Bio-Techne Corp’s recent filing unveils that its Director Herr Amy E. unloaded Company’s shares for reported $0.12 million on Feb 14 ’25. In the deal valued at $65.96 per share,1,860 shares were sold. As a result of this transaction, Herr Amy E. now holds 1,976 shares worth roughly $0.12 million.
Then, JOSHUA MOLHO bought 1,860 shares, generating $122,691 in total proceeds.
Before that, Kelderman Kim sold 13,392 shares. Bio-Techne Corp shares valued at $1,035,013 were divested by the Chief Executive Officer at a price of $77.29 per share. As a result of the transaction, Kelderman Kim now holds 39,004 shares, worth roughly $2.45 million.
Evercore ISI initiated its Bio-Techne Corp [TECH] rating to an Outperform in a research note published on March 18, 2025; the price target was $75. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who decreased its forecast for the stock in mid February from “an Outperform” to “a Neutral”. Citigroup also remained covering TECH and has decreased its forecast on May 22, 2024 with a “Neutral” recommendation from previously “Buy” rating. Scotiabank started covering the stock on February 08, 2024. It rated TECH as “a Sector outperform”.
Price Performance Review of TECH
On Tuesday, Bio-Techne Corp [NASDAQ:TECH] saw its stock jump 0.40% to $62.83. Over the last five days, the stock has gained 7.46%. Bio-Techne Corp shares have fallen nearly -12.77% since the year began. Nevertheless, the stocks have fallen -11.78% over the past one year. While a 52-week high of $85.57 was reached on 02/05/25, a 52-week low of $56.60 was recorded on 03/12/25. SMA at 50 days reached $69.10, while 200 days put it at $73.13.
Levels Of Support And Resistance For TECH Stock
The 24-hour chart illustrates a support level at 61.67, which if violated will result in even more drops to 60.52. On the upside, there is a resistance level at 63.43. A further resistance level may holdings at 64.03. The Relative Strength Index (RSI) on the 14-day chart is 45.17, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.86, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 24.94%. Stochastics %K at 66.71% indicates the stock is a holding.
How much short interest is there in Bio-Techne Corp?
A steep rise in short interest was recorded in Bio-Techne Corp stocks on 2025-02-28, growing by 1.32 million shares to a total of 5.27 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 3.95 million shares. There was a rise of 25.06%, which implies that there is a positive sentiment for the stock.
