In a filing, Fulgent Genetics Inc revealed its CFO and Treasurer Kim Paul acquired Company’s shares for reported $1.6 million on Mar 05 ’25. In the deal valued at $15.96 per share,100,000 shares were bought. As a result of this transaction, Kim Paul now holds 348,282 shares worth roughly $5.94 million.
Then, Xie Jian sold 1,455 shares, generating $28,372 in total proceeds. Upon selling the shares at $19.50, the President and COO now owns 334,681 shares.
Before that, Gao Hanlin sold 1,373 shares. Fulgent Genetics Inc shares valued at $26,773 were divested by the Chief Scientific Officer at a price of $19.50 per share. As a result of the transaction, Gao Hanlin now holds 919,469 shares, worth roughly $15.68 million.
UBS initiated its Fulgent Genetics Inc [FLGT] rating to a Neutral in a research note published on December 07, 2023; the price target was $35. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who decreased its forecast for the stock in early December from “an Overweight” to “a Neutral”. Raymond James began covering FLGT with “an Outperform” recommendation on November 18, 2022. Credit Suisse started covering the stock on August 25, 2022. It rated FLGT as “an Outperform”.
Price Performance Review of FLGT
On Friday, Fulgent Genetics Inc [NASDAQ:FLGT] saw its stock jump 1.19% to $17.05. Over the last five days, the stock has lost -0.23%. Fulgent Genetics Inc shares have fallen nearly -7.69% since the year began. Nevertheless, the stocks have fallen -21.17% over the past one year. While a 52-week high of $25.11 was reached on 03/07/25, a 52-week low of $14.57 was recorded on 03/04/25. SMA at 50 days reached $16.82, while 200 days put it at $19.72.
Levels Of Support And Resistance For FLGT Stock
The 24-hour chart illustrates a support level at 16.64, which if violated will result in even more drops to 16.23. On the upside, there is a resistance level at 17.33. A further resistance level may holdings at 17.61. The Relative Strength Index (RSI) on the 14-day chart is 51.16, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.16, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 53.25%. Stochastics %K at 22.04% indicates the stock is a holding.
How much short interest is there in Fulgent Genetics Inc?
A steep rise in short interest was recorded in Fulgent Genetics Inc stocks on 2025-03-14, growing by 0.35 million shares to a total of 1.65 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 1.3 million shares. There was a rise of 21.3%, which implies that there is a positive sentiment for the stock.
