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. Senseonics Holdings Inc shares valued at $123,000 were purchased by ROEDER DOUGLAS A on Dec 12 ’24. At $0.41 per share, ROEDER DOUGLAS A acquired 300,000 shares. The insider’s holdings grew to 1,388,087 shares worth approximately $1.22 million following the completion of this transaction.
Also, ROEDER DOUGLAS A purchased 25,000 shares, netting a total of over 12,500 in proceeds. Following the buying of shares at $0.50 each, the insider now holds 1,413,087 shares.
Before that, Sullivan Frederick T. had added 124,933 shares to its account. In a trade valued at $47,475, the Chief Financial Officer bought Senseonics Holdings Inc shares for $0.38 each. Upon closing the transaction, the insider’s holdings increased to 124,933 shares, worth approximately $2.18 million.
As published in their initiating research note from Jefferies on July 19, 2023, Senseonics Holdings Inc [SENS] has been an Underperform and the price target has been revised to $0.50. Analysts at H.C. Wainwright started covering the stock with ‘”a Buy”‘ outlook in a report released in mid August. As of April 01, 2021, SVB Leerink has decreased its “an Outperform” rating to a “Mkt perform” for SENS. Earlier on March 05, 2021, Raymond James downgraded its rating. Their new recommendation was “an Underperform” for SENS stock which previously was a “a Mkt perform”.
Analyzing SENS Stock Performance
During the last five days, there has been a surge of approximately 103.30%. Over the course of the year, Senseonics Holdings Inc shares have jumped approximately 67.18%. Shares of the company reached a 52-week high of $0.9097 on 01/16/25 and a 52-week low of $0.4255 on 01/08/25. A 50-day SMA is recorded $0.4156, while a 200-day SMA reached $0.4121. Nevertheless, trading volume fell to 40.59 million shares from 10.33 million shares the previous day.
Support And Resistance Levels for Senseonics Holdings Inc (SENS)
According to the 24-hour chart, there is a support level at 0.7466, which, if violated, would cause prices to drop to 0.6183. In the upper region, resistance lies at 0.9565. The next price resistance is at 1.0381. RSI (Relative Strength Index) is 74.51 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.1732, which suggests the price will decrease in the coming days. Percent R is at 7.17%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
