Fulgent Genetics Inc [FLGT] short interest falls, dropping by 1.61 million million shares

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Fulgent Genetics Inc shares valued at $15,299 were sold by Gao Hanlin on Jun 02 ’25. At $20.29 per share, Gao Hanlin sold 754 shares. The insider’s holdings dropped to 961,281 shares worth approximately $19.51 million following the completion of this transaction.

Also, Xie Jian sold 1,135 shares, netting a total of over 23,030 in proceeds. Following the sale of shares at $20.29 each, the insider now holds 371,496 shares.

Before that, Xie Jian had added 1,135 shares to its account. In a trade valued at $23,030, the Officer bought Fulgent Genetics Inc shares for $20.29 each.

As published in their initiating research note from UBS on December 07, 2023, Fulgent Genetics Inc [FLGT] has been a Neutral and the price target has been revised to $35. Analysts at Piper Sandler downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in early December. As of November 18, 2022, Raymond James has initiated its “an Outperform” rating for FLGT. Earlier on August 25, 2022, Credit Suisse initiated its rating. Their recommendation was “an Outperform” for FLGT stock.

Analyzing FLGT Stock Performance

On last trading session,, Fulgent Genetics Inc [NASDAQ: FLGT] rose 0.20% to $20.30. The stock’s lowest price that day was $20.05, but it reached a high of $20.805 in the same session. During the last five days, there has been a drop of approximately -6.54%. Over the course of the year, Fulgent Genetics Inc shares have jumped approximately 9.91%. Shares of the company reached a 52-week high of $22.11 on 06/11/25 and a 52-week low of $14.57 on 03/04/25.

Support And Resistance Levels for Fulgent Genetics Inc (FLGT)

According to the 24-hour chart, there is a support level at 19.96, which, if violated, would cause prices to drop to 19.63. In the upper region, resistance lies at 20.72. The next price resistance is at 21.14. RSI (Relative Strength Index) is 47.69 on the 14-day chart, showing neutral technical sentiment.

Is Fulgent Genetics Inc subject to short interest?

Stocks of Fulgent Genetics Inc saw a sharp steep in short interest on 2025-05-30 dropping by -0.13 million shares to 1.61 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 1.73 million shares. A decline of -7.82% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 4.17 of the overall float, the days-to-cover ratio (short ratio) decline to 4.17.

Which companies own the most shares of Fulgent Genetics Inc (FLGT)?

In terms of Fulgent Genetics Inc share price expectations, FactSet research, analysts set an average price target of 25 in the next 12 months, up nearly 23.4% from the previous closing price of $20.26. Analysts anticipate Fulgent Genetics Inc stock to reach 25 by 2025, with the lowest price target being 25. In spite of this, 2 analysts ranked Fulgent Genetics Inc stock as Buy at the end of 2025. On February 04, 2022, Piper Sandler assigned a price target of “an Overweight” to the stock and resumed coverage with a $80.

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