Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Quest Diagnostics, Inc shares valued at $103,278 were purchased by PREVOZNIK MICHAEL E on Feb 20 ’25. At $170.99 per share, PREVOZNIK MICHAEL E acquired 604 shares.
Also, Doherty Catherine T. purchased 899 shares, netting a total of over 153,720 in proceeds.
Before that, Gregg Vicky B had sold 1,250 shares from its account. In a trade valued at $205,710, the Director traded Quest Diagnostics, Inc shares for $164.57 each. Upon closing the transaction, the insider’s holdings decreased to 1,250 shares, worth approximately $2.9 million.
As published in a research note from Leerink Partners on January 06, 2025, Quest Diagnostics, Inc [DGX] has been rated up from a Market perform to an Outperform and the price target has been revised to $174 from $169. Analysts at Morgan Stanley upgraded the stock from ‘”an Equal-weight”‘ to ‘”an Overweight”‘ outlook in a report released in mid December. Earlier on October 23, 2024, Robert W. Baird upgraded its rating. Their new recommendation was “an Outperform” for DGX stock which previously was a “a Neutral”.
Analyzing DGX Stock Performance
During the last five days, there has been a surge of approximately 4.74%. Over the course of the year, Quest Diagnostics, Inc shares have jumped approximately 14.11%. Shares of the company reached a 52-week high of $172.64 on 02/19/25 and a 52-week low of $148.70 on 01/16/25. A 50-day SMA is recorded $157.36, while a 200-day SMA reached $151.06. Nevertheless, trading volume fell to 1.15 million shares from 1.45 million shares the previous day.
Support And Resistance Levels for Quest Diagnostics, Inc (DGX)
According to the 24-hour chart, there is a support level at 170.90, which, if violated, would cause prices to drop to 169.67. In the upper region, resistance lies at 172.94. The next price resistance is at 173.74. RSI (Relative Strength Index) is 70.63 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 5.00, which suggests the price will increase in the coming days. Percent R is at 3.96%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
