Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Guardant Health Inc shares valued at $4,359 were sold by Tariq Musa on Jan 17 ’25. At $37.58 per share, Tariq Musa sold 116 shares. The insider’s holdings dropped to 2,944 shares worth approximately $0.14 million following the completion of this transaction.
Also, Tariq Musa purchased 116 shares, netting a total of over 4,359 in proceeds.
Before that, Tariq Musa had sold 116 shares from its account. In a trade valued at $4,043, the Director traded Guardant Health Inc shares for $34.85 each. Upon closing the transaction, the insider’s holdings decreased to 116 shares, worth approximately $0.13 million.
As published in a research note from Guggenheim on June 28, 2024, Guardant Health Inc [GH] has been rated up from a Neutral to a Buy and the price target has been revised to $36. Earlier on December 14, 2023, Guggenheim initiated its rating. Their recommendation was “a Neutral” for GH stock.
Analyzing GH Stock Performance
During the last five days, there has been a surge of approximately 26.00%. Over the course of the year, Guardant Health Inc shares have jumped approximately 54.50%. Shares of the company reached a 52-week high of $49.86 on 01/22/25 and a 52-week low of $30.97 on 01/02/25. A 50-day SMA is recorded $34.07, while a 200-day SMA reached $27.43. Nevertheless, trading volume fell to 5.92 million shares from 7.16 million shares the previous day.
Support And Resistance Levels for Guardant Health Inc (GH)
According to the 24-hour chart, there is a support level at 44.69, which, if violated, would cause prices to drop to 42.19. In the upper region, resistance lies at 49.78. The next price resistance is at 52.37. RSI (Relative Strength Index) is 81.94 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 5.80, which suggests the price will increase in the coming days. Percent R is at 13.50%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
