Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Health Catalyst Inc shares valued at $38,008 were purchased by LINDA LLEWELYN on Jan 15 ’25. At $5.90 per share, LINDA LLEWELYN acquired 6,442 shares.
Also, LeSueur Daniel sold 5,209 shares, netting a total of over 39,134 in proceeds. Following the sale of shares at $7.51 each, the insider now holds 91,253 shares.
Before that, Landry Benjamin had sold 2,500 shares from its account. In a trade valued at $18,796, the General Counsel traded Health Catalyst Inc shares for $7.52 each. Upon closing the transaction, the insider’s holdings decreased to 2,500 shares, worth approximately $0.4 million.
As published in a research note from KeyBanc Capital Markets on January 08, 2025, Health Catalyst Inc [HCAT] has been rated up from a Sector weight to an Overweight and the price target has been revised to $9. Analysts at KeyBanc Capital Markets downgraded the stock from ‘”an Overweight”‘ to ‘”a Sector weight”‘ outlook in a report released in early April. As of January 03, 2024, Evercore ISI has increased its “an In-line” rating to a “an Outperform” for HCAT. Earlier on January 03, 2024, Barclays initiated its rating. Their recommendation was “an Overweight” for HCAT stock.
Analyzing HCAT Stock Performance
During the last five days, there has been a drop of approximately -25.27%. Over the course of the year, Health Catalyst Inc shares have dropped approximately -22.21%. Shares of the company reached a 52-week high of $7.65 on 01/06/25 and a 52-week low of $5.48 on 01/16/25. A 50-day SMA is recorded $7.66, while a 200-day SMA reached $7.18. Nevertheless, trading volume fell to 1.16 million shares from 1.53 million shares the previous day.
Support And Resistance Levels for Health Catalyst Inc (HCAT)
According to the 24-hour chart, there is a support level at 5.38, which, if violated, would cause prices to drop to 5.25. In the upper region, resistance lies at 5.73. The next price resistance is at 5.95. RSI (Relative Strength Index) is 25.53 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.09, which suggests the price will decrease in the coming days. Percent R is at 99.08%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
