Staar Surgical Co’s recent filing unveils that its 10% Owner BROADWOOD PARTNERS, L.P. acquired Company’s shares for reported $3.88 million on Feb 12 ’25. In the deal valued at $14.96 per share,259,616 shares were bought. As a result of this transaction, BROADWOOD PARTNERS, L.P. now holds 11,137,623 shares worth roughly $ 170.96 million.
Then, BROADWOOD PARTNERS, L.P. bought 115,282 shares, generating $1,825,514 in total proceeds. Upon buying the shares at $15.84, the 10% Owner now owns 11,252,905 shares.
Before that, BROADWOOD PARTNERS, L.P. bought 36,532 shares. Staar Surgical Co shares valued at $565,998 were divested by the 10% Owner at a price of $15.49 per share. As a result of the transaction, BROADWOOD PARTNERS, L.P. now holds 11,289,437 shares, worth roughly $173.29 million.
William Blair downgraded its Staar Surgical Co [STAA] rating to a Mkt perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Mizuho’s analysts, who decreased its forecast for the stock in mid February from “an Outperform” to “a Neutral”. Jefferies also remained covering STAA and has decreased its forecast on February 12, 2025 with a “Hold” recommendation from previously “Buy” rating. BTIG Research revised its rating on February 12, 2025. It rated STAA as “a Neutral” which previously was an “a Buy”.
Price Performance Review of STAA
On Friday, Staar Surgical Co [NASDAQ:STAA] saw its stock fall -3.82% to $15.35. Over the last five days, the stock has lost -30.07%. Staar Surgical Co shares have fallen nearly -36.81% since the year began. Nevertheless, the stocks have fallen -47.95% over the past one year. While a 52-week high of $52.68 was reached on 01/02/25, a 52-week low of $13.50 was recorded on 02/12/25. SMA at 50 days reached $23.53, while 200 days put it at $33.34.
Levels Of Support And Resistance For STAA Stock
The 24-hour chart illustrates a support level at 14.90, which if violated will result in even more drops to 14.45. On the upside, there is a resistance level at 16.12. A further resistance level may holdings at 16.90. The Relative Strength Index (RSI) on the 14-day chart is 19.79, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.83, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.43%. Stochastics %K at 20.45% indicates the stock is a holding.
How much short interest is there in Staar Surgical Co?
A steep rise in short interest was recorded in Staar Surgical Co stocks on 2025-01-31, growing by 0.41 million shares to a total of 3.94 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 3.54 million shares. There was a rise of 10.37%, which implies that there is a positive sentiment for the stock.
