Stryker Corp’s filing revealed that its Director STRYKER RONDA E unloaded Company’s shares for reported $78.99 million on Jan 31 ’25. In the deal valued at $392.24 per share,201,392 shares were sold. As a result of this transaction, STRYKER RONDA E now holds 3,642,075 shares worth roughly $1.43 billion.
Then, STRYKER RONDA E bought 236,000 shares, generating $92,020,000 in total proceeds.
Before that, Stiles Spencer S sold 514 shares. Stryker Corp shares valued at $201,056 were divested by the Group President at a price of $391.16 per share. As a result of the transaction, Stiles Spencer S now holds 50,611 shares, worth roughly $19.86 million.
Morgan Stanley upgraded its Stryker Corp [SYK] rating to an Overweight from a an Equal-weight in a research note published on December 02, 2024; the price target was increased to $445 from $370. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who began to cover the stock in early September with a ‘”an Outperform”‘ rating. Goldman began covering SYK with “Neutral” recommendation on May 30, 2024. Needham revised its rating on May 22, 2024. It rated SYK as “a Buy” which previously was an “a Hold”.
Price Performance Review of SYK
On Tuesday, Stryker Corp [NYSE:SYK] saw its stock jump 0.32% to $392.39. Over the last five days, the stock has lost -0.70%. Stryker Corp shares have risen nearly 8.98% since the year began. Nevertheless, the stocks have risen 15.22% over the past one year. While a 52-week high of $406.19 was reached on 01/28/25, a 52-week low of $314.93 was recorded on 01/07/25. SMA at 50 days reached $378.26, while 200 days put it at $354.96.
Levels Of Support And Resistance For SYK Stock
The 24-hour chart illustrates a support level at 389.40, which if violated will result in even more drops to 386.40. On the upside, there is a resistance level at 394.23. A further resistance level may holdings at 396.06. The Relative Strength Index (RSI) on the 14-day chart is 60.84, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.65, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 32.45%. Stochastics %K at 67.88% indicates the stock is a holding.
How much short interest is there in Stryker Corp?
A steep rise in short interest was recorded in Stryker Corp stocks on 2025-01-15, growing by 0.4 million shares to a total of 4.68 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 4.28 million shares. There was a rise of 8.45%, which implies that there is a positive sentiment for the stock.
