Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Idexx Laboratories, Inc shares valued at $4,618,862 were sold by FENNELL GEORGE on Feb 10 ’25. At $462.53 per share, FENNELL GEORGE sold 9,986 shares. The insider’s holdings dropped to 8,176 shares worth approximately $3.32 million following the completion of this transaction.
Also, FENNELL GEORGE purchased 9,966 shares, netting a total of over 4,618,863 in proceeds.
Before that, SZOSTAK M ANNE had sold 3,000 shares from its account. In a trade valued at $1,397,835, the Director traded Idexx Laboratories, Inc shares for $465.94 each. Upon closing the transaction, the insider’s holdings decreased to 3,000 shares, worth approximately $1.24 million.
As published in their initiating research note from Leerink Partners on December 02, 2024, Idexx Laboratories, Inc [IDXX] has been an Outperform and the price target has been revised to $500. Analysts at BTIG Research started covering the stock with ‘”a Buy”‘ outlook in a report released in late July. As of January 30, 2024, Piper Sandler has decreased its “an Overweight” rating to a “Neutral” for IDXX. Earlier on December 07, 2023, Exane BNP Paribas initiated its rating. Their recommendation was “an Outperform” for IDXX stock.
Analyzing IDXX Stock Performance
During the last five days, there has been a drop of approximately -5.30%. Over the course of the year, Idexx Laboratories, Inc shares have dropped approximately -1.73%. Shares of the company reached a 52-week high of $474.67 on 02/03/25 and a 52-week low of $404.60 on 03/13/25. A 50-day SMA is recorded $436.81, while a 200-day SMA reached $460.80.
Support And Resistance Levels for Idexx Laboratories, Inc (IDXX)
According to the 24-hour chart, there is a support level at 399.69, which, if violated, would cause prices to drop to 393.08. In the upper region, resistance lies at 417.81. The next price resistance is at 429.32. RSI (Relative Strength Index) is 31.41 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -21.76, which suggests the price will decrease in the coming days. Percent R is at 97.29%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
