The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Quanterix Corp shares valued at $760,803 were purchased by WALT DAVID R on Jun 13 ’25. At $6.14 per share, WALT DAVID R acquired 123,990 shares. The insider’s holdings grew to 1,866,933 shares worth approximately $13.03 million following the completion of this transaction.
Also, WALT DAVID R purchased 36,010 shares, netting a total of over 224,166 in proceeds. Following the buying of shares at $6.23 each, the insider now holds 1,742,943 shares.
Before that, Toloue Masoud had added 45,900 shares to its account. In a trade valued at $248,723, the President & CEO bought Quanterix Corp shares for $5.42 each. Upon closing the transaction, the insider’s holdings increased to 45,900 shares, worth approximately $3.62 million.
As published in their initiating research note from Scotiabank on February 01, 2024, Quanterix Corp [QTRX] has been a Sector outperform and the price target has been revised to $30. Analysts at Canaccord Genuity upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in late September. As of August 08, 2023, SVB Securities has increased its “Market perform” rating to a “an Outperform” for QTRX. Earlier on May 23, 2023, Goldman upgraded its rating. Their new recommendation was “a Buy” for QTRX stock which previously was a “a Neutral”.
Analyzing QTRX Stock Performance
On last trading session, Quanterix Corp [NASDAQ: QTRX] rose 0.87% to $6.98. During the last five days, there has been a surge of approximately 6.24%. Over the course of the year, Quanterix Corp shares have dropped approximately -44.95%. Shares of the company reached a 52-week high of $12.41 on 01/06/25 and a 52-week low of $4.05 on 05/14/25.
Support And Resistance Levels for Quanterix Corp (QTRX)
According to the 24-hour chart, there is a support level at 6.86, which, if violated, would cause prices to drop to 6.75. In the upper region, resistance lies at 7.06. The next price resistance is at 7.15. RSI (Relative Strength Index) is 64.89 on the 14-day chart, showing neutral technical sentiment.
Which companies own the most shares of Quanterix Corp (QTRX)?
In terms of Quanterix Corp share price expectations, FactSet research, analysts set an average price target of 18 in the next 12 months, up nearly 160.12% from the previous closing price of $6.92. Analysts anticipate Quanterix Corp stock to reach 18 by 2025, with the lowest price target being 18. In spite of this, 3 analysts ranked Quanterix Corp stock as Hold at the end of 2025. On August 15, 2022, Canaccord Genuity assigned a price target of “a Hold” to the stock and downgraded coverage with a $12.