The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Medpace Holdings Inc shares valued at $652 were purchased by EWALD STEPHEN P on Feb 27 ’25. At $326.11 per share, EWALD STEPHEN P acquired 2 shares. The insider’s holdings grew to 13,343 shares worth approximately $4.24 million following the completion of this transaction.
Also, Carley Brian T sold 4,003 shares, netting a total of over 1,383,397 in proceeds. Following the sale of shares at $345.59 each, the insider now holds 26,032 shares.
Before that, Carley Brian T had added 4,003 shares to its account. In a trade valued at $1,383,385, the Director bought Medpace Holdings Inc shares for $345.59 each.
As published in a research note from Robert W. Baird on October 23, 2024, Medpace Holdings Inc [MEDP] has been rated down from an Outperform to a Neutral and the price target has been revised to $349 from $413. Analysts at Redburn Atlantic started covering the stock with ‘”a Buy”‘ outlook in a report released in mid October. As of September 27, 2024, UBS has decreased its “Buy” rating to a “Neutral” for MEDP. Earlier on September 25, 2024, Jefferies downgraded its rating. Their new recommendation was “a Hold” for MEDP stock which previously was a “a Buy”.
Analyzing MEDP Stock Performance
During the last five days, there has been a drop of approximately -2.39%. Over the course of the year, Medpace Holdings Inc shares have dropped approximately -4.30%. Shares of the company reached a 52-week high of $375.00 on 02/06/25 and a 52-week low of $316.80 on 03/04/25. A 50-day SMA is recorded $339.93, while a 200-day SMA reached $359.70.
Support And Resistance Levels for Medpace Holdings Inc (MEDP)
According to the 24-hour chart, there is a support level at 315.26, which, if violated, would cause prices to drop to 312.60. In the upper region, resistance lies at 323.25. The next price resistance is at 328.58. RSI (Relative Strength Index) is 38.56 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -6.74, which suggests the price will decrease in the coming days. Percent R is at 96.36%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
