The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Resmed Inc shares valued at $215,580 were sold by Sandercock Brett on Apr 08 ’25. At $215.58 per share, Sandercock Brett sold 1,000 shares. The insider’s holdings dropped to 89,864 shares worth approximately $18.92 million following the completion of this transaction.
Also, Farrell Michael J. sold 8,009 shares, netting a total of over 1,680,699 in proceeds. Following the sale of shares at $209.85 each, the insider now holds 455,472 shares.
Before that, Sandercock Brett had added 1,000 shares to its account. In a trade valued at $215,580, the Officer bought Resmed Inc shares for $215.58 each.
As published in their initiating research note from Morgan Stanley on March 19, 2025, Resmed Inc [RMD] has been an Overweight and the price target has been revised to $280. Analysts at Morgan Stanley started covering the stock with ‘”an Overweight”‘ outlook in a report released in mid March. As of January 16, 2025, Goldman has initiated its “Buy” rating for RMD. Earlier on January 10, 2025, Piper Sandler initiated its rating. Their recommendation was “a Neutral” for RMD stock.
Analyzing RMD Stock Performance
During the last five days, there has been a drop of approximately -1.31%. Over the course of the year, Resmed Inc shares have dropped approximately -7.93%. Shares of the company reached a 52-week high of $263.05 on 01/30/25 and a 52-week low of $199.92 on 04/07/25. A 50-day SMA is recorded $227.85, while a 200-day SMA reached $230.90.
Support And Resistance Levels for Resmed Inc (RMD)
According to the 24-hour chart, there is a support level at 206.77, which, if violated, would cause prices to drop to 203.00. In the upper region, resistance lies at 214.52. The next price resistance is at 218.49. RSI (Relative Strength Index) is 42.20 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -6.69, which suggests the price will decrease in the coming days. Percent R is at 60.75%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
