Hologic, Inc’s recent filing unveils that its Chief Operating Officer Mitchell Essex D unloaded Company’s shares for reported $1.9 million on Dec 04 ’24. In the deal valued at $76.34 per share,24,856 shares were sold. As a result of this transaction, Mitchell Essex D now holds 27,957 shares worth roughly $2.0 million.
Then, Mitchell Essex D bought 24,856 shares, generating $1,897,484 in total proceeds.
Before that, Oberton Karleen Marie sold 52,679 shares. Hologic, Inc shares valued at $4,243,662 were divested by the Chief Financial Officer at a price of $80.56 per share. As a result of the transaction, Oberton Karleen Marie now holds 84,042 shares, worth roughly $6.02 million.
Needham downgraded its Hologic, Inc [HOLX] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who began to cover the stock in mid December with a ‘”a Peer perform”‘ rating. Needham also remained covering HOLX and reiterated its “Buy” recommendation on December 10, 2024. Jefferies started covering the stock on December 10, 2024. It rated HOLX as “a Hold”.
Price Performance Review of HOLX
On Tuesday, Hologic, Inc [NASDAQ:HOLX] saw its stock fall -0.20% to $71.58. Over the last five days, the stock has lost -0.26%. Hologic, Inc shares have fallen nearly -0.71% since the year began. Nevertheless, the stocks have fallen -3.80% over the past one year. While a 52-week high of $84.67 was reached on 01/06/25, a 52-week low of $68.61 was recorded on 01/15/25. SMA at 50 days reached $73.60, while 200 days put it at $77.06.
Levels Of Support And Resistance For HOLX Stock
The 24-hour chart illustrates a support level at 71.29, which if violated will result in even more drops to 71.01. On the upside, there is a resistance level at 72.08. A further resistance level may holdings at 72.59. The Relative Strength Index (RSI) on the 14-day chart is 47.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.72, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 32.96%. Stochastics %K at 72.31% indicates the stock is a holding.
How much short interest is there in Hologic, Inc?
A steep rise in short interest was recorded in Hologic, Inc stocks on 2024-11-29, growing by 1.3 million shares to a total of 6.15 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 4.85 million shares. There was a rise of 21.19%, which implies that there is a positive sentiment for the stock.
