Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Option Care Health Inc shares valued at $1,030,843 were sold by Bavaro Michael on Feb 28 ’25. At $33.26 per share, Bavaro Michael sold 30,996 shares. The insider’s holdings dropped to 44,974 shares worth approximately $1.56 million following the completion of this transaction.
Also, Bavaro Michael purchased 30,996 shares, netting a total of over 1,029,900 in proceeds.
Before that, KRAEMER HARRY M JANSEN JR had added 43,000 shares to its account. In a trade valued at $969,031, the Director bought Option Care Health Inc shares for $22.54 each. Upon closing the transaction, the insider’s holdings increased to 43,000 shares, worth approximately $11.29 million.
As published in a research note from Jefferies on January 23, 2025, Option Care Health Inc [OPCH] has been rated up from a Hold to a Buy and the price target has been revised to $35 from $26. Analysts at BofA Securities upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid January. As of December 05, 2024, UBS has initiated its “Neutral” rating for OPCH. Earlier on November 04, 2024, Goldman downgraded its rating. Their new recommendation was “a Neutral” for OPCH stock which previously was a “a Buy”.
Analyzing OPCH Stock Performance
During the last five days, there has been a surge of approximately 4.37%. Over the course of the year, Option Care Health Inc shares have jumped approximately 49.14%. Shares of the company reached a 52-week high of $34.85 on 03/05/25 and a 52-week low of $22.62 on 01/03/25. A 50-day SMA is recorded $29.05, while a 200-day SMA reached $28.58.
Support And Resistance Levels for Option Care Health Inc (OPCH)
According to the 24-hour chart, there is a support level at 34.13, which, if violated, would cause prices to drop to 33.65. In the upper region, resistance lies at 34.96. The next price resistance is at 35.32. RSI (Relative Strength Index) is 81.26 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.42, which suggests the price will increase in the coming days. Percent R is at 6.49%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
