In a filing, Staar Surgical Co revealed its 10% Owner BROADWOOD PARTNERS, L.P. acquired Company’s shares for reported $0.48 million on Mar 04 ’25. In the deal valued at $17.24 per share,27,953 shares were bought. As a result of this transaction, BROADWOOD PARTNERS, L.P. now holds 11,981,151 shares worth roughly $204.28 million.
Then, BROADWOOD PARTNERS, L.P. bought 259,316 shares, generating $4,420,106 in total proceeds. Upon buying the shares at $17.05, the 10% Owner now owns 11,548,753 shares.
Before that, BROADWOOD PARTNERS, L.P. bought 249,503 shares. Staar Surgical Co shares valued at $4,151,214 were divested by the 10% Owner at a price of $16.64 per share. As a result of the transaction, BROADWOOD PARTNERS, L.P. now holds 11,953,198 shares, worth roughly $203.8 million.
William Blair downgraded its Staar Surgical Co [STAA] rating to a Mkt perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Mizuho’s analysts, who decreased its forecast for the stock in mid February from “an Outperform” to “a Neutral”. Jefferies also remained covering STAA and has decreased its forecast on February 12, 2025 with a “Hold” recommendation from previously “Buy” rating. BTIG Research revised its rating on February 12, 2025. It rated STAA as “a Neutral” which previously was an “a Buy”.
Price Performance Review of STAA
On Friday, Staar Surgical Co [NASDAQ:STAA] saw its stock fall -2.07% to $17.05. Over the last five days, the stock has lost -7.03%. Staar Surgical Co shares have fallen nearly -29.81% since the year began. Nevertheless, the stocks have fallen -54.70% over the past one year. While a 52-week high of $52.68 was reached on 01/02/25, a 52-week low of $13.50 was recorded on 02/12/25. SMA at 50 days reached $20.65, while 200 days put it at $30.87.
Levels Of Support And Resistance For STAA Stock
The 24-hour chart illustrates a support level at 16.67, which if violated will result in even more drops to 16.30. On the upside, there is a resistance level at 17.70. A further resistance level may holdings at 18.36. The Relative Strength Index (RSI) on the 14-day chart is 40.99, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.23, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 75.55%. Stochastics %K at 33.99% indicates the stock is a holding.
How much short interest is there in Staar Surgical Co?
A steep rise in short interest was recorded in Staar Surgical Co stocks on 2025-02-28, growing by 0.63 million shares to a total of 4.57 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 3.94 million shares. There was a rise of 13.69%, which implies that there is a positive sentiment for the stock.
