In a filing, Globus Medical Inc revealed its Director RHOADS ANN D unloaded Company’s shares for reported $0.59 million on Feb 28 ’25. In the deal valued at $78.68 per share,7,500 shares were sold. As a result of this transaction, RHOADS ANN D now holds 35,384 shares worth roughly $2.16 million.
Then, RHOADS ANN D bought 7,500 shares, generating $590,000 in total proceeds.
Before that, Pfeil Keith W sold 14,167 shares. Globus Medical Inc shares valued at $1,250,770 were divested by the COO, CFO at a price of $88.29 per share. As a result of the transaction, Pfeil Keith W now holds 0 shares, worth roughly $0.0.
BofA Securities upgraded its Globus Medical Inc [GMED] rating to a Neutral from a an Underperform in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in early December from “an Equal-weight” to “an Overweight”. Wells Fargo also remained covering GMED and has increased its forecast on August 07, 2024 with a “an Overweight” recommendation from previously “an Equal weight” rating. Piper Sandler revised its rating on May 20, 2024. It rated GMED as “an Overweight” which previously was an “a Neutral”.
Price Performance Review of GMED
On Monday, Globus Medical Inc [NYSE:GMED] saw its stock fall -0.33% to $61.05. Over the last five days, the stock has gained 3.46%. Globus Medical Inc shares have fallen nearly -26.19% since the year began. Nevertheless, the stocks have fallen -5.39% over the past one year. While a 52-week high of $94.93 was reached on 01/30/25, a 52-week low of $54.48 was recorded on 05/09/25.
How much short interest is there in Globus Medical Inc?
A steep rise in short interest was recorded in Globus Medical Inc stocks on 2025-04-30, growing by 0.91 million shares to a total of 4.22 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-31 was 3.3 million shares. There was a rise of 21.68%, which implies that there is a positive sentiment for the stock.
