The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Dexcom Inc shares valued at $181,650 were sold by Sylvain Jereme M on Jan 29 ’25. At $86.91 per share, Sylvain Jereme M sold 2,090 shares. The insider’s holdings dropped to 83,526 shares worth approximately $7.33 million following the completion of this transaction.
Also, Dolan Matthew Vincent sold 1,183 shares, netting a total of over 102,820 in proceeds. Following the sale of shares at $86.91 each, the insider now holds 42,044 shares.
Before that, Stern Sadie had sold 2,093 shares from its account. In a trade valued at $181,911, the EVP, Chief HR Officer traded Dexcom Inc shares for $86.91 each. Upon closing the transaction, the insider’s holdings decreased to 2,093 shares, worth approximately $6.52 million.
As published in a research note from Redburn Atlantic on February 03, 2025, Dexcom Inc [DXCM] has been rated up from a Neutral to a Buy and the price target has been revised to $115 from $85. Analysts at Robert W. Baird upgraded the stock from ‘”a Neutral”‘ to ‘”an Outperform”‘ outlook in a report released in mid January. As of July 26, 2024, Robert W. Baird has decreased its “an Outperform” rating to a “Neutral” for DXCM. Earlier on July 26, 2024, JP Morgan downgraded its rating. Their new recommendation was “a Neutral” for DXCM stock which previously was a “an Overweight”.
Analyzing DXCM Stock Performance
During the last five days, there has been a drop of approximately -1.71%. Over the course of the year, Dexcom Inc shares have jumped approximately 12.91%. Shares of the company reached a 52-week high of $93.25 on 02/18/25 and a 52-week low of $73.62 on 01/13/25. A 50-day SMA is recorded $83.95, while a 200-day SMA reached $86.75.
Support And Resistance Levels for Dexcom Inc (DXCM)
According to the 24-hour chart, there is a support level at 87.03, which, if violated, would cause prices to drop to 86.24. In the upper region, resistance lies at 89.30. The next price resistance is at 90.78. RSI (Relative Strength Index) is 52.04 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.47, which suggests the price will decrease in the coming days. Percent R is at 54.13%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
