Insulet Corporation’s recently made public that its EVP, CPXPO Benjamin Eric unloaded Company’s shares for reported $3.47 million on Jan 21 ’25. In the deal valued at $280.00 per share,12,394 shares were sold. As a result of this transaction, Benjamin Eric now holds 11,383 shares worth roughly $2.98 million.
Then, Benjamin Eric bought 12,394 shares, generating $3,470,320 in total proceeds.
Before that, Benjamin Eric sold 4,362 shares. Insulet Corporation shares valued at $1,167,271 were divested by the EVP, CPXPO at a price of $267.60 per share. As a result of the transaction, Benjamin Eric now holds 18,702 shares, worth roughly $4.89 million.
RBC Capital Mkts initiated its Insulet Corporation [PODD] rating to an Outperform in a research note published on March 06, 2025; the price target was $340. A number of analysts have revised their coverage, including Bernstein’s analysts, who began to cover the stock in early November with a ‘”an Outperform”‘ rating. Redburn Atlantic began covering PODD with “Buy” recommendation on May 30, 2024. Wolfe Research revised its rating on May 07, 2024. It rated PODD as “an Outperform” which previously was an “a Peer perform”.
Price Performance Review of PODD
On Monday, Insulet Corporation [NASDAQ:PODD] saw its stock jump 2.42% to $261.63. Over the last five days, the stock has gained 10.36%. Insulet Corporation shares have risen nearly 0.21% since the year began. Nevertheless, the stocks have risen 49.04% over the past one year. While a 52-week high of $289.46 was reached on 02/07/25, a 52-week low of $160.19 was recorded on 03/10/25. SMA at 50 days reached $271.70, while 200 days put it at $235.58.
Levels Of Support And Resistance For PODD Stock
The 24-hour chart illustrates a support level at 255.24, which if violated will result in even more drops to 248.85. On the upside, there is a resistance level at 265.25. A further resistance level may holdings at 268.87. The Relative Strength Index (RSI) on the 14-day chart is 47.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.17, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 36.32%. Stochastics %K at 45.56% indicates the stock is a holding.
How much short interest is there in Insulet Corporation?
A steep rise in short interest was recorded in Insulet Corporation stocks on 2025-02-28, growing by 0.43 million shares to a total of 2.87 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 2.44 million shares. There was a rise of 14.9%, which implies that there is a positive sentiment for the stock.
