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. MKS Instruments, Inc shares valued at $34,440 were sold by Moloney Jacqueline F on Dec 10 ’24. At $114.80 per share, Moloney Jacqueline F sold 300 shares. The insider’s holdings dropped to 9,983 shares worth approximately $1.22 million following the completion of this transaction.
Also, Moloney Jacqueline F purchased 300 shares, netting a total of over 34,440 in proceeds.
Before that, Mora Elizabeth had sold 275 shares from its account. In a trade valued at $31,188, the Director traded MKS Instruments, Inc shares for $113.41 each. Upon closing the transaction, the insider’s holdings decreased to 275 shares, worth approximately $2.17 million.
As published in a research note from Citigroup on January 06, 2025, MKS Instruments, Inc [MKSI] has been rated up from a Neutral to a Buy and the price target has been revised to $130. Analysts at JP Morgan started covering the stock with ‘”an Overweight”‘ outlook in a report released in mid December. As of September 16, 2024, Citigroup has decreased its “Buy” rating to a “Neutral” for MKSI. Earlier on September 10, 2024, Cantor Fitzgerald initiated its rating. Their recommendation was “an Overweight” for MKSI stock.
Analyzing MKSI Stock Performance
During the last five days, there has been a surge of approximately 10.42%. Over the course of the year, MKS Instruments, Inc shares have jumped approximately 17.53%. Shares of the company reached a 52-week high of $125.33 on 01/22/25 and a 52-week low of $105.22 on 01/03/25. A 50-day SMA is recorded $111.75, while a 200-day SMA reached $117.09. Nevertheless, trading volume fell to 0.99 million shares from 1.07 million shares the previous day.
Support And Resistance Levels for MKS Instruments, Inc (MKSI)
According to the 24-hour chart, there is a support level at 121.72, which, if violated, would cause prices to drop to 120.74. In the upper region, resistance lies at 124.50. The next price resistance is at 126.30. RSI (Relative Strength Index) is 69.47 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 8.57, which suggests the price will increase in the coming days. Percent R is at 12.17%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
