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. Glaukos Corporation shares valued at $2,497,335 were sold by Foley Mark J on Feb 26 ’25. At $120.72 per share, Foley Mark J sold 20,687 shares. The insider’s holdings dropped to 54,249 shares worth approximately $5.46 million following the completion of this transaction.
Also, Foley Mark J purchased 20,687 shares, netting a total of over 2,497,263 in proceeds.
Before that, Navratil Tomas had sold 3,416 shares from its account. In a trade valued at $502,630, the CHIEF DEVELOPMENT OFFICER traded Glaukos Corporation shares for $147.14 each. Upon closing the transaction, the insider’s holdings decreased to 3,416 shares, worth approximately $7.29 million.
As published in a research note from Mizuho on February 19, 2025, Glaukos Corporation [GKOS] has been rated up from a Neutral to an Outperform and the price target has been revised to $200 from $140. Analysts at Citigroup upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid December. As of December 06, 2024, UBS has initiated its “Buy” rating for GKOS. Earlier on December 02, 2024, Morgan Stanley downgraded its rating. Their new recommendation was “an Underweight” for GKOS stock which previously was a “an Equal-weight”.
Analyzing GKOS Stock Performance
During the last five days, there has been a surge of approximately 4.17%. Over the course of the year, Glaukos Corporation shares have dropped approximately -32.89%. Shares of the company reached a 52-week high of $163.71 on 01/23/25 and a 52-week low of $91.78 on 03/10/25. A 50-day SMA is recorded $136.45, while a 200-day SMA reached $131.10.
Support And Resistance Levels for Glaukos Corporation (GKOS)
According to the 24-hour chart, there is a support level at 99.33, which, if violated, would cause prices to drop to 98.04. In the upper region, resistance lies at 102.18. The next price resistance is at 103.74. RSI (Relative Strength Index) is 33.62 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.28, which suggests the price will decrease in the coming days. Percent R is at 68.88%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
