSI)

In a filing, MKS Instruments, Inc revealed its Director Moloney Jacqueline F unloaded Company’s shares for reported $34440.0 on Dec 10 ’24. In the deal valued at $114.80 per share,300 shares were sold. As a result of this transaction, Moloney Jacqueline F now holds 9,983 shares worth roughly $1.14 million.

Then, Moloney Jacqueline F bought 300 shares, generating $34,440 in total proceeds.

Before that, Mora Elizabeth sold 275 shares. MKS Instruments, Inc shares valued at $31,188 were divested by the Director at a price of $113.41 per share. As a result of the transaction, Mora Elizabeth now holds 17,659 shares, worth roughly $2.02 million.

Citigroup upgraded its MKS Instruments, Inc [MKSI] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who began to cover the stock in mid December with a ‘”an Overweight”‘ rating. Citigroup also remained covering MKSI and has decreased its forecast on September 16, 2024 with a “Neutral” recommendation from previously “Buy” rating. Cantor Fitzgerald started covering the stock on September 10, 2024. It rated MKSI as “an Overweight”.

Price Performance Review of MKSI

On Monday, MKS Instruments, Inc [NASDAQ:MKSI] saw its stock jump 5.81% to $114.59. Over the last five days, the stock has gained 7.92%. MKS Instruments, Inc shares have risen nearly 9.77% since the year began. Nevertheless, the stocks have risen 17.71% over the past one year. While a 52-week high of $147.40 was reached on 01/06/25, a 52-week low of $95.71 was recorded on 01/03/25. SMA at 50 days reached $109.03, while 200 days put it at $117.81.

Levels Of Support And Resistance For MKSI Stock

The 24-hour chart illustrates a support level at 112.03, which if violated will result in even more drops to 109.47. On the upside, there is a resistance level at 116.81. A further resistance level may holdings at 119.02. The Relative Strength Index (RSI) on the 14-day chart is 60.65, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.84, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 12.29%. Stochastics %K at 57.51% indicates the stock is a holding.

How much short interest is there in MKS Instruments, Inc?

A steep rise in short interest was recorded in MKS Instruments, Inc stocks on 2024-12-13, growing by 0.83 million shares to a total of 2.87 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 2.03 million shares. There was a rise of 29.07%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on September 03, 2024 when Goldman began covering the stock and recommended ‘”a Neutral”‘ rating along with a $129 price target.

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