Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Myriad Genetics, Inc shares valued at $343,950 were sold by DIAZ PAUL J on Oct 11 ’24. At $22.93 per share, DIAZ PAUL J sold 15,000 shares. The insider’s holdings dropped to 962,378 shares worth approximately $3.88 million following the completion of this transaction.
Also, DIAZ PAUL J purchased 15,000 shares, netting a total of over 343,950 in proceeds.
Before that, Ancona Margaret had added 11,538 shares to its account. In a trade valued at $321,019, the Officer bought Myriad Genetics, Inc shares for $27.82 each.
As published in a research note from Wolfe Research on May 08, 2025, Myriad Genetics, Inc [MYGN] has been rated down from an Outperform to a Peer perform. Analysts at Wells Fargo downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal weight”‘ outlook in a report released in early May. As of April 09, 2025, Guggenheim has decreased its “Buy” rating to a “Neutral” for MYGN. Earlier on March 12, 2025, Piper Sandler upgraded its rating. Their new recommendation was “an Overweight” for MYGN stock which previously was a “a Neutral”.
Analyzing MYGN Stock Performance
During the last five days, there has been a drop of approximately -43.48%. Over the course of the year, Myriad Genetics, Inc shares have dropped approximately -70.61%. Shares of the company reached a 52-week high of $15.47 on 02/19/25 and a 52-week low of $3.98 on 05/08/25. A 50-day SMA is recorded $8.65, while a 200-day SMA reached $17.25.
Support And Resistance Levels for Myriad Genetics, Inc (MYGN)
According to the 24-hour chart, there is a support level at 3.90, which, if violated, would cause prices to drop to 3.78. In the upper region, resistance lies at 4.23. The next price resistance is at 4.44. RSI (Relative Strength Index) is 17.69 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.74, which suggests the price will decrease in the coming days. Percent R is at 98.72%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
