Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Transmedics Group Inc shares valued at $183,967 were sold by Khayal Tamer I on Mar 03 ’25. At $76.43 per share, Khayal Tamer I sold 2,407 shares. The insider’s holdings dropped to 36,042 shares worth approximately $2.32 million following the completion of this transaction.
Also, Gordon Stephen purchased 5,942 shares, netting a total of over 389,855 in proceeds.
Before that, Khayal Tamer I had sold 1,083 shares from its account. In a trade valued at $86,694, the Chief Commercial Officer traded Transmedics Group Inc shares for $80.05 each. Upon closing the transaction, the insider’s holdings decreased to 1,083 shares, worth approximately $1.34 million.
As published in a research note from JP Morgan on December 17, 2024, Transmedics Group Inc [TMDX] has been rated down from an Overweight to a Neutral and the price target has been revised to $75 from $116. Analysts at Needham downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in late November. As of October 29, 2024, Oppenheimer has reiterated its “an Outperform” rating for TMDX. Earlier on October 29, 2024, Needham resumed its rating. Their recommendation was “a Buy” for TMDX stock.
Analyzing TMDX Stock Performance
During the last five days, there has been a drop of approximately -1.44%. Over the course of the year, Transmedics Group Inc shares have jumped approximately 3.21%. Shares of the company reached a 52-week high of $82.37 on 01/07/25 and a 52-week low of $55.00 on 01/21/25. A 50-day SMA is recorded $68.32, while a 200-day SMA reached $112.49.
Support And Resistance Levels for Transmedics Group Inc (TMDX)
According to the 24-hour chart, there is a support level at 62.03, which, if violated, would cause prices to drop to 59.71. In the upper region, resistance lies at 67.26. The next price resistance is at 70.16. RSI (Relative Strength Index) is 41.92 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.36, which suggests the price will decrease in the coming days. Percent R is at 87.45%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
