Medtronic Plc’s recently made public that its EVP & Pres Neuroscience Wall Brett A. unloaded Company’s shares for reported $1.12 million on Jan 24 ’25. In the deal valued at $90.00 per share,12,437 shares were sold. As a result of this transaction, Wall Brett A. now holds 40,979 shares worth roughly $3.56 million.
Then, Wall Brett A. bought 12,437 shares, generating $1,119,330 in total proceeds.
Before that, Wall Brett A. sold 9,850 shares. Medtronic Plc shares valued at $792,038 were divested by the EVP & Pres Neuroscience at a price of $80.41 per share. As a result of the transaction, Wall Brett A. now holds 40,708 shares, worth roughly $3.54 million.
Citigroup upgraded its Medtronic Plc [MDT] rating to a Buy from a a Neutral in a research note published on March 04, 2025; the price target was increased to $107 from $92. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who increased its forecast for the stock in early October from “a Sector perform” to “an Outperform”. Oppenheimer also remained covering MDT and reiterated its “Perform” recommendation on August 21, 2024. UBS revised its rating on August 15, 2024. It rated MDT as “a Neutral” which previously was an “a Sell”.
Price Performance Review of MDT
On Monday, Medtronic Plc [NYSE:MDT] saw its stock jump 0.61% to $86.97. Over the last five days, the stock has gained 1.35%. Medtronic Plc shares have risen nearly 8.88% since the year began. Nevertheless, the stocks have risen 2.66% over the past one year.
How much short interest is there in Medtronic Plc?
A steep rise in short interest was recorded in Medtronic Plc stocks on 2025-04-30, growing by 1.4 million shares to a total of 12.24 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-31 was 10.84 million shares. There was a rise of 11.48%, which implies that there is a positive sentiment for the stock.
