In a filing, Resmed Inc revealed its Officer Farrell Michael J. acquired Company’s shares for reported $1.68 million on Apr 07 ’25. In the deal valued at $209.85 per share,8,009 shares were bought.
Then, FARRELL PETER C sold 2,000 shares, generating $439,480 in total proceeds. Upon selling the shares at $219.74, the Director now owns 73,218 shares.
Before that, Rider Michael J sold 64 shares. Resmed Inc shares valued at $14,263 were divested by the Global General Counsel at a price of $222.86 per share. As a result of the transaction, Rider Michael J now holds 8,846 shares, worth roughly $1.88 million.
Morgan Stanley initiated its Resmed Inc [RMD] rating to an Overweight in a research note published on March 19, 2025; the price target was $280. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who began to cover the stock in mid March with a ‘”an Overweight”‘ rating. Goldman began covering RMD with “Buy” recommendation on January 16, 2025. Piper Sandler started covering the stock on January 10, 2025. It rated RMD as “a Neutral”.
Price Performance Review of RMD
On Monday, Resmed Inc [NYSE:RMD] saw its stock jump 3.82% to $213.00. Over the last five days, the stock has lost -4.85%. Resmed Inc shares have fallen nearly -6.86% since the year began. Nevertheless, the stocks have risen 15.14% over the past one year. While a 52-week high of $263.05 was reached on 01/30/25, a 52-week low of $172.19 was recorded on 04/07/25. SMA at 50 days reached $230.37, while 200 days put it at $230.75.
Levels Of Support And Resistance For RMD Stock
The 24-hour chart illustrates a support level at 202.32, which if violated will result in even more drops to 191.65. On the upside, there is a resistance level at 221.27. A further resistance level may holdings at 229.55. The Relative Strength Index (RSI) on the 14-day chart is 40.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.93, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 51.70%. Stochastics %K at 20.63% indicates the stock is a holding.
How much short interest is there in Resmed Inc?
A steep rise in short interest was recorded in Resmed Inc stocks on 2025-03-14, dropping by -0.98 million shares to a total of 8.73 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 9.71 million shares. There was a decline of -11.26%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on December 13, 2024 when Stifel began covering the stock and recommended ‘”a Hold”‘ rating along with a $250 price target.
