Edwards Lifesciences Corp’s recently made public that its CVP, Chief Financial Officer Ullem Scott B. unloaded Company’s shares for reported $0.8 million on Feb 28 ’25. In the deal valued at $70.78 per share,11,250 shares were sold. As a result of this transaction, Ullem Scott B. now holds 30,387 shares worth roughly $2.17 million.
Then, LORANGER STEVEN R sold 5,739 shares, generating $438,576 in total proceeds. Upon selling the shares at $76.42, the Director now owns 60,372 shares.
Before that, LORANGER STEVEN R bought 5,739 shares. Edwards Lifesciences Corp shares valued at $438,576 were divested by the Director at a price of $76.42 per share.
Stifel upgraded its Edwards Lifesciences Corp [EW] rating to a Buy from a a Hold in a research note published on January 30, 2025; the price target was increased to $90 from $75. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who decreased its forecast for the stock in mid January from “a Peer perform” to “an Underperform”. BofA Securities also remained covering EW and has increased its forecast on December 16, 2024 with a “Buy” recommendation from previously “Neutral” rating.
Price Performance Review of EW
On Tuesday, Edwards Lifesciences Corp [NYSE:EW] saw its stock fall -0.01% to $71.38. Over the last five days, the stock has lost -0.10%. Edwards Lifesciences Corp shares have fallen nearly -3.58% since the year began. Nevertheless, the stocks have fallen -15.89% over the past one year. While a 52-week high of $96.12 was reached on 02/14/25, a 52-week low of $58.93 was recorded on 01/22/25. SMA at 50 days reached $72.54, while 200 days put it at $74.18.
Levels Of Support And Resistance For EW Stock
The 24-hour chart illustrates a support level at 70.27, which if violated will result in even more drops to 69.16. On the upside, there is a resistance level at 72.09. A further resistance level may holdings at 72.80. The Relative Strength Index (RSI) on the 14-day chart is 44.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.99, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.99%. Stochastics %K at 21.32% indicates the stock is a holding.
