Azenta Inc’s recent filing unveils that its VP, Chief Accounting Officer Hughes Violetta unloaded Company’s shares for reported $16791.0 on Feb 03 ’25. In the deal valued at $52.97 per share,317 shares were sold. As a result of this transaction, Hughes Violetta now holds 9,603 shares worth roughly $ 0.44 million.
Then, Zhou Ginger bought 417 shares, generating $19,132 in total proceeds. Upon buying the shares at $45.88, the SVP and General Manager, Genom now owns 27,916 shares.
Before that, Pirogova Olga sold 548 shares. Azenta Inc shares valued at $21,958 were divested by the SVP and CHRO at a price of $40.07 per share. As a result of the transaction, Pirogova Olga now holds 19,373 shares, worth roughly $0.88 million.
Stephens upgraded its Azenta Inc [AZTA] rating to an Overweight from a an Equal-weight in a research note published on December 18, 2024; the price target was increased to $60 from $50. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in early April with a ‘”a Hold”‘ rating. B. Riley Securities also remained covering AZTA and reiterated its “Buy” recommendation on February 01, 2024. Raymond James started covering the stock on July 19, 2023. It rated AZTA as “a Mkt perform”.
Price Performance Review of AZTA
On Friday, Azenta Inc [NASDAQ:AZTA] saw its stock jump 0.68% to $45.41. Over the last five days, the stock has lost -13.21%. Azenta Inc shares have fallen nearly -9.18% since the year began. Nevertheless, the stocks have fallen -28.87% over the past one year. While a 52-week high of $67.77 was reached on 02/06/25, a 52-week low of $38.82 was recorded on 02/12/25. SMA at 50 days reached $50.15, while 200 days put it at $50.07.
Levels Of Support And Resistance For AZTA Stock
The 24-hour chart illustrates a support level at 45.02, which if violated will result in even more drops to 44.64. On the upside, there is a resistance level at 46.05. A further resistance level may holdings at 46.70. The Relative Strength Index (RSI) on the 14-day chart is 30.28, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.36, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.85%. Stochastics %K at 7.98% indicates the stock is a buying.
How much short interest is there in Azenta Inc?
A steep rise in short interest was recorded in Azenta Inc stocks on 2025-01-31, dropping by 41700.0 shares to a total of 4.11 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 4.15 million shares. There was a decline of -1.01%, which implies that there is a negative sentiment for the stock.
