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BSX (Boston Scientific Corp) may reap gains as insiders became active recently

Boston Scientific Corp’s filing revealed that its SVP, Global Controller and CAO Woodworth Emily unloaded Company’s shares for reported $0.75 million on Mar 03 ’25. In the deal valued at $104.97 per share,7,149 shares were sold. As a result of this transaction, Woodworth Emily now holds 914 shares worth roughly $90604.81999999999.

Then, Woodworth Emily sold 482 shares, generating $50,432 in total proceeds. Upon selling the shares at $104.63, the SVP, Global Controller and CAO now owns 432 shares.

Before that, Woodworth Emily sold 9,887 shares. Boston Scientific Corp shares valued at $999,872 were divested by the SVP, Global Controller and CAO at a price of $101.13 per share. As a result of the transaction, Woodworth Emily now holds 1,632 shares, worth roughly $0.16 million.

Deutsche Bank upgraded its Boston Scientific Corp [BSX] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Needham’s analysts, who decreased its forecast for the stock in mid October from “a Buy” to “a Hold”. Goldman began covering BSX with “Buy” recommendation on May 30, 2024. Mizuho revised its rating on February 01, 2024. It rated BSX as “a Buy” which previously was an “a Neutral”.

Price Performance Review of BSX

On Friday, Boston Scientific Corp [NYSE:BSX] saw its stock fall -1.66% to $99.13. Over the last five days, the stock has lost -4.49%. Boston Scientific Corp shares have risen nearly 10.98% since the year began. Nevertheless, the stocks have risen 47.91% over the past one year. While a 52-week high of $107.17 was reached on 02/05/25, a 52-week low of $65.52 was recorded on 01/02/25. SMA at 50 days reached $99.90, while 200 days put it at $86.34.

Levels Of Support And Resistance For BSX Stock

The 24-hour chart illustrates a support level at 97.24, which if violated will result in even more drops to 95.36. On the upside, there is a resistance level at 100.81. A further resistance level may holdings at 102.50. The Relative Strength Index (RSI) on the 14-day chart is 39.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.69, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 75.92%. Stochastics %K at 47.29% indicates the stock is a holding.

The most recent change occurred on July 19, 2023 when Robert W. Baird began covering the stock and recommended ‘”an Outperform”‘ rating along with a $59 price target.

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