Boston Scientific Corp’s recently made public that its EVP & Group Pres, Cardiology Fitzgerald Joseph Michael unloaded Company’s shares for reported $5.8 million on Jun 04 ’25. In the deal valued at $102.88 per share,56,372 shares were sold. As a result of this transaction, Fitzgerald Joseph Michael now holds 178,342 shares worth roughly $17.96 million.
Then, JOSEPH M FITZGERALD bought 56,372 shares, generating $5,799,625 in total proceeds.
Before that, Mahoney Michael F sold 164,443 shares. Boston Scientific Corp shares valued at $17,051,136 were divested by the Chairman, President & CEO at a price of $103.69 per share. As a result of the transaction, Mahoney Michael F now holds 1,476,882 shares, worth roughly $148.74 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 -1.35% to $100.71. Over the last five days, the stock has lost -3.32%. Boston Scientific Corp shares have risen nearly 12.75% since the year began. Nevertheless, the stocks have risen 32.71% 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 $100.84, while 200 days put it at $94.08.
Levels Of Support And Resistance For BSX Stock
The 24-hour chart illustrates a support level at 100.11, which if violated will result in even more drops to 98.12. On the upside, there is a resistance level at 104.93. A further resistance level may holdings at 107.76. The Relative Strength Index (RSI) on the 14-day chart is 40.07, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.12, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.56%. Stochastics %K at 15.72% indicates the stock is a buying.
