Procept BioRobotics Corp’s filing revealed that its President, CEO Zadno Reza unloaded Company’s shares for reported $0.31 million on Mar 18 ’25. In the deal valued at $57.06 per share,5,475 shares were sold. As a result of this transaction, Zadno Reza now holds 173,070 shares worth roughly $8.87 million.
Then, Waters Kevin sold 733 shares, generating $41,825 in total proceeds. Upon selling the shares at $57.06, the EVP, CFO now owns 107,991 shares.
Before that, Shiblaq Hisham sold 247 shares. Procept BioRobotics Corp shares valued at $14,094 were divested by the EVP, Chief Comm. Officer at a price of $57.06 per share. As a result of the transaction, Shiblaq Hisham now holds 63,133 shares, worth roughly $3.23 million.
Morgan Stanley initiated its Procept BioRobotics Corp [PRCT] rating to an Overweight in a research note published on December 02, 2024; the price target was $105. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in mid November with a ‘”a Hold”‘ rating. Piper Sandler began covering PRCT with “an Overweight” recommendation on August 11, 2023. William Blair started covering the stock on May 31, 2023. It rated PRCT as “an Outperform”.
Price Performance Review of PRCT
On Friday, Procept BioRobotics Corp [NASDAQ:PRCT] saw its stock fall -6.48% to $51.23. Over the last five days, the stock has lost -14.69%. Procept BioRobotics Corp shares have fallen nearly -36.38% since the year began. Nevertheless, the stocks have risen 10.05% over the past one year. While a 52-week high of $103.81 was reached on 01/06/25, a 52-week low of $45.56 was recorded on 04/04/25. SMA at 50 days reached $63.89, while 200 days put it at $74.05.
Levels Of Support And Resistance For PRCT Stock
The 24-hour chart illustrates a support level at 49.56, which if violated will result in even more drops to 47.89. On the upside, there is a resistance level at 53.64. A further resistance level may holdings at 56.05. The Relative Strength Index (RSI) on the 14-day chart is 30.74, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.81, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.43%. Stochastics %K at 16.30% indicates the stock is a buying.
How much short interest is there in Procept BioRobotics Corp?
A steep rise in short interest was recorded in Procept BioRobotics Corp stocks on 2025-03-14, growing by 0.14 million shares to a total of 5.83 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 5.68 million shares. There was a rise of 2.49%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 31, 2022 when BTIG Research began covering the stock and recommended ‘”a Neutral”‘ rating .
