Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Hologic, Inc shares valued at $1,897,482 were sold by Mitchell Essex D on Dec 04 ’24. At $76.34 per share, Mitchell Essex D sold 24,856 shares. The insider’s holdings dropped to 27,957 shares worth approximately $1.8 million following the completion of this transaction.
Also, Mitchell Essex D purchased 24,856 shares, netting a total of over 1,897,484 in proceeds.
Before that, Oberton Karleen Marie had sold 52,679 shares from its account. In a trade valued at $4,243,662, the Chief Financial Officer traded Hologic, Inc shares for $80.56 each. Upon closing the transaction, the insider’s holdings decreased to 52,679 shares, worth approximately $5.41 million.
As published in a research note from Leerink Partners on February 06, 2025, Hologic, Inc [HOLX] has been rated down from an Outperform to a Market perform and the price target has been revised to $75 from $80. Analysts at Needham downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early February. As of December 13, 2024, Wolfe Research has initiated its “Peer perform” rating for HOLX. Earlier on December 10, 2024, Needham resumed its rating. Their recommendation was “a Buy” for HOLX stock.
Analyzing HOLX Stock Performance
During the last five days, there has been a surge of approximately 1.24%. Over the course of the year, Hologic, Inc shares have dropped approximately -10.78%. Shares of the company reached a 52-week high of $74.50 on 01/06/25 and a 52-week low of $62.69 on 02/18/25. A 50-day SMA is recorded $70.65, while a 200-day SMA reached $76.45. Nevertheless, trading volume fell to 1.95 million shares from 1.82 million shares the previous day.
Support And Resistance Levels for Hologic, Inc (HOLX)
According to the 24-hour chart, there is a support level at 63.92, which, if violated, would cause prices to drop to 63.52. In the upper region, resistance lies at 64.95. The next price resistance is at 65.58. RSI (Relative Strength Index) is 33.15 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.34, which suggests the price will decrease in the coming days. Percent R is at 84.34%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
