Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Integer Holdings Corp shares valued at $1,431,132 were sold by Hobby Jean M. on Jul 31 ’24. At $119.66 per share, Hobby Jean M. sold 11,960 shares. The insider’s holdings dropped to 2,280 shares worth approximately $0.3 million following the completion of this transaction.
Also, MAXWELL MARTIN C sold 4,700 shares, netting a total of over 558,724 in proceeds. Following the sale of shares at $118.88 each, the insider now holds 20,656 shares.
Before that, Harris John A had sold 3,400 shares from its account. In a trade valued at $420,920, the EVP, Global Ops and Manufactur traded Integer Holdings Corp shares for $123.80 each. Upon closing the transaction, the insider’s holdings decreased to 3,400 shares, worth approximately $0.2 million.
Analysts at Oppenheimer started covering the stock with ‘”an Outperform”‘ outlook in a report released in mid July. As of May 15, 2024, Truist has initiated its “Buy” rating for ITGR. Earlier on April 15, 2024, BofA Securities upgraded its rating. Their new recommendation was “a Buy” for ITGR stock which previously was a “a Neutral”.
Analyzing ITGR Stock Performance
During the last five days, there has been a surge of approximately 0.45%. Over the course of the year, Integer Holdings Corp shares have jumped approximately 0.45%. Shares of the company reached a 52-week high of $135.94 on 01/06/25 and a 52-week low of $131.06 on 01/07/25. A 50-day SMA is recorded $135.14, while a 200-day SMA reached $124.22. Nevertheless, trading volume fell to 0.15 million shares from 0.14 million shares the previous day.
Support And Resistance Levels for Integer Holdings Corp (ITGR)
According to the 24-hour chart, there is a support level at 131.44, which, if violated, would cause prices to drop to 129.76. In the upper region, resistance lies at 134.51. The next price resistance is at 135.90. RSI (Relative Strength Index) is 44.96 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.57, which suggests the price will decrease in the coming days. Percent R is at 67.96%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
