Boston Scientific Corp’s recently made public that its EVP, Global Operations Sorenson John Bradley unloaded Company’s shares for reported $0.48 million on May 05 ’25. In the deal valued at $104.54 per share,4,572 shares were sold. As a result of this transaction, Sorenson John Bradley now holds 18,705 shares worth roughly $1.92 million.
Then, Mahoney Michael F sold 164,443 shares, generating $16,851,974 in total proceeds. Upon selling the shares at $102.48, the Chairman, President & CEO now owns 1,535,706 shares.
Before that, Butcher Arthur C sold 17,314 shares. Boston Scientific Corp shares valued at $1,766,982 were divested by the EVP& Grp Pres, MedSurg & APAC at a price of $102.06 per share. As a result of the transaction, Butcher Arthur C now holds 22,235 shares, worth roughly $2.29 million.
Needham upgraded its Boston Scientific Corp [BSX] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who increased its forecast for the stock in early January from “a Hold” to “a Buy”. Needham also remained covering BSX and has decreased its forecast on October 18, 2024 with a “Hold” recommendation from previously “Buy” rating. Goldman started covering the stock on May 30, 2024. It rated BSX as “a Buy”.
Price Performance Review of BSX
On Friday, Boston Scientific Corp [NYSE:BSX] saw its stock fall -0.42% to $102.86. Over the last five days, the stock has lost -1.97%. Boston Scientific Corp shares have risen nearly 15.16% since the year began. Nevertheless, the stocks have risen 40.08% over the past one year. While a 52-week high of $107.17 was reached on 02/05/25, a 52-week low of $71.88 was recorded on 04/07/25. SMA at 50 days reached $99.30, while 200 days put it at $91.23.
Levels Of Support And Resistance For BSX Stock
The 24-hour chart illustrates a support level at 102.38, which if violated will result in even more drops to 101.89. On the upside, there is a resistance level at 103.50. A further resistance level may holdings at 104.14. The Relative Strength Index (RSI) on the 14-day chart is 57.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.35, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 23.24%. Stochastics %K at 84.07% indicates the stock is a selling.
