Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Neogenomics Inc shares valued at $79,475 were sold by Olivo Alicia C on Nov 15 ’24. At $15.36 per share, Olivo Alicia C sold 5,175 shares. The insider’s holdings dropped to 37,129 shares worth approximately $0.24 million following the completion of this transaction.
Also, ALICIA OLIVO purchased 5,175 shares, netting a total of over 81,713 in proceeds.
Before that, Olivo Alicia C had sold 1,040 shares from its account. In a trade valued at $16,695, the General Counsel traded Neogenomics Inc shares for $16.05 each. Upon closing the transaction, the insider’s holdings decreased to 1,040 shares, worth approximately $0.28 million.
As published in a research note from Leerink Partners on April 30, 2025, Neogenomics Inc [NEO] has been rated down from an Outperform to a Market perform and the price target has been revised to $9. Analysts at The Benchmark Company downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in mid January. As of December 10, 2024, Jefferies has initiated its “Buy” rating for NEO.
Analyzing NEO Stock Performance
During the last five days, there has been a drop of approximately -35.47%. Over the course of the year, Neogenomics Inc shares have dropped approximately -61.20%. Shares of the company reached a 52-week high of $19.11 on 01/08/25 and a 52-week low of $6.08 on 04/30/25. A 50-day SMA is recorded $9.72, while a 200-day SMA reached $14.06.
Support And Resistance Levels for Neogenomics Inc (NEO)
According to the 24-hour chart, there is a support level at 6.15, which, if violated, would cause prices to drop to 5.90. In the upper region, resistance lies at 6.57. The next price resistance is at 6.74. RSI (Relative Strength Index) is 25.96 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.57, which suggests the price will decrease in the coming days. Percent R is at 92.89%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
