Baxter International Inc’s recently made public that its Officer Stevens Brian acquired Company’s shares for reported $39046.0 on Sep 16 ’24. In the deal valued at $40.01 per share,976 shares were bought.
Then, Stevens Brian bought 16,063 shares, generating $639,465 in total proceeds.
A number of analysts have revised their coverage, including Argus’s analysts, who increased its forecast for the stock in late February from “a Hold” to “a Buy”. Morgan Stanley revised its rating on July 15, 2024. It rated BAX as “an Underweight” which previously was an “an Equal-weight”.
Price Performance Review of BAX
On Monday, Baxter International Inc [NYSE:BAX] saw its stock jump 1.03% to $30.53. Over the last five days, the stock has gained 6.97%. Baxter International Inc shares have risen nearly 4.70% since the year began. Nevertheless, the stocks have fallen -25.41% over the past one year. While a 52-week high of $40.96 was reached on 03/10/25, a 52-week low of $26.25 was recorded on 04/09/25. SMA at 50 days reached $32.45, while 200 days put it at $33.97.
Levels Of Support And Resistance For BAX Stock
The 24-hour chart illustrates a support level at 30.14, which if violated will result in even more drops to 29.75. On the upside, there is a resistance level at 30.87. A further resistance level may holdings at 31.21. The Relative Strength Index (RSI) on the 14-day chart is 50.10, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.42, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 6.35%. Stochastics %K at 88.25% indicates the stock is a selling.
How much short interest is there in Baxter International Inc?
A steep rise in short interest was recorded in Baxter International Inc stocks on 2025-04-15, dropping by -1.06 million shares to a total of 17.27 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 18.33 million shares. There was a decline of -6.12%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on May 30, 2024 when Goldman began covering the stock and recommended ‘”a Neutral”‘ rating along with a $36 price target.
