Sotera Health Co’s recent filing unveils that its Director WARBURG PINCUS & CO. unloaded Company’s shares for reported $225.45 million on Sep 06 ’24. In the deal valued at $15.03 per share,15,000,000 shares were sold. As a result of this transaction, WARBURG PINCUS & CO. now holds 73,822,952 shares worth roughly $977.42 million.
Then, WARBURG PINCUS & CO. sold 15,000,000 shares, generating $225,450,000 in total proceeds. Upon selling the shares at $15.03, the Director now owns 73,822,952 shares.
Before that, GTCR INVESTMENT XI LLC sold 10,000,000 shares. Sotera Health Co shares valued at $150,300,000 were divested by the Director at a price of $15.03 per share. As a result of the transaction, GTCR INVESTMENT XI LLC now holds 49,215,301 shares, worth roughly $651.61 million.
Goldman upgraded its Sotera Health Co [SHC] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Goldman’s analysts, who began to cover the stock in early December with a ‘”a Neutral”‘ rating. Piper Sandler began covering SHC with “Neutral” recommendation on May 21, 2024. Citigroup revised its rating on April 03, 2024. It rated SHC as “a Buy” which previously was an “a Neutral”.
Price Performance Review of SHC
On Tuesday, Sotera Health Co [NASDAQ:SHC] saw its stock fall -1.93% to $13.24. Over the last five days, the stock has gained 3.04%. Sotera Health Co shares have fallen nearly -3.22% since the year began. Nevertheless, the stocks have risen 16.86% over the past one year. While a 52-week high of $17.08 was reached on 01/31/25, a 52-week low of $9.53 was recorded on 04/09/25. SMA at 50 days reached $11.58, while 200 days put it at $13.77.
Levels Of Support And Resistance For SHC Stock
The 24-hour chart illustrates a support level at 13.10, which if violated will result in even more drops to 12.97. On the upside, there is a resistance level at 13.44. A further resistance level may holdings at 13.65. The Relative Strength Index (RSI) on the 14-day chart is 67.39, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.93, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 18.60%. Stochastics %K at 87.74% indicates the stock is a selling.
