Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Boston Scientific Corp shares valued at $487,369 were sold by Mirviss Jeffrey B. on Feb 24 ’25. At $104.25 per share, Mirviss Jeffrey B. sold 4,675 shares. The insider’s holdings dropped to 28,454 shares worth approximately $2.89 million following the completion of this transaction.
Also, Mirviss Jeffrey B. sold 2,688 shares, netting a total of over 279,552 in proceeds. Following the sale of shares at $104.00 each, the insider now holds 25,766 shares.
Before that, JEFFREY B MIRVISS had added 2,688 shares to its account. In a trade valued at $279,552, the Officer bought Boston Scientific Corp shares for $104.00 each.
As published in a research note from Deutsche Bank on January 10, 2025, Boston Scientific Corp [BSX] has been rated up from a Hold to a Buy and the price target has been revised to $108. Analysts at Needham downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in mid October. As of May 30, 2024, Goldman has initiated its “Buy” rating for BSX. Earlier on February 01, 2024, Mizuho upgraded its rating. Their new recommendation was “a Buy” for BSX stock which previously was a “a Neutral”.
Analyzing BSX Stock Performance
During the last five days, there has been a drop of approximately -3.89%. Over the course of the year, Boston Scientific Corp shares have jumped approximately 13.70%. Shares of the company reached a 52-week high of $107.17 on 02/05/25 and a 52-week low of $88.81 on 01/02/25. A 50-day SMA is recorded $98.09, while a 200-day SMA reached $85.34. Nevertheless, trading volume fell to 8.15 million shares from 18.82 million shares the previous day.
Support And Resistance Levels for Boston Scientific Corp (BSX)
According to the 24-hour chart, there is a support level at 100.00, which, if violated, would cause prices to drop to 98.44. In the upper region, resistance lies at 102.97. The next price resistance is at 104.37. RSI (Relative Strength Index) is 45.89 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.63, which suggests the price will decrease in the coming days. Percent R is at 53.50%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
