Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Haemonetics Corp shares valued at $565,692 were purchased by Lingamneni Anila on Nov 11 ’24. At $90.68 per share, Lingamneni Anila acquired 6,238 shares.
Also, Strong Stewart W sold 4,312 shares, netting a total of over 393,039 in proceeds. Following the sale of shares at $91.15 each, the insider now holds 18,196 shares.
Before that, Strong Stewart W had added 4,312 shares to its account. In a trade valued at $393,039, the Officer bought Haemonetics Corp shares for $91.15 each.
As published in their initiating research note from JP Morgan on December 06, 2024, Haemonetics Corp [HAE] has been an Overweight and the price target has been revised to $116. Analysts at Raymond James upgraded the stock from ‘”an Outperform”‘ to ‘”a Strong buy”‘ outlook in a report released in early November. As of September 13, 2024, CL King has initiated its “Buy” rating for HAE. Earlier on September 11, 2024, BofA Securities initiated its rating. Their recommendation was “a Neutral” for HAE stock.
Analyzing HAE Stock Performance
During the last five days, there has been a surge of approximately 0.03%. Over the course of the year, Haemonetics Corp shares have jumped approximately 0.03%. Shares of the company reached a 52-week high of $81.50 on 01/06/25 and a 52-week low of $76.27 on 01/08/25. A 50-day SMA is recorded $81.76, while a 200-day SMA reached $82.90. Nevertheless, trading volume fell to 0.25 million shares from 0.44 million shares the previous day.
Support And Resistance Levels for Haemonetics Corp (HAE)
According to the 24-hour chart, there is a support level at 76.82, which, if violated, would cause prices to drop to 75.54. In the upper region, resistance lies at 78.83. The next price resistance is at 79.55. RSI (Relative Strength Index) is 44.36 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.36, which suggests the price will decrease in the coming days. Percent R is at 53.60%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
