KD Logo

Needham gives a Hold recommendation for DENTSPLY Sirona Inc (XRAY)

CHWY Stock

DENTSPLY Sirona Inc’s filing revealed that its Director LUCIER GREGORY T acquired Company’s shares for reported $0.25 million on Mar 03 ’25. In the deal valued at $16.51 per share,15,142 shares were bought. As a result of this transaction, LUCIER GREGORY T now holds 81,971 shares worth roughly $1.05 million.

Then, Coleman Glenn bought 15,759 shares, generating $311,240 in total proceeds.

Before that, LUCIER GREGORY T bought 5,000 shares. DENTSPLY Sirona Inc shares valued at $91,850 were divested by the Director at a price of $18.37 per share. As a result of the transaction, LUCIER GREGORY T now holds 71,730 shares, worth roughly $0.92 million.

Needham downgraded its DENTSPLY Sirona Inc [XRAY] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in mid February with a ‘”an Equal weight”‘ rating. Jefferies also remained covering XRAY and has decreased its forecast on January 23, 2025 with a “Hold” recommendation from previously “Buy” rating. Evercore ISI revised its rating on January 07, 2025. It rated XRAY as “an In-line” which previously was an “an Outperform”.

Price Performance Review of XRAY

On Friday, DENTSPLY Sirona Inc [NASDAQ:XRAY] saw its stock jump 0.95% to $12.77. Over the last five days, the stock has lost -5.96%. DENTSPLY Sirona Inc shares have fallen nearly -32.72% since the year began. Nevertheless, the stocks have fallen -60.57% over the past one year. While a 52-week high of $32.83 was reached on 01/30/25, a 52-week low of $12.18 was recorded on 04/11/25. SMA at 50 days reached $16.49, while 200 days put it at $21.24.

Levels Of Support And Resistance For XRAY Stock

The 24-hour chart illustrates a support level at 12.33, which if violated will result in even more drops to 11.89. On the upside, there is a resistance level at 13.04. A further resistance level may holdings at 13.31. The Relative Strength Index (RSI) on the 14-day chart is 29.89, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.14, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.47%. Stochastics %K at 22.44% indicates the stock is a holding.

How much short interest is there in DENTSPLY Sirona Inc?

A steep rise in short interest was recorded in DENTSPLY Sirona Inc stocks on 2025-03-31, growing by 2.72 million shares to a total of 10.78 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 8.06 million shares. There was a rise of 25.21%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on December 04, 2024 when Mizuho began covering the stock and recommended ‘”a Neutral”‘ rating along with a $21 price target.

Most Popular