Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. QuidelOrtho Corporation shares valued at $4,759,500 were purchased by The Bujarski 2007 Trust U/A Dt on Jan 06 ’25. At $47.50 per share, The Bujarski 2007 Trust U/A Dt acquired 100,200 shares.
Also, Blaser Brian J. purchased 6,033 shares, netting a total of over 249,878 in proceeds. Following the buying of shares at $41.42 each, the insider now holds 6,033 shares.
Before that, Robert Bujarski had added 20,000 shares to its account. In a trade valued at $808,000, the Former COO bought QuidelOrtho Corporation shares for $40.40 each.
As published in a research note from Citigroup on December 11, 2024, QuidelOrtho Corporation [QDEL] has been rated up from a Neutral to a Buy and the price target has been revised to $50 from $44. Analysts at Jefferies started covering the stock with ‘”a Hold”‘ outlook in a report released in early December. Earlier on September 05, 2024, Craig Hallum upgraded its rating. Their new recommendation was “a Buy” for QDEL stock which previously was a “a Hold”.
Analyzing QDEL Stock Performance
During the last five days, there has been a surge of approximately 3.32%. Over the course of the year, QuidelOrtho Corporation shares have jumped approximately 3.32%. Shares of the company reached a 52-week high of $49.45 on 01/07/25 and a 52-week low of $44.27 on 01/03/25. A 50-day SMA is recorded $41.31, while a 200-day SMA reached $41.04. Nevertheless, trading volume fell to 0.67 million shares from 1.05 million shares the previous day.
Support And Resistance Levels for QuidelOrtho Corporation (QDEL)
According to the 24-hour chart, there is a support level at 45.30, which, if violated, would cause prices to drop to 44.57. In the upper region, resistance lies at 46.66. The next price resistance is at 47.29. RSI (Relative Strength Index) is 61.02 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.91, which suggests the price will increase in the coming days. Percent R is at 43.79%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
