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. Neogenomics Inc shares valued at $79,475 were sold by Olivo Alicia C on Nov 15 ’24. At $15.36 per share, Olivo Alicia C sold 5,175 shares. The insider’s holdings dropped to 37,129 shares worth approximately $0.47 million following the completion of this transaction.
Also, ALICIA OLIVO purchased 5,175 shares, netting a total of over 81,713 in proceeds.
Before that, Olivo Alicia C had sold 1,040 shares from its account. In a trade valued at $16,695, the General Counsel traded Neogenomics Inc shares for $16.05 each. Upon closing the transaction, the insider’s holdings decreased to 1,040 shares, worth approximately $0.56 million.
As published in a research note from The Benchmark Company on January 13, 2025, Neogenomics Inc [NEO] has been rated down from a Buy to a Hold. Analysts at Jefferies started covering the stock with ‘”a Buy”‘ outlook in a report released in early December. Earlier on December 29, 2023, BTIG Research resumed its rating. Their recommendation was “a Buy” for NEO stock.
Analyzing NEO Stock Performance
During the last five days, there has been a drop of approximately -5.64%. Over the course of the year, Neogenomics Inc shares have dropped approximately -22.82%. Shares of the company reached a 52-week high of $19.11 on 01/08/25 and a 52-week low of $10.69 on 02/18/25. A 50-day SMA is recorded $15.57, while a 200-day SMA reached $15.13. Nevertheless, trading volume fell to 1.98 million shares from 4.49 million shares the previous day.
Support And Resistance Levels for Neogenomics Inc (NEO)
According to the 24-hour chart, there is a support level at 11.96, which, if violated, would cause prices to drop to 11.21. In the upper region, resistance lies at 13.30. The next price resistance is at 13.89. RSI (Relative Strength Index) is 37.25 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.55, which suggests the price will decrease in the coming days. Percent R is at 55.58%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
