Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Stryker Corp shares valued at $941,586 were sold by Golston Allan C. on Feb 18 ’25. At $383.07 per share, Golston Allan C. sold 2,458 shares. The insider’s holdings dropped to 14,895 shares worth approximately $5.79 million following the completion of this transaction.
Also, Allan Golston purchased 2,458 shares, netting a total of over 941,000 in proceeds.
Before that, STRYKER RONDA E had sold 201,392 shares from its account. In a trade valued at $78,993,068, the Director traded Stryker Corp shares for $392.24 each. Upon closing the transaction, the insider’s holdings decreased to 201,392 shares, worth approximately $1.42 billion.
Analysts at Morgan Stanley upgraded the stock from ‘”an Equal-weight”‘ to ‘”an Overweight”‘ outlook in a report released in early December. As of September 10, 2024, Wolfe Research has initiated its “an Outperform” rating for SYK. Earlier on May 30, 2024, Goldman initiated its rating. Their recommendation was “a Neutral” for SYK stock.
Analyzing SYK Stock Performance
During the last five days, there has been a surge of approximately 0.64%. Over the course of the year, Stryker Corp shares have jumped approximately 8.01%. Shares of the company reached a 52-week high of $406.19 on 01/28/25 and a 52-week low of $351.85 on 01/07/25. A 50-day SMA is recorded $379.52, while a 200-day SMA reached $359.61.
Support And Resistance Levels for Stryker Corp (SYK)
According to the 24-hour chart, there is a support level at 386.99, which, if violated, would cause prices to drop to 385.09. In the upper region, resistance lies at 392.32. The next price resistance is at 395.75. RSI (Relative Strength Index) is 52.42 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.04, which suggests the price will increase in the coming days. Percent R is at 46.61%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
