Omnicell, Inc’s recently made public that its Director PARRISH MARK W unloaded Company’s shares for reported $0.57 million on Dec 10 ’24. In the deal valued at $47.30 per share,12,000 shares were sold. As a result of this transaction, PARRISH MARK W now holds 58,427 shares worth roughly $2.41 million.
Then, PARRISH MARK W bought 12,000 shares, generating $552,000 in total proceeds.
BofA Securities downgraded its Omnicell, Inc [OMCL] rating to a Neutral from a a Buy in a research note published on October 31, 2024; the price target was increased to $57 from $44. A number of analysts have revised their coverage, including Barclays’s analysts, who increased its forecast for the stock in early August from “an Underweight” to “an Equal weight”. Barclays began covering OMCL with “an Underweight” recommendation on January 03, 2024. Wells Fargo revised its rating on November 03, 2023. It rated OMCL as “an Equal weight” which previously was an “an Underweight”.
Price Performance Review of OMCL
On Tuesday, Omnicell, Inc [NASDAQ:OMCL] saw its stock fall -2.71% to $41.25. Over the last five days, the stock has lost -5.93%. Omnicell, Inc shares have fallen nearly -7.35% since the year began. Nevertheless, the stocks have risen 41.75% over the past one year. While a 52-week high of $55.74 was reached on 02/06/25, a 52-week low of $25.12 was recorded on 02/07/25. SMA at 50 days reached $44.32, while 200 days put it at $38.91.
Levels Of Support And Resistance For OMCL Stock
The 24-hour chart illustrates a support level at 40.89, which if violated will result in even more drops to 40.53. On the upside, there is a resistance level at 41.82. A further resistance level may holdings at 42.40. The Relative Strength Index (RSI) on the 14-day chart is 42.53, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 69.32%. Stochastics %K at 30.89% indicates the stock is a holding.
How much short interest is there in Omnicell, Inc?
A steep rise in short interest was recorded in Omnicell, Inc stocks on 2025-01-15, dropping by 96897.0 shares to a total of 2.0 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 2.09 million shares. There was a decline of -4.85%, which implies that there is a negative sentiment for the stock.