RxSight Inc’s filing revealed that its insider Goldshleger Ilya unloaded Company’s shares for reported $0.14 million on Nov 29 ’24. In the deal valued at $46.08 per share,3,105 shares were sold. As a result of this transaction, Goldshleger Ilya now holds 42,246 shares worth roughly $1.5 million.
Then, ILYA GOLDSHLEGER bought 3,105 shares, generating $143,078 in total proceeds.
Before that, Maniar Shweta sold 3,782 shares. RxSight Inc shares valued at $173,518 were divested by the Director at a price of $45.88 per share. As a result of the transaction, Maniar Shweta now holds 10,902 shares, worth roughly $0.39 million.
Stifel downgraded its RxSight Inc [RXST] rating to a Hold from a a Buy in a research note published on December 20, 2024; the price target was decreased to $40 from $65. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who decreased its forecast for the stock in mid December from “an Overweight” to “an Equal weight”. UBS began covering RXST with “Buy” recommendation on December 06, 2024. Jefferies started covering the stock on October 29, 2024. It rated RXST as “a Buy”.
Price Performance Review of RXST
On Monday, RxSight Inc [NASDAQ:RXST] saw its stock fall -1.23% to $35.40. Over the last five days, the stock has gained 3.45%. RxSight Inc shares have risen nearly 2.97% since the year began. Nevertheless, the stocks have fallen -0.53% over the past one year. While a 52-week high of $66.54 was reached on 01/06/25, a 52-week low of $33.03 was recorded on 01/02/25. SMA at 50 days reached $43.06, while 200 days put it at $50.86.
Levels Of Support And Resistance For RXST Stock
The 24-hour chart illustrates a support level at 34.98, which if violated will result in even more drops to 34.55. On the upside, there is a resistance level at 35.98. A further resistance level may holdings at 36.55. The Relative Strength Index (RSI) on the 14-day chart is 38.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.30, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 62.62%. Stochastics %K at 35.23% indicates the stock is a holding.
How much short interest is there in RxSight Inc?
A steep rise in short interest was recorded in RxSight Inc stocks on 2024-12-13, dropping by -0.45 million shares to a total of 2.58 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 3.03 million shares. There was a decline of -17.32%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on August 20, 2024 when Needham resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $66.
