Option Care Health Inc’s filing revealed that its Director KRAEMER HARRY M JANSEN JR acquired Company’s shares for reported $0.97 million on Nov 08 ’24. In the deal valued at $22.54 per share,43,000 shares were bought. As a result of this transaction, KRAEMER HARRY M JANSEN JR now holds 326,334 shares worth roughly $9.62 million.
Then, Pate R Carter sold 1,465 shares, generating $47,421 in total proceeds. Upon selling the shares at $32.37, the Director now owns 36,126 shares.
Before that, SHAPIRO MICHAEL H. sold 23,217 shares. Option Care Health Inc shares valued at $718,501 were divested by the Chief Financial Officer at a price of $30.95 per share. As a result of the transaction, SHAPIRO MICHAEL H. now holds 247,317 shares, worth roughly $7.29 million.
BofA Securities upgraded its Option Care Health Inc [OPCH] rating to a Buy from a a Neutral in a research note published on January 13, 2025; the price target was increased to $33 from $26. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in early December with a ‘”a Neutral”‘ rating. Goldman also remained covering OPCH and has decreased its forecast on November 04, 2024 with a “Neutral” recommendation from previously “Buy” rating. Jefferies revised its rating on October 31, 2024. It rated OPCH as “a Hold” which previously was an “a Buy”.
Price Performance Review of OPCH
On Tuesday, Option Care Health Inc [NASDAQ:OPCH] saw its stock jump 1.06% to $29.47. Over the last five days, the stock has gained 6.31%. Option Care Health Inc shares have risen nearly 27.03% since the year began. Nevertheless, the stocks have fallen -8.90% over the past one year. While a 52-week high of $34.62 was reached on 01/16/25, a 52-week low of $21.39 was recorded on 01/03/25. SMA at 50 days reached $23.79, while 200 days put it at $28.39.
Levels Of Support And Resistance For OPCH Stock
The 24-hour chart illustrates a support level at 29.20, which if violated will result in even more drops to 28.94. On the upside, there is a resistance level at 29.61. A further resistance level may holdings at 29.76. The Relative Strength Index (RSI) on the 14-day chart is 80.11, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.51, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 0.66%. Stochastics %K at 96.41% indicates the stock is a selling.
How much short interest is there in Option Care Health Inc?
A steep rise in short interest was recorded in Option Care Health Inc stocks on 2024-12-31, dropping by -1.32 million shares to a total of 3.8 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 5.11 million shares. There was a decline of -34.65%, which implies that there is a negative sentiment for the stock.
