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. Oscar Health Inc shares valued at $532,849 were purchased by STEVEN WOLIN on Feb 10 ’25. At $14.79 per share, STEVEN WOLIN acquired 36,034 shares.
Also, Quane Alessandrea C. sold 16,793 shares, netting a total of over 271,293 in proceeds. Following the sale of shares at $16.16 each, the insider now holds 430,216 shares.
Before that, Blackley Richard Scott had sold 29,939 shares from its account. In a trade valued at $483,668, the Chief Financial Officer traded Oscar Health Inc shares for $16.16 each. Upon closing the transaction, the insider’s holdings decreased to 29,939 shares, worth approximately $14.62 million.
As published in their initiating research note from Jefferies on December 10, 2024, Oscar Health Inc [OSCR] has been an Underperform and the price target has been revised to $12. Analysts at BofA Securities downgraded the stock from ‘”a Neutral”‘ to ‘”an Underperform”‘ outlook in a report released in early November. As of October 07, 2024, UBS has initiated its “Neutral” rating for OSCR. Earlier on June 26, 2024, Piper Sandler initiated its rating. Their recommendation was “an Overweight” for OSCR stock.
Analyzing OSCR Stock Performance
During the last five days, there has been a surge of approximately 13.32%. Over the course of the year, Oscar Health Inc shares have jumped approximately 18.97%. Shares of the company reached a 52-week high of $17.56 on 01/24/25 and a 52-week low of $12.43 on 02/13/25. A 50-day SMA is recorded $14.88, while a 200-day SMA reached $17.34. Nevertheless, trading volume fell to 8.36 million shares from 13.56 million shares the previous day.
Support And Resistance Levels for Oscar Health Inc (OSCR)
According to the 24-hour chart, there is a support level at 15.49, which, if violated, would cause prices to drop to 14.98. In the upper region, resistance lies at 16.41. The next price resistance is at 16.82. RSI (Relative Strength Index) is 55.63 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.05, which suggests the price will decrease in the coming days. Percent R is at 28.37%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
