The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Staar Surgical Co shares valued at $481,849 were purchased by BROADWOOD PARTNERS, L.P. on Mar 04 ’25. At $17.24 per share, BROADWOOD PARTNERS, L.P. acquired 27,953 shares. The insider’s holdings grew to 11,981,151 shares worth approximately $218.66 million following the completion of this transaction.
Also, BROADWOOD PARTNERS, L.P. purchased 259,316 shares, netting a total of over 4,420,106 in proceeds. Following the buying of shares at $17.05 each, the insider now holds 11,548,753 shares.
Before that, BROADWOOD PARTNERS, L.P. had added 249,503 shares to its account. In a trade valued at $4,151,214, the 10% Owner bought Staar Surgical Co shares for $16.64 each. Upon closing the transaction, the insider’s holdings increased to 249,503 shares, worth approximately $218.15 million.
As published in a research note from William Blair on February 12, 2025, Staar Surgical Co [STAA] has been rated down from an Outperform to a Mkt perform. Analysts at Mizuho downgraded the stock from ‘”an Outperform”‘ to ‘”a Neutral”‘ outlook in a report released in mid February. As of February 12, 2025, Jefferies has decreased its “Buy” rating to a “Hold” for STAA. Earlier on February 12, 2025, BTIG Research downgraded its rating. Their new recommendation was “a Neutral” for STAA stock which previously was a “a Buy”.
Analyzing STAA Stock Performance
During the last five days, there has been a surge of approximately 1.39%. Over the course of the year, Staar Surgical Co shares have dropped approximately -24.87%. Shares of the company reached a 52-week high of $25.40 on 01/02/25 and a 52-week low of $13.50 on 02/12/25. A 50-day SMA is recorded $20.27, while a 200-day SMA reached $30.53.
Support And Resistance Levels for Staar Surgical Co (STAA)
According to the 24-hour chart, there is a support level at 17.93, which, if violated, would cause prices to drop to 17.61. In the upper region, resistance lies at 18.59. The next price resistance is at 18.93. RSI (Relative Strength Index) is 48.02 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.14, which suggests the price will decrease in the coming days. Percent R is at 52.44%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
