KD Logo

Keeping an Eye on Orthofix Medical Inc (OFIX) After Insider Trading Activity

Orthofix Medical Inc’s recent filing unveils that its CLO Cedron Jorge Andres unloaded Company’s shares for reported $50791.0 on Apr 16 ’25. In the deal valued at $13.31 per share,3,816 shares were sold. As a result of this transaction, Cedron Jorge Andres now holds 42,500 shares worth roughly $0.51 million.

Then, Gillespie Geoffrey C sold 76 shares, generating $1,196 in total proceeds. Upon selling the shares at $15.74, the CAO now owns 42,445 shares.

Before that, Vitale Lucas sold 4,287 shares. Orthofix Medical Inc shares valued at $71,164 were divested by the CP&BOO at a price of $16.60 per share. As a result of the transaction, Vitale Lucas now holds 135,317 shares, worth roughly $1.63 million.

Canaccord Genuity initiated its Orthofix Medical Inc [OFIX] rating to a Buy in a research note published on January 22, 2025; the price target was $24. A number of analysts have revised their coverage, including Stifel’s analysts, who increased its forecast for the stock in early November from “a Hold” to “a Buy”. ROTH MKM also remained covering OFIX and has increased its forecast on May 08, 2024 with a “Buy” recommendation from previously “Neutral” rating. ROTH MKM started covering the stock on October 20, 2023. It rated OFIX as “a Neutral”.

Price Performance Review of OFIX

On Tuesday, Orthofix Medical Inc [NASDAQ:OFIX] saw its stock fall -10.93% to $12.06. Over the last five days, the stock has lost -14.65%. Orthofix Medical Inc shares have fallen nearly -30.93% since the year began. Nevertheless, the stocks have fallen -8.91% over the past one year. While a 52-week high of $20.73 was reached on 02/25/25, a 52-week low of $12.08 was recorded on 05/06/25. SMA at 50 days reached $15.37, while 200 days put it at $16.74.

Levels Of Support And Resistance For OFIX Stock

The 24-hour chart illustrates a support level at 10.92, which if violated will result in even more drops to 9.78. On the upside, there is a resistance level at 12.78. A further resistance level may holdings at 13.50. The Relative Strength Index (RSI) on the 14-day chart is 27.37, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.35, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 60.41%. Stochastics %K at 49.91% indicates the stock is a holding.

Most Popular