In a filing, Henry Schein Inc revealed its EVP & Chief Operating Officer Ettinger Michael S unloaded Company’s shares for reported $0.92 million on Nov 18 ’24. In the deal valued at $75.00 per share,12,240 shares were sold. As a result of this transaction, Ettinger Michael S now holds 87,706 shares worth roughly $6.29 million.
Then, Ettinger Michael S bought 12,240 shares, generating $918,000 in total proceeds.
Before that, McGlynn Lorelei sold 21,035 shares. Henry Schein Inc shares valued at $1,457,726 were divested by the SVP, Chief Human Res. Officer at a price of $69.30 per share. As a result of the transaction, McGlynn Lorelei now holds 71,833 shares, worth roughly $5.15 million.
BofA Securities upgraded its Henry Schein Inc [HSIC] rating to a Buy from a an Underperform in a research note published on January 06, 2025; the price target was increased to $84 from $69. 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. Robert W. Baird also remained covering HSIC and has increased its forecast on July 22, 2024 with a “an Outperform” recommendation from previously “Neutral” rating. Leerink Partners started covering the stock on February 26, 2024. It rated HSIC as “a Market perform”.
Price Performance Review of HSIC
On Monday, Henry Schein Inc [NASDAQ:HSIC] saw its stock jump 3.86% to $71.76. Over the last five days, the stock has gained 1.90%. Henry Schein Inc shares have risen nearly 3.70% since the year began. Nevertheless, the stocks have fallen -4.06% over the past one year. While a 52-week high of $82.63 was reached on 01/06/25, a 52-week low of $63.67 was recorded on 01/02/25. SMA at 50 days reached $72.00, while 200 days put it at $70.61.
Levels Of Support And Resistance For HSIC Stock
The 24-hour chart illustrates a support level at 70.86, which if violated will result in even more drops to 69.97. On the upside, there is a resistance level at 72.61. A further resistance level may holdings at 73.47. The Relative Strength Index (RSI) on the 14-day chart is 50.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.69, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 59.37%. Stochastics %K at 20.18% indicates the stock is a holding.
How much short interest is there in Henry Schein Inc?
A steep rise in short interest was recorded in Henry Schein Inc stocks on 2024-12-13, growing by 0.63 million shares to a total of 6.84 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 6.21 million shares. There was a rise of 9.23%, which implies that there is a positive sentiment for the stock.
