The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. ICU Medical, Inc shares valued at $213,474 were sold by Jain Vivek on Jan 02 ’25. At $155.48 per share, Jain Vivek sold 1,373 shares. The insider’s holdings dropped to 104,593 shares worth approximately $16.84 million following the completion of this transaction.
Also, VIVEK JAIN purchased 1,373 shares, netting a total of over 213,474 in proceeds.
Before that, Woolson Daniel had added 2,241 shares to its account. In a trade valued at $350,158, the Officer bought ICU Medical, Inc shares for $156.25 each.
As published in a research note from Jefferies on December 11, 2024, ICU Medical, Inc [ICUI] has been rated up from a Hold to a Buy and the price target has been revised to $200. Analysts at Jefferies started covering the stock with ‘”a Hold”‘ outlook in a report released in mid October. As of June 21, 2024, Needham has initiated its “Hold” rating for ICUI. Earlier on June 17, 2024, Raymond James upgraded its rating. Their new recommendation was “an Outperform” for ICUI stock which previously was a “a Mkt perform”.
Analyzing ICUI Stock Performance
During the last five days, there has been a surge of approximately 3.75%. Over the course of the year, ICU Medical, Inc shares have jumped approximately 3.75%. Shares of the company reached a 52-week high of $167.49 on 01/07/25 and a 52-week low of $154.77 on 01/02/25. A 50-day SMA is recorded $164.58, while a 200-day SMA reached $140.72. Nevertheless, trading volume fell to 0.13 million shares from 0.15 million shares the previous day.
Support And Resistance Levels for ICU Medical, Inc (ICUI)
According to the 24-hour chart, there is a support level at 158.12, which, if violated, would cause prices to drop to 155.26. In the upper region, resistance lies at 162.93. The next price resistance is at 164.88. RSI (Relative Strength Index) is 51.21 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 5.37, which suggests the price will increase in the coming days. Percent R is at 39.54%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
