Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Boston Scientific Corp shares valued at $750,465 were sold by Woodworth Emily on Mar 03 ’25. At $104.97 per share, Woodworth Emily sold 7,149 shares. The insider’s holdings dropped to 914 shares worth approximately $88127.88 following the completion of this transaction.
Also, Woodworth Emily sold 482 shares, netting a total of over 50,432 in proceeds. Following the sale of shares at $104.63 each, the insider now holds 432 shares.
Before that, Woodworth Emily had sold 9,887 shares from its account. In a trade valued at $999,872, the SVP, Global Controller and CAO traded Boston Scientific Corp shares for $101.13 each. Upon closing the transaction, the insider’s holdings decreased to 9,887 shares, worth approximately $0.16 million.
As published in a research note from Deutsche Bank on January 10, 2025, Boston Scientific Corp [BSX] has been rated up from a Hold to a Buy and the price target has been revised to $108. Analysts at Needham downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in mid October. As of May 30, 2024, Goldman has initiated its “Buy” rating for BSX. Earlier on February 01, 2024, Mizuho upgraded its rating. Their new recommendation was “a Buy” for BSX stock which previously was a “a Neutral”.
Analyzing BSX Stock Performance
During the last five days, there has been a drop of approximately -7.92%. Over the course of the year, Boston Scientific Corp shares have jumped approximately 7.95%. Shares of the company reached a 52-week high of $107.17 on 02/05/25 and a 52-week low of $88.81 on 01/02/25. A 50-day SMA is recorded $100.17, while a 200-day SMA reached $86.64.
Support And Resistance Levels for Boston Scientific Corp (BSX)
According to the 24-hour chart, there is a support level at 95.43, which, if violated, would cause prices to drop to 94.44. In the upper region, resistance lies at 97.99. The next price resistance is at 99.55. RSI (Relative Strength Index) is 37.78 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -5.71, which suggests the price will decrease in the coming days. Percent R is at 74.68%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
