Baxter International Inc’s recent filing unveils that its Officer Stevens Brian acquired Company’s shares for reported $39046.0 on Sep 16 ’24. In the deal valued at $40.01 per share,976 shares were bought.
Then, Stevens Brian bought 16,063 shares, generating $639,465 in total proceeds.
Before that, Mason Jeanne K sold 64,488 shares. Baxter International Inc shares valued at $2,618,858 were divested by the EVP, Chief HR Officer at a price of $40.61 per share. As a result of the transaction, Mason Jeanne K now holds 142,290 shares, worth roughly $4.21 million.
Morgan Stanley downgraded its Baxter International Inc [BAX] rating to an Underweight from a an Equal-weight in a research note published on July 15, 2024; the price target was decreased to $30 from $39. A number of analysts have revised their coverage, including Goldman’s analysts, who began to cover the stock in late May with a ‘”a Neutral”‘ rating. TD Cowen also remained covering BAX and has decreased its forecast on May 10, 2024 with a “Hold” recommendation from previously “Buy” rating.
Price Performance Review of BAX
On Tuesday, Baxter International Inc [NYSE:BAX] saw its stock fall -0.27% to $29.58. Over the last five days, the stock has gained 3.32%. Baxter International Inc shares have risen nearly 1.44% since the year began. Nevertheless, the stocks have fallen -24.46% over the past one year. While a 52-week high of $44.01 was reached on 01/06/25, a 52-week low of $28.33 was recorded on 01/02/25. SMA at 50 days reached $32.28, while 200 days put it at $35.78.
Levels Of Support And Resistance For BAX Stock
The 24-hour chart illustrates a support level at 29.35, which if violated will result in even more drops to 29.11. On the upside, there is a resistance level at 29.90. A further resistance level may holdings at 30.22. The Relative Strength Index (RSI) on the 14-day chart is 39.35, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.33, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 36.32%. Stochastics %K at 59.51% indicates the stock is a holding.
How much short interest is there in Baxter International Inc?
A steep rise in short interest was recorded in Baxter International Inc stocks on 2024-12-13, growing by 0.33 million shares to a total of 13.12 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 12.79 million shares. There was a rise of 2.5%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on March 29, 2023 when UBS began covering the stock and recommended ‘”a Neutral”‘ rating along with a $43 price target.
