Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Medpace Holdings Inc shares valued at $1,383,397 were sold by Carley Brian T on Feb 24 ’25. At $345.59 per share, Carley Brian T sold 4,003 shares. The insider’s holdings dropped to 26,032 shares worth approximately $8.49 million following the completion of this transaction.
Also, Carley Brian T purchased 4,003 shares, netting a total of over 1,383,385 in proceeds.
Before that, Kraft Robert O. had sold 4,353 shares from its account. In a trade valued at $1,700,848, the Director traded Medpace Holdings Inc shares for $390.73 each. Upon closing the transaction, the insider’s holdings decreased to 4,353 shares, worth approximately $0.17 million.
As published in a research note from Robert W. Baird on October 23, 2024, Medpace Holdings Inc [MEDP] has been rated down from an Outperform to a Neutral and the price target has been revised to $349 from $413. Analysts at Redburn Atlantic started covering the stock with ‘”a Buy”‘ outlook in a report released in mid October. As of September 27, 2024, UBS has decreased its “Buy” rating to a “Neutral” for MEDP. Earlier on September 25, 2024, Jefferies downgraded its rating. Their new recommendation was “a Hold” for MEDP stock which previously was a “a Buy”.
Analyzing MEDP Stock Performance
During the last five days, there has been a drop of approximately -5.43%. Over the course of the year, Medpace Holdings Inc shares have dropped approximately -1.84%. Shares of the company reached a 52-week high of $375.00 on 02/06/25 and a 52-week low of $321.92 on 02/11/25. A 50-day SMA is recorded $342.91, while a 200-day SMA reached $363.11.
Support And Resistance Levels for Medpace Holdings Inc (MEDP)
According to the 24-hour chart, there is a support level at 321.10, which, if violated, would cause prices to drop to 316.10. In the upper region, resistance lies at 335.54. The next price resistance is at 344.98. RSI (Relative Strength Index) is 38.37 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -5.65, which suggests the price will decrease in the coming days. Percent R is at 90.87%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
