Glaukos Corporation’s recent filing unveils that its PRESIDENT & COO Gilliam Joseph E unloaded Company’s shares for reported $0.5 million on Dec 20 ’24. In the deal valued at $149.85 per share,3,328 shares were sold. As a result of this transaction, Gilliam Joseph E now holds 102,169 shares worth roughly $15.77 million.
Then, Kliman Gilbert H sold 10,000 shares, generating $1,502,800 in total proceeds. Upon selling the shares at $150.28, the Director now owns 32,336 shares.
Before that, Gilliam Joseph E bought 3,657 shares. Glaukos Corporation shares valued at $548,017 were divested by the Officer at a price of $149.85 per share.
Citigroup upgraded its Glaukos Corporation [GKOS] rating to a Buy from a a Neutral in a research note published on December 11, 2024; the price target was increased to $162 from $132. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in early December with a ‘”a Buy”‘ rating. Morgan Stanley also remained covering GKOS and has decreased its forecast on December 02, 2024 with a “an Underweight” recommendation from previously “an Equal-weight” rating. Citigroup revised its rating on July 10, 2024. It rated GKOS as “a Neutral” which previously was an “a Buy”.
Price Performance Review of GKOS
On Tuesday, Glaukos Corporation [NYSE:GKOS] saw its stock fall -1.13% to $154.32. Over the last five days, the stock has lost -3.36%. Glaukos Corporation shares have risen nearly 2.92% since the year began. Nevertheless, the stocks have risen 67.98% over the past one year. While a 52-week high of $163.71 was reached on 01/23/25, a 52-week low of $83.90 was recorded on 01/15/25. SMA at 50 days reached $148.94, while 200 days put it at $128.21.
Levels Of Support And Resistance For GKOS Stock
The 24-hour chart illustrates a support level at 152.79, which if violated will result in even more drops to 151.25. On the upside, there is a resistance level at 156.86. A further resistance level may holdings at 159.39. The Relative Strength Index (RSI) on the 14-day chart is 50.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.81, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 44.71%. Stochastics %K at 61.44% indicates the stock is a holding.
How much short interest is there in Glaukos Corporation?
A steep rise in short interest was recorded in Glaukos Corporation stocks on 2025-01-15, growing by 0.66 million shares to a total of 3.23 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 2.57 million shares. There was a rise of 20.36%, which implies that there is a positive sentiment for the stock.
