Insulet Corporation’s recent filing unveils that its EVP, CPXPO Benjamin Eric unloaded Company’s shares for reported $3.47 million on Jan 21 ’25. In the deal valued at $280.00 per share,12,394 shares were sold. As a result of this transaction, Benjamin Eric now holds 11,383 shares worth roughly $3.22 million.
Then, Benjamin Eric bought 12,394 shares, generating $3,470,320 in total proceeds.
Before that, Benjamin Eric sold 4,362 shares. Insulet Corporation shares valued at $1,167,271 were divested by the EVP, CPXPO at a price of $267.60 per share. As a result of the transaction, Benjamin Eric now holds 18,702 shares, worth roughly $5.29 million.
Bernstein initiated its Insulet Corporation [PODD] rating to an Outperform in a research note published on November 06, 2024; the price target was $300. A number of analysts have revised their coverage, including Redburn Atlantic’s analysts, who began to cover the stock in late May with a ‘”a Buy”‘ rating. Wolfe Research also remained covering PODD and has increased its forecast on May 07, 2024 with a “an Outperform” recommendation from previously “Peer perform” rating. Robert W. Baird revised its rating on December 21, 2023. It rated PODD as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of PODD
On Friday, Insulet Corporation [NASDAQ:PODD] saw its stock fall -1.90% to $282.80. Over the last five days, the stock has gained 0.24%. Insulet Corporation shares have risen nearly 8.32% since the year began. Nevertheless, the stocks have risen 47.13% over the past one year. While a 52-week high of $289.46 was reached on 02/07/25, a 52-week low of $160.19 was recorded on 01/02/25. SMA at 50 days reached $273.04, while 200 days put it at $228.91.
Levels Of Support And Resistance For PODD Stock
The 24-hour chart illustrates a support level at 276.22, which if violated will result in even more drops to 269.65. On the upside, there is a resistance level at 288.02. A further resistance level may holdings at 293.24. The Relative Strength Index (RSI) on the 14-day chart is 54.94, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.06, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 34.22%. Stochastics %K at 76.69% indicates the stock is a holding.
