Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Fulgent Genetics Inc shares valued at $1,596,470 were purchased by Kim Paul on Mar 05 ’25. At $15.96 per share, Kim Paul acquired 100,000 shares. The insider’s holdings grew to 348,282 shares worth approximately $5.88 million following the completion of this transaction.
Also, Xie Jian sold 1,455 shares, netting a total of over 28,372 in proceeds. Following the sale of shares at $19.50 each, the insider now holds 334,681 shares.
Before that, Gao Hanlin had sold 1,373 shares from its account. In a trade valued at $26,773, the Chief Scientific Officer traded Fulgent Genetics Inc shares for $19.50 each. Upon closing the transaction, the insider’s holdings decreased to 1,373 shares, worth approximately $15.51 million.
As published in their initiating research note from UBS on December 07, 2023, Fulgent Genetics Inc [FLGT] has been a Neutral and the price target has been revised to $35. Analysts at Piper Sandler downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in early December. As of November 18, 2022, Raymond James has initiated its “an Outperform” rating for FLGT. Earlier on August 25, 2022, Credit Suisse initiated its rating. Their recommendation was “an Outperform” for FLGT stock.
Analyzing FLGT Stock Performance
During the last five days, there has been a drop of approximately -3.49%. Over the course of the year, Fulgent Genetics Inc shares have dropped approximately -8.66%. Shares of the company reached a 52-week high of $19.35 on 03/07/25 and a 52-week low of $14.57 on 03/04/25. A 50-day SMA is recorded $16.98, while a 200-day SMA reached $19.85.
Support And Resistance Levels for Fulgent Genetics Inc (FLGT)
According to the 24-hour chart, there is a support level at 16.62, which, if violated, would cause prices to drop to 16.37. In the upper region, resistance lies at 17.13. The next price resistance is at 17.39. RSI (Relative Strength Index) is 49.26 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.21, which suggests the price will decrease in the coming days. Percent R is at 51.88%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
