Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Surgery Partners Inc shares valued at $1,443,917 were sold by Bane Harrison R. on Feb 07 ’25. At $25.64 per share, Bane Harrison R. sold 56,315 shares. The insider’s holdings dropped to 107,037 shares worth approximately $2.76 million following the completion of this transaction.
Also, Doherty David T sold 13,641 shares, netting a total of over 349,346 in proceeds. Following the sale of shares at $25.61 each, the insider now holds 108,862 shares.
Before that, Brittenham Marissa had sold 14,700 shares from its account. In a trade valued at $376,467, the Chief Strategy Officer traded Surgery Partners Inc shares for $25.61 each. Upon closing the transaction, the insider’s holdings decreased to 14,700 shares, worth approximately $1.3 million.
As published in their initiating research note from BofA Securities on December 16, 2024, Surgery Partners Inc [SGRY] has been a Buy and the price target has been revised to $30. Analysts at UBS started covering the stock with ‘”a Buy”‘ outlook in a report released in mid October. As of October 11, 2024, KeyBanc Capital Markets has initiated its “Sector weight” rating for SGRY. Earlier on June 28, 2024, Macquarie initiated its rating. Their recommendation was “an Outperform” for SGRY stock.
Analyzing SGRY Stock Performance
During the last five days, there has been a surge of approximately 0.27%. Over the course of the year, Surgery Partners Inc shares have jumped approximately 21.97%. Shares of the company reached a 52-week high of $26.16 on 02/14/25 and a 52-week low of $19.78 on 01/14/25. A 50-day SMA is recorded $22.38, while a 200-day SMA reached $26.67. Nevertheless, trading volume fell to 0.63 million shares from 0.58 million shares the previous day.
Support And Resistance Levels for Surgery Partners Inc (SGRY)
According to the 24-hour chart, there is a support level at 25.64, which, if violated, would cause prices to drop to 25.46. In the upper region, resistance lies at 26.03. The next price resistance is at 26.24. RSI (Relative Strength Index) is 66.04 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.17, which suggests the price will decrease in the coming days. Percent R is at 35.42%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
