Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Boston Scientific Corp shares valued at $486,702 were sold by Brown Vance R on Mar 21 ’25. At $100.85 per share, Brown Vance R sold 4,826 shares. The insider’s holdings dropped to 41,019 shares worth approximately $4.2 million following the completion of this transaction.
Also, VANCE BROWN purchased 4,826 shares, netting a total of over 486,702 in proceeds.
Before that, Woodworth Emily had sold 7,149 shares from its account. In a trade valued at $750,465, the SVP, Global Controller and CAO traded Boston Scientific Corp shares for $104.97 each. Upon closing the transaction, the insider’s holdings decreased to 7,149 shares, worth approximately $93538.76000000001.
As published in a research note from Deutsche Bank on January 10, 2025, Boston Scientific Corp [BSX] has been rated up from a Hold to a Buy and the price target has been revised to $108. Analysts at Needham downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in mid October. As of May 30, 2024, Goldman has initiated its “Buy” rating for BSX. Earlier on February 01, 2024, Mizuho upgraded its rating. Their new recommendation was “a Buy” for BSX stock which previously was a “a Neutral”.
Analyzing BSX Stock Performance
During the last five days, there has been a surge of approximately 1.60%. Over the course of the year, Boston Scientific Corp shares have jumped approximately 14.58%. Shares of the company reached a 52-week high of $107.17 on 02/05/25 and a 52-week low of $88.81 on 01/02/25. A 50-day SMA is recorded $101.84, while a 200-day SMA reached $87.88.
Support And Resistance Levels for Boston Scientific Corp (BSX)
According to the 24-hour chart, there is a support level at 101.08, which, if violated, would cause prices to drop to 99.82. In the upper region, resistance lies at 103.54. The next price resistance is at 104.74. RSI (Relative Strength Index) is 54.73 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.63, which suggests the price will increase in the coming days. Percent R is at 18.18%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
