Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Teladoc Health Inc shares valued at $4,681 were purchased by Nanis Nikolaos P. on Jan 03 ’25. At $9.33 per share, Nanis Nikolaos P. acquired 502 shares.
Also, Waters Michael Willem purchased 4,652 shares, netting a total of over 47,823 in proceeds.
Before that, Nueno Carlos had sold 2,890 shares from its account. In a trade valued at $32,455, the President, International traded Teladoc Health Inc shares for $11.23 each. Upon closing the transaction, the insider’s holdings decreased to 2,890 shares, worth approximately $0.0.
As published in their initiating research note from Goldman on November 15, 2024, Teladoc Health Inc [TDOC] has been a Buy and the price target has been revised to $14. Analysts at Jefferies resumed the stock at ‘”a Hold”‘ outlook in a report released in mid September. As of February 29, 2024, Cantor Fitzgerald has initiated its “an Overweight” rating for TDOC. Earlier on February 26, 2024, Leerink Partners initiated its rating. Their recommendation was “a Market perform” for TDOC stock.
Analyzing TDOC Stock Performance
During the last five days, there has been a surge of approximately 12.87%. Over the course of the year, Teladoc Health Inc shares have jumped approximately 48.62%. Shares of the company reached a 52-week high of $14.75 on 02/10/25 and a 52-week low of $9.02 on 01/21/25. A 50-day SMA is recorded $10.36, while a 200-day SMA reached $9.72. Nevertheless, trading volume fell to 10.35 million shares from 8.45 million shares the previous day.
Support And Resistance Levels for Teladoc Health Inc (TDOC)
According to the 24-hour chart, there is a support level at 12.82, which, if violated, would cause prices to drop to 12.12. In the upper region, resistance lies at 13.94. The next price resistance is at 14.36. RSI (Relative Strength Index) is 70.19 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.54, which suggests the price will increase in the coming days. Percent R is at 24.65%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
