Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. 10x Genomics Inc shares valued at $84,393 were sold by Saxonov Serge on Feb 28 ’25. At $10.63 per share, Saxonov Serge sold 7,942 shares. The insider’s holdings dropped to 871,540 shares worth approximately $9.46 million following the completion of this transaction.
Also, Serge Saxonov purchased 7,942 shares, netting a total of over 83,947 in proceeds.
Before that, Hindson Benjamin J. had sold 4,573 shares from its account. In a trade valued at $50,603, the insider traded 10x Genomics Inc shares for $11.07 each. Upon closing the transaction, the insider’s holdings decreased to 4,573 shares, worth approximately $3.64 million.
As published in a research note from Leerink Partners on February 13, 2025, 10x Genomics Inc [TXG] has been rated down from an Outperform to a Market perform and the price target has been revised to $12 from $25. Analysts at Leerink Partners started covering the stock with ‘”an Outperform”‘ outlook in a report released in early September. As of July 22, 2024, Jefferies has increased its “Hold” rating to a “Buy” for TXG. Earlier on July 18, 2024, JP Morgan downgraded its rating. Their new recommendation was “a Neutral” for TXG stock which previously was a “an Overweight”.
Analyzing TXG Stock Performance
During the last five days, there has been a drop of approximately -0.73%. Over the course of the year, 10x Genomics Inc shares have dropped approximately -24.44%. Shares of the company reached a 52-week high of $17.25 on 01/13/25 and a 52-week low of $9.27 on 03/04/25. A 50-day SMA is recorded $13.41, while a 200-day SMA reached $17.44.
Support And Resistance Levels for 10x Genomics Inc (TXG)
According to the 24-hour chart, there is a support level at 10.59, which, if violated, would cause prices to drop to 10.32. In the upper region, resistance lies at 11.05. The next price resistance is at 11.24. RSI (Relative Strength Index) is 40.81 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.19, which suggests the price will decrease in the coming days. Percent R is at 39.81%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
