Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Omnicell, Inc shares valued at $567,638 were sold by PARRISH MARK W on Dec 10 ’24. At $47.30 per share, PARRISH MARK W sold 12,000 shares. The insider’s holdings dropped to 58,427 shares worth approximately $1.89 million following the completion of this transaction.
Also, PARRISH MARK W purchased 12,000 shares, netting a total of over 552,000 in proceeds.
As published in a research note from BofA Securities on October 31, 2024, Omnicell, Inc [OMCL] has been rated down from a Buy to a Neutral and the price target has been revised to $57 from $44. Analysts at Barclays upgraded the stock from ‘”an Underweight”‘ to ‘”an Equal weight”‘ outlook in a report released in early August. As of January 03, 2024, Barclays has initiated its “an Underweight” rating for OMCL. Earlier on November 03, 2023, Wells Fargo upgraded its rating. Their new recommendation was “an Equal weight” for OMCL stock which previously was a “an Underweight”.
Analyzing OMCL Stock Performance
During the last five days, there has been a drop of approximately -13.32%. Over the course of the year, Omnicell, Inc shares have dropped approximately -27.49%. Shares of the company reached a 52-week high of $47.69 on 02/06/25 and a 52-week low of $32.23 on 03/13/25. A 50-day SMA is recorded $41.09, while a 200-day SMA reached $39.78.
Support And Resistance Levels for Omnicell, Inc (OMCL)
According to the 24-hour chart, there is a support level at 31.85, which, if violated, would cause prices to drop to 31.42. In the upper region, resistance lies at 33.09. The next price resistance is at 33.90. RSI (Relative Strength Index) is 18.15 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.37, which suggests the price will decrease in the coming days. Percent R is at 99.39%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
