Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. GE HealthCare Technologies Inc shares valued at $309,339 were sold by Rott Roland on Nov 06 ’24. At $86.48 per share, Rott Roland sold 3,577 shares. The insider’s holdings dropped to 24,298 shares worth approximately $2.12 million following the completion of this transaction.
Also, Roland Rott purchased 3,577 shares, netting a total of over 309,330 in proceeds.
Before that, Philip Rackliffe had added 900 shares to its account. In a trade valued at $78,870, the Officer bought GE HealthCare Technologies Inc shares for $87.63 each.
As published in a research note from Jefferies on January 08, 2025, GE HealthCare Technologies Inc [GEHC] has been rated up from a Hold to a Buy and the price target has been revised to $103 from $95. Analysts at UBS downgraded the stock from ‘”a Neutral”‘ to ‘”a Sell”‘ outlook in a report released in late September. As of September 18, 2024, BTIG Research has increased its “Neutral” rating to a “Buy” for GEHC. Earlier on September 09, 2024, JP Morgan initiated its rating. Their recommendation was “a Neutral” for GEHC stock.
Analyzing GEHC Stock Performance
During the last five days, there has been a surge of approximately 3.80%. Over the course of the year, GE HealthCare Technologies Inc shares have jumped approximately 11.70%. Shares of the company reached a 52-week high of $88.27 on 01/22/25 and a 52-week low of $77.72 on 01/02/25. A 50-day SMA is recorded $82.42, while a 200-day SMA reached $83.44. Nevertheless, trading volume fell to 2.38 million shares from 2.86 million shares the previous day.
Support And Resistance Levels for GE HealthCare Technologies Inc (GEHC)
According to the 24-hour chart, there is a support level at 86.63, which, if violated, would cause prices to drop to 85.93. In the upper region, resistance lies at 88.15. The next price resistance is at 88.97. RSI (Relative Strength Index) is 65.98 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.85, which suggests the price will increase in the coming days. Percent R is at 8.91%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
