KD Logo

Goldman initates Teladoc Health Inc (TDOC) rating to a Buy

Teladoc Health Inc’s recent filing unveils that its Officer Murthy Mala acquired Company’s shares for reported $51012.0 on Apr 07 ’25. In the deal valued at $6.81 per share,7,494 shares were bought.

Then, Murthy Mala sold 20,586 shares, generating $173,416 in total proceeds. Upon selling the shares at $8.42, the CHIEF FINANCIAL OFFICER now owns 116,309 shares.

Before that, Vandervoort Adam C sold 11,011 shares. Teladoc Health Inc shares valued at $92,757 were divested by the CHIEF LEGAL OFFICER, SECRETARY at a price of $8.42 per share. As a result of the transaction, Vandervoort Adam C now holds 64,308 shares, worth roughly $0.46 million.

Goldman initiated its Teladoc Health Inc [TDOC] rating to a Buy in a research note published on November 15, 2024; the price target was $14. A number of analysts have revised their coverage, including Jefferies’s analysts, who remained covering the stock and in mid September has reiterated a ‘”a Hold”‘ rating for it. Cantor Fitzgerald began covering TDOC with “an Overweight” recommendation on February 29, 2024. Leerink Partners started covering the stock on February 26, 2024. It rated TDOC as “a Market perform”.

Price Performance Review of TDOC

On Monday, Teladoc Health Inc [NYSE:TDOC] saw its stock fall -0.82% to $7.23. Over the last five days, the stock has lost -9.17%. Teladoc Health Inc shares have fallen nearly -20.46% since the year began. Nevertheless, the stocks have fallen -49.26% over the past one year. While a 52-week high of $15.21 was reached on 02/14/25, a 52-week low of $6.76 was recorded on 04/07/25. SMA at 50 days reached $9.99, while 200 days put it at $9.31.

Levels Of Support And Resistance For TDOC Stock

The 24-hour chart illustrates a support level at 6.71, which if violated will result in even more drops to 6.18. On the upside, there is a resistance level at 7.66. A further resistance level may holdings at 8.09. The Relative Strength Index (RSI) on the 14-day chart is 28.57, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.75, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.69%. Stochastics %K at 23.59% indicates the stock is a holding.

How much short interest is there in Teladoc Health Inc?

A steep rise in short interest was recorded in Teladoc Health Inc stocks on 2025-03-14, growing by 4.8 million shares to a total of 26.82 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 22.02 million shares. There was a rise of 17.89%, which implies that there is a positive sentiment for the stock.

Most Popular