Embecta Corp’s filing revealed that its Director Melcher David F acquired Company’s shares for reported $0.11 million on May 23 ’25. In the deal valued at $10.60 per share,10,000 shares were bought. As a result of this transaction, Melcher David F now holds 86,681 shares worth roughly $0.86 million.
Then, Melcher David F bought 13,000 shares, generating $177,646 in total proceeds. Upon buying the shares at $13.67, the Director now owns 76,681 shares.
Before that, Morris Milton Mayo sold 3,100 shares. Embecta Corp shares valued at $50,783 were divested by the Director at a price of $16.38 per share. As a result of the transaction, Morris Milton Mayo now holds 36,133 shares, worth roughly $0.36 million.
Mizuho initiated its Embecta Corp [EMBC] rating to a Neutral in a research note published on April 10, 2025; the price target was $15. 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 Underweight” to “an Equal-weight”. BTIG Research also remained covering EMBC and has increased its forecast on November 27, 2024 with a “Buy” recommendation from previously “Neutral” rating. Wolfe Research started covering the stock on October 20, 2023. It rated EMBC as “a Peer perform”.
Price Performance Review of EMBC
On Monday, Embecta Corp [NASDAQ:EMBC] saw its stock jump 1.23% to $9.91. Over the last five days, the stock has lost -5.17%. Embecta Corp shares have fallen nearly -52.01% since the year began. Nevertheless, the stocks have fallen -23.30% over the past one year. While a 52-week high of $21.48 was reached on 01/06/25, a 52-week low of $9.77 was recorded on 06/09/25. SMA at 50 days reached $11.69, while 200 days put it at $14.98.
Levels Of Support And Resistance For EMBC Stock
The 24-hour chart illustrates a support level at 9.71, which if violated will result in even more drops to 9.50. On the upside, there is a resistance level at 10.17. A further resistance level may holdings at 10.42. The Relative Strength Index (RSI) on the 14-day chart is 36.90, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.81, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.64%. Stochastics %K at 3.74% indicates the stock is a buying.
How much short interest is there in Embecta Corp?
A steep rise in short interest was recorded in Embecta Corp stocks on 2025-05-15, growing by 86552.0 shares to a total of 2.35 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 2.26 million shares. There was a rise of 3.68%, which implies that there is a positive sentiment for the stock.
