Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Embecta Corp shares valued at $177,646 were purchased by Melcher David F on Feb 25 ’25. At $13.67 per share, Melcher David F acquired 13,000 shares. The insider’s holdings grew to 76,681 shares worth approximately $0.87 million following the completion of this transaction.
Also, Morris Milton Mayo sold 3,100 shares, netting a total of over 50,783 in proceeds. Following the sale of shares at $16.38 each, the insider now holds 36,133 shares.
Before that, Morris Milton Mayo had added 3,100 shares to its account. In a trade valued at $50,778, the Director bought Embecta Corp shares for $16.38 each.
As published in their initiating research note from Mizuho on April 10, 2025, Embecta Corp [EMBC] has been a Neutral and the price target has been revised to $15. Analysts at Morgan Stanley upgraded the stock from ‘”an Underweight”‘ to ‘”an Equal-weight”‘ outlook in a report released in early December. As of November 27, 2024, BTIG Research has increased its “Neutral” rating to a “Buy” for EMBC. Earlier on October 20, 2023, Wolfe Research initiated its rating. Their recommendation was “a Peer perform” for EMBC stock.
Analyzing EMBC Stock Performance
During the last five days, there has been a drop of approximately -5.58%. Over the course of the year, Embecta Corp shares have dropped approximately -45.08%. Shares of the company reached a 52-week high of $21.23 on 01/06/25 and a 52-week low of $11.02 on 04/17/25. A 50-day SMA is recorded $13.52, while a 200-day SMA reached $15.42.
Support And Resistance Levels for Embecta Corp (EMBC)
According to the 24-hour chart, there is a support level at 11.11, which, if violated, would cause prices to drop to 10.88. In the upper region, resistance lies at 11.48. The next price resistance is at 11.62. RSI (Relative Strength Index) is 35.88 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.56, which suggests the price will decrease in the coming days. Percent R is at 85.25%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
