Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Edwards Lifesciences Corp shares valued at $645,624 were sold by BOBO DONALD E JR on Mar 13 ’25. At $67.96 per share, BOBO DONALD E JR sold 9,500 shares. The insider’s holdings dropped to 46,936 shares worth approximately $3.33 million following the completion of this transaction.
Also, Zovighian Bernard J sold 6,164 shares, netting a total of over 428,448 in proceeds. Following the sale of shares at $69.51 each, the insider now holds 59,083 shares.
Before that, Lippis Daniel J. had sold 400 shares from its account. In a trade valued at $27,792, the CVP, JAPAC traded Edwards Lifesciences Corp shares for $69.48 each. Upon closing the transaction, the insider’s holdings decreased to 400 shares, worth approximately $1.6 million.
As published in a research note from Stifel on January 30, 2025, Edwards Lifesciences Corp [EW] has been rated up from a Hold to a Buy and the price target has been revised to $90 from $75. Analysts at Wolfe Research downgraded the stock from ‘”a Peer perform”‘ to ‘”an Underperform”‘ outlook in a report released in mid January. As of December 16, 2024, BofA Securities has increased its “Neutral” rating to a “Buy” for EW.
Analyzing EW Stock Performance
During the last five days, there has been a surge of approximately 4.42%. Over the course of the year, Edwards Lifesciences Corp shares have dropped approximately -4.16%. Shares of the company reached a 52-week high of $76.73 on 02/14/25 and a 52-week low of $67.32 on 03/13/25. A 50-day SMA is recorded $71.51, while a 200-day SMA reached $73.06.
Support And Resistance Levels for Edwards Lifesciences Corp (EW)
According to the 24-hour chart, there is a support level at 70.12, which, if violated, would cause prices to drop to 69.30. In the upper region, resistance lies at 71.81. The next price resistance is at 72.68. RSI (Relative Strength Index) is 49.75 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.50, which suggests the price will decrease in the coming days. Percent R is at 38.21%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
