Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Ocular Therapeutix Inc shares valued at $86,839 were sold by Notman Donald on Feb 04 ’25. At $7.81 per share, Notman Donald sold 11,119 shares. The insider’s holdings dropped to 193,444 shares worth approximately $1.43 million following the completion of this transaction.
Also, Notman Donald sold 6,301 shares, netting a total of over 49,400 in proceeds. Following the sale of shares at $7.84 each, the insider now holds 204,563 shares.
Before that, DONALD D NOTMAN JR. had added 11,119 shares to its account. In a trade valued at $86,809, the Officer bought Ocular Therapeutix Inc shares for $7.81 each.
As published in their initiating research note from Scotiabank on October 16, 2024, Ocular Therapeutix Inc [OCUL] has been a Sector outperform. Analysts at TD Cowen upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in mid June. Earlier on February 09, 2024, BofA Securities initiated its rating. Their recommendation was “a Buy” for OCUL stock.
Analyzing OCUL Stock Performance
During the last five days, there has been a drop of approximately -0.81%. Over the course of the year, Ocular Therapeutix Inc shares have dropped approximately -13.58%. Shares of the company reached a 52-week high of $9.22 on 01/07/25 and a 52-week low of $7.14 on 02/18/25. A 50-day SMA is recorded $8.26, while a 200-day SMA reached $8.20. Nevertheless, trading volume fell to 0.59 million shares from 0.98 million shares the previous day.
Support And Resistance Levels for Ocular Therapeutix Inc (OCUL)
According to the 24-hour chart, there is a support level at 7.23, which, if violated, would cause prices to drop to 7.09. In the upper region, resistance lies at 7.46. The next price resistance is at 7.54. RSI (Relative Strength Index) is 38.70 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.27, which suggests the price will decrease in the coming days. Percent R is at 79.49%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
