Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Surgery Partners Inc shares valued at $128,355 were purchased by Anthony Taparo on Jan 16 ’25. At $19.86 per share, Anthony Taparo acquired 6,463 shares.
Also, Bradley Owens purchased 9,241 shares, netting a total of over 283,652 in proceeds.
Before that, Bane Harrison R. had sold 6,325 shares from its account. In a trade valued at $196,742, the National Group President traded Surgery Partners Inc shares for $31.11 each. Upon closing the transaction, the insider’s holdings decreased to 6,325 shares, worth approximately $1.24 million.
As published in their initiating research note from BofA Securities on December 16, 2024, Surgery Partners Inc [SGRY] has been a Buy and the price target has been revised to $30. Analysts at UBS started covering the stock with ‘”a Buy”‘ outlook in a report released in mid October. As of October 11, 2024, KeyBanc Capital Markets has initiated its “Sector weight” rating for SGRY. Earlier on June 28, 2024, Macquarie initiated its rating. Their recommendation was “an Outperform” for SGRY stock.
Analyzing SGRY Stock Performance
During the last five days, there has been a surge of approximately 24.94%. Over the course of the year, Surgery Partners Inc shares have jumped approximately 21.63%. Shares of the company reached a 52-week high of $26.15 on 01/29/25 and a 52-week low of $19.78 on 01/14/25. A 50-day SMA is recorded $21.69, while a 200-day SMA reached $26.60. Nevertheless, trading volume fell to 2.66 million shares from 4.41 million shares the previous day.
Support And Resistance Levels for Surgery Partners Inc (SGRY)
According to the 24-hour chart, there is a support level at 25.34, which, if violated, would cause prices to drop to 24.94. In the upper region, resistance lies at 26.03. The next price resistance is at 26.32. RSI (Relative Strength Index) is 71.87 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 4.16, which suggests the price will increase in the coming days. Percent R is at 6.28%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
