Embecta Corp’s recent filing unveils 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 $0.87 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 5.02% to $10.04. Over the last five days, the stock has gained 1.31%. Embecta Corp shares have fallen nearly -51.38% since the year began. Nevertheless, the stocks have fallen -21.50% over the past one year. While a 52-week high of $21.48 was reached on 01/06/25, a 52-week low of $9.56 was recorded on 06/16/25.
Levels Of Support And Resistance For EMBC Stock
The 24-hour chart illustrates a support level at 9.67, which if violated will result in even more drops to 9.31. On the upside, there is a resistance level at 10.22. A further resistance level may holdings at 10.41.
