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A company insider recently bought 1,363,636 shares of Gilead Sciences, Inc [GILD]. Should You Buy?

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Gilead Sciences, Inc shares valued at $14,999,996 were purchased by GILEAD SCIENCES, INC. on Feb 18 ’25. At $11.00 per share, GILEAD SCIENCES, INC. acquired 1,363,636 shares. The insider’s holdings grew to 31,424,760 shares worth approximately $3.46 billion following the completion of this transaction.

Also, Dickinson Andrew D sold 2,500 shares, netting a total of over 260,225 in proceeds. Following the sale of shares at $104.09 each, the insider now holds 169,061 shares.

Before that, ANDREW DICKINSON had added 2,500 shares to its account. In a trade valued at $260,225, the Officer bought Gilead Sciences, Inc shares for $104.09 each.

As published in a research note from Deutsche Bank on February 18, 2025, Gilead Sciences, Inc [GILD] has been rated up from a Hold to a Buy and the price target has been revised to $120. Analysts at DZ Bank upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in mid February. As of January 10, 2025, Morgan Stanley has increased its “an Equal-weight” rating to a “an Overweight” for GILD.

Analyzing GILD Stock Performance

During the last five days, there has been a surge of approximately 6.50%. Over the course of the year, Gilead Sciences, Inc shares have jumped approximately 19.12%. Shares of the company reached a 52-week high of $110.11 on 02/20/25 and a 52-week low of $88.57 on 01/10/25. A 50-day SMA is recorded $94.82, while a 200-day SMA reached $81.96. Nevertheless, trading volume fell to 7.68 million shares from 6.38 million shares the previous day.

Support And Resistance Levels for Gilead Sciences, Inc (GILD)

According to the 24-hour chart, there is a support level at 108.27, which, if violated, would cause prices to drop to 106.51. In the upper region, resistance lies at 110.95. The next price resistance is at 111.87. RSI (Relative Strength Index) is 76.10 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 6.56, which suggests the price will increase in the coming days. Percent R is at 0.51%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.

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