Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. U.S. Physical Therapy, Inc shares valued at $49,665 were sold by HENDRICKSON CAREY P on Dec 09 ’24. At $96.25 per share, HENDRICKSON CAREY P sold 516 shares. The insider’s holdings dropped to 20,469 shares worth approximately $1.82 million following the completion of this transaction.
Also, HENDRICKSON CAREY P purchased 516 shares, netting a total of over 49,747 in proceeds.
Before that, Richard S. Binstein had added 1,200 shares to its account. In a trade valued at $117,600, the Officer bought U.S. Physical Therapy, Inc shares for $98.00 each.
As published in a research note from BofA Securities on December 16, 2024, U.S. Physical Therapy, Inc [USPH] has been rated up from a Neutral to a Buy and the price target has been revised to $115 from $100. Analysts at JMP Securities started covering the stock with ‘”a Mkt outperform”‘ outlook in a report released in mid December. As of October 07, 2024, BofA Securities has decreased its “Buy” rating to a “Neutral” for USPH. Earlier on September 22, 2023, JP Morgan initiated its rating. Their recommendation was “an Overweight” for USPH stock.
Analyzing USPH Stock Performance
During the last five days, there has been a surge of approximately 0.39%. Over the course of the year, U.S. Physical Therapy, Inc shares have jumped approximately 0.39%. Shares of the company reached a 52-week high of $90.91 on 01/02/25 and a 52-week low of $86.39 on 01/03/25. A 50-day SMA is recorded $91.94, while a 200-day SMA reached $93.20. Nevertheless, trading volume fell to 69040.0 shares from 77400.0 shares the previous day.
Support And Resistance Levels for U.S. Physical Therapy, Inc (USPH)
According to the 24-hour chart, there is a support level at 87.51, which, if violated, would cause prices to drop to 85.97. In the upper region, resistance lies at 89.85. The next price resistance is at 90.64. RSI (Relative Strength Index) is 41.21 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.19, which suggests the price will decrease in the coming days. Percent R is at 71.60%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
