Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Azenta Inc shares valued at $16,791 were sold by Hughes Violetta on Feb 03 ’25. At $52.97 per share, Hughes Violetta sold 317 shares. The insider’s holdings dropped to 9,603 shares worth approximately $0.44 million following the completion of this transaction.
Also, Zhou Ginger purchased 417 shares, netting a total of over 19,132 in proceeds. Following the buying of shares at $45.88 each, the insider now holds 27,916 shares.
Before that, Pirogova Olga had sold 548 shares from its account. In a trade valued at $21,958, the SVP and CHRO traded Azenta Inc shares for $40.07 each. Upon closing the transaction, the insider’s holdings decreased to 548 shares, worth approximately $0.88 million.
As published in a research note from Stephens on December 18, 2024, Azenta Inc [AZTA] has been rated up from an Equal-weight to an Overweight and the price target has been revised to $60 from $50. Analysts at Jefferies started covering the stock with ‘”a Hold”‘ outlook in a report released in early April. As of February 01, 2024, B. Riley Securities has reiterated its “Buy” rating for AZTA. Earlier on July 19, 2023, Raymond James initiated its rating. Their recommendation was “a Mkt perform” for AZTA stock.
Analyzing AZTA Stock Performance
During the last five days, there has been a drop of approximately -0.96%. Over the course of the year, Azenta Inc shares have dropped approximately -9.16%. Shares of the company reached a 52-week high of $55.63 on 02/06/25 and a 52-week low of $43.93 on 02/18/25. A 50-day SMA is recorded $50.07, while a 200-day SMA reached $49.99. Nevertheless, trading volume fell to 0.59 million shares from 0.58 million shares the previous day.
Support And Resistance Levels for Azenta Inc (AZTA)
According to the 24-hour chart, there is a support level at 44.39, which, if violated, would cause prices to drop to 43.36. In the upper region, resistance lies at 46.16. The next price resistance is at 46.90. RSI (Relative Strength Index) is 33.46 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -4.29, which suggests the price will decrease in the coming days. Percent R is at 87.25%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
