Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Myriad Genetics, Inc shares valued at $343,950 were sold by DIAZ PAUL J on Oct 11 ’24. At $22.93 per share, DIAZ PAUL J sold 15,000 shares. The insider’s holdings dropped to 962,378 shares worth approximately $10.12 million following the completion of this transaction.
Also, DIAZ PAUL J purchased 15,000 shares, netting a total of over 343,950 in proceeds.
Before that, Ancona Margaret had added 11,538 shares to its account. In a trade valued at $321,019, the Officer bought Myriad Genetics, Inc shares for $27.82 each.
As published in their initiating research note from Craig Hallum on February 12, 2025, Myriad Genetics, Inc [MYGN] has been a Buy and the price target has been revised to $29. Analysts at UBS started covering the stock with ‘”a Neutral”‘ outlook in a report released in early December. As of December 09, 2024, Leerink Partners has decreased its “an Outperform” rating to a “Market perform” for MYGN. Earlier on September 19, 2024, Morgan Stanley initiated its rating. Their recommendation was “an Equal-weight” for MYGN stock.
Analyzing MYGN Stock Performance
During the last five days, there has been a drop of approximately -4.88%. Over the course of the year, Myriad Genetics, Inc shares have dropped approximately -23.27%. Shares of the company reached a 52-week high of $15.47 on 02/19/25 and a 52-week low of $9.76 on 02/25/25. A 50-day SMA is recorded $12.99, while a 200-day SMA reached $20.75.
Support And Resistance Levels for Myriad Genetics, Inc (MYGN)
According to the 24-hour chart, there is a support level at 10.25, which, if violated, would cause prices to drop to 9.99. In the upper region, resistance lies at 10.73. The next price resistance is at 10.95. RSI (Relative Strength Index) is 30.87 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.98, which suggests the price will decrease in the coming days. Percent R is at 86.69%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
