Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Glaukos Corporation shares valued at $2,497,263 were purchased by Foley Mark J on Feb 26 ’25. At $120.72 per share, Foley Mark J acquired 20,687 shares.
Also, Navratil Tomas sold 3,416 shares, netting a total of over 502,630 in proceeds. Following the sale of shares at $147.14 each, the insider now holds 72,437 shares.
Before that, Navratil Tomas had added 3,416 shares to its account. In a trade valued at $502,630, the Officer bought Glaukos Corporation shares for $147.14 each.
As published in a research note from Mizuho on February 19, 2025, Glaukos Corporation [GKOS] has been rated up from a Neutral to an Outperform and the price target has been revised to $200 from $140. Analysts at Citigroup upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid December. As of December 06, 2024, UBS has initiated its “Buy” rating for GKOS. Earlier on December 02, 2024, Morgan Stanley downgraded its rating. Their new recommendation was “an Underweight” for GKOS stock which previously was a “an Equal-weight”.
Analyzing GKOS Stock Performance
During the last five days, there has been a drop of approximately -24.80%. Over the course of the year, Glaukos Corporation shares have dropped approximately -21.08%. Shares of the company reached a 52-week high of $163.71 on 01/23/25 and a 52-week low of $116.21 on 02/25/25. A 50-day SMA is recorded $149.75, while a 200-day SMA reached $131.52. Nevertheless, trading volume fell to 0.52 million shares from 0.95 million shares the previous day.
Support And Resistance Levels for Glaukos Corporation (GKOS)
According to the 24-hour chart, there is a support level at 116.97, which, if violated, would cause prices to drop to 115.61. In the upper region, resistance lies at 121.02. The next price resistance is at 123.72. RSI (Relative Strength Index) is 26.44 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -21.08, which suggests the price will decrease in the coming days. Percent R is at 95.34%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
