Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Dexcom Inc shares valued at $32,593 were sold by Stern Sadie on Dec 16 ’24. At $76.87 per share, Stern Sadie sold 424 shares. The insider’s holdings dropped to 70,768 shares worth approximately $6.16 million following the completion of this transaction.
Also, Sylvain Jereme M sold 744 shares, netting a total of over 57,191 in proceeds. Following the sale of shares at $76.87 each, the insider now holds 80,030 shares.
Before that, Leach Jacob Steven had sold 744 shares from its account. In a trade valued at $57,191, the EVP, Chief Operating Officer traded Dexcom Inc shares for $76.87 each. Upon closing the transaction, the insider’s holdings decreased to 744 shares, worth approximately $23.01 million.
As published in a research note from Robert W. Baird on January 16, 2025, Dexcom Inc [DXCM] has been rated up from a Neutral to an Outperform and the price target has been revised to $104 from $86. Analysts at Robert W. Baird downgraded the stock from ‘”an Outperform”‘ to ‘”a Neutral”‘ outlook in a report released in late July. As of July 26, 2024, JP Morgan has decreased its “an Overweight” rating to a “Neutral” for DXCM. Earlier on May 30, 2024, Redburn Atlantic initiated its rating. Their recommendation was “a Neutral” for DXCM stock.
Analyzing DXCM Stock Performance
During the last five days, there has been a surge of approximately 10.00%. Over the course of the year, Dexcom Inc shares have jumped approximately 11.98%. Shares of the company reached a 52-week high of $88.21 on 01/22/25 and a 52-week low of $73.62 on 01/13/25. A 50-day SMA is recorded $78.10, while a 200-day SMA reached $92.35. Nevertheless, trading volume fell to 3.17 million shares from 4.06 million shares the previous day.
Support And Resistance Levels for Dexcom Inc (DXCM)
According to the 24-hour chart, there is a support level at 85.81, which, if violated, would cause prices to drop to 84.52. In the upper region, resistance lies at 88.29. The next price resistance is at 89.49. RSI (Relative Strength Index) is 68.23 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 4.75, which suggests the price will increase in the coming days. Percent R is at 7.64%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
