The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Merck & Co Inc shares valued at $250,000 were purchased by THULIN INGE G on Feb 06 ’25. At $88.25 per share, THULIN INGE G acquired 2,833 shares. The insider’s holdings grew to 2,933 shares worth approximately $0.25 million following the completion of this transaction.
Also, Downing Cristal N sold 2,361 shares, netting a total of over 209,551 in proceeds. Following the sale of shares at $88.76 each, the insider now holds 7,085 shares.
Before that, BAKER DOUGLAS M JR had added 15,000 shares to its account. In a trade valued at $1,327,500, the Director bought Merck & Co Inc shares for $88.50 each. Upon closing the transaction, the insider’s holdings increased to 15,000 shares, worth approximately $1.37 million.
As published in a research note from TD Cowen on February 10, 2025, Merck & Co Inc [MRK] has been rated down from a Buy to a Hold and the price target has been revised to $100 from $121. Analysts at Truist downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early January. As of December 20, 2024, BMO Capital Markets has decreased its “an Outperform” rating to a “Market perform” for MRK.
Analyzing MRK Stock Performance
During the last five days, there has been a drop of approximately -4.46%. Over the course of the year, Merck & Co Inc shares have dropped approximately -13.88%. Shares of the company reached a 52-week high of $102.97 on 01/07/25 and a 52-week low of $85.61 on 02/12/25. A 50-day SMA is recorded $97.99, while a 200-day SMA reached $112.93. Nevertheless, trading volume fell to 14.78 million shares from 20.92 million shares the previous day.
Support And Resistance Levels for Merck & Co Inc (MRK)
According to the 24-hour chart, there is a support level at 85.30, which, if violated, would cause prices to drop to 84.92. In the upper region, resistance lies at 86.36. The next price resistance is at 87.04. RSI (Relative Strength Index) is 24.79 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -6.73, which suggests the price will decrease in the coming days. Percent R is at 99.59%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
