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. Teladoc Health Inc shares valued at $51,012 were sold by Murthy Mala on Apr 07 ’25. At $6.81 per share, Murthy Mala sold 7,494 shares. The insider’s holdings dropped to 121,467 shares worth approximately $0.88 million following the completion of this transaction.
Also, Murthy Mala purchased 7,494 shares, netting a total of over 51,012 in proceeds.
Before that, Murthy Mala had sold 20,586 shares from its account. In a trade valued at $173,416, the CHIEF FINANCIAL OFFICER traded Teladoc Health Inc shares for $8.42 each. Upon closing the transaction, the insider’s holdings decreased to 20,586 shares, worth approximately $0.84 million.
As published in their initiating research note from Goldman on November 15, 2024, Teladoc Health Inc [TDOC] has been a Buy and the price target has been revised to $14. Analysts at Jefferies resumed the stock at ‘”a Hold”‘ outlook in a report released in mid September. As of February 29, 2024, Cantor Fitzgerald has initiated its “an Overweight” rating for TDOC. Earlier on February 26, 2024, Leerink Partners initiated its rating. Their recommendation was “a Market perform” for TDOC stock.
Analyzing TDOC Stock Performance
During the last five days, there has been a drop of approximately -3.85%. Over the course of the year, Teladoc Health Inc shares have dropped approximately -20.35%. Shares of the company reached a 52-week high of $15.21 on 02/14/25 and a 52-week low of $6.61 on 04/07/25. A 50-day SMA is recorded $9.82, while a 200-day SMA reached $9.27.
Support And Resistance Levels for Teladoc Health Inc (TDOC)
According to the 24-hour chart, there is a support level at 6.99, which, if violated, would cause prices to drop to 6.73. In the upper region, resistance lies at 7.56. The next price resistance is at 7.88. RSI (Relative Strength Index) is 35.16 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.47, which suggests the price will decrease in the coming days. Percent R is at 72.25%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
