Hologic, Inc’s recently made public that its Chief Operating Officer Mitchell Essex D unloaded Company’s shares for reported $1.9 million on Dec 04 ’24. In the deal valued at $76.34 per share,24,856 shares were sold. As a result of this transaction, Mitchell Essex D now holds 27,957 shares worth roughly $1.73 million.
Then, Mitchell Essex D bought 24,856 shares, generating $1,897,484 in total proceeds.
Before that, Oberton Karleen Marie sold 52,679 shares. Hologic, Inc shares valued at $4,243,662 were divested by the Chief Financial Officer at a price of $80.56 per share. As a result of the transaction, Oberton Karleen Marie now holds 84,042 shares, worth roughly $5.2 million.
Argus downgraded its Hologic, Inc [HOLX] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Leerink Partners’s analysts, who decreased its forecast for the stock in early February from “an Outperform” to “a Market perform”. Needham also remained covering HOLX and has decreased its forecast on February 03, 2025 with a “Hold” recommendation from previously “Buy” rating. Wolfe Research started covering the stock on December 13, 2024. It rated HOLX as “a Peer perform”.
Price Performance Review of HOLX
On Monday, Hologic, Inc [NASDAQ:HOLX] saw its stock jump 1.83% to $61.82. Over the last five days, the stock has lost -5.79%. Hologic, Inc shares have fallen nearly -14.25% since the year began. Nevertheless, the stocks have fallen -19.01% over the past one year. While a 52-week high of $84.67 was reached on 01/06/25, a 52-week low of $60.33 was recorded on 03/13/25. SMA at 50 days reached $67.20, while 200 days put it at $75.43.
Levels Of Support And Resistance For HOLX Stock
The 24-hour chart illustrates a support level at 60.89, which if violated will result in even more drops to 59.97. On the upside, there is a resistance level at 62.37. A further resistance level may holdings at 62.93. The Relative Strength Index (RSI) on the 14-day chart is 39.57, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.65, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 75.91%. Stochastics %K at 12.03% indicates the stock is a buying.
How much short interest is there in Hologic, Inc?
A steep rise in short interest was recorded in Hologic, Inc stocks on 2025-02-28, dropping by -1.48 million shares to a total of 4.44 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 5.93 million shares. There was a decline of -33.44%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on December 10, 2024 when Needham resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $90.
