In a filing, Globus Medical Inc revealed its Director RHOADS ANN D unloaded Company’s shares for reported $0.59 million on Feb 28 ’25. In the deal valued at $78.68 per share,7,500 shares were sold. As a result of this transaction, RHOADS ANN D now holds 35,384 shares worth roughly $2.0 million.
Then, RHOADS ANN D bought 7,500 shares, generating $590,000 in total proceeds.
Before that, Pfeil Keith W sold 14,167 shares. Globus Medical Inc shares valued at $1,250,770 were divested by the COO, CFO at a price of $88.29 per share. As a result of the transaction, Pfeil Keith W now holds 0 shares, worth roughly $0.0.
BTIG Research downgraded its Globus Medical Inc [GMED] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in early January from “an Underperform” to “a Neutral”. Morgan Stanley also remained covering GMED and has increased its forecast on December 02, 2024 with a “an Overweight” recommendation from previously “an Equal-weight” rating. Wells Fargo revised its rating on August 07, 2024. It rated GMED as “an Overweight” which previously was an “an Equal weight”.
Price Performance Review of GMED
On Tuesday, Globus Medical Inc [NYSE:GMED] saw its stock jump 1.13% to $56.6. Over the last five days, the stock has lost -4.10%. Globus Medical Inc shares have fallen nearly -17.52% since the year began. Nevertheless, the stocks have fallen -31.57% over the past one year. While a 52-week high of $94.93 was reached on 01/30/25, a 52-week low of $54.48 was recorded on 05/09/25.
Levels Of Support And Resistance For GMED Stock
The 24-hour chart illustrates a support level at 56.13, which if violated will result in even more drops to 55.65. On the upside, there is a resistance level at 57.06. A further resistance level may holdings at 57.51.
How much short interest is there in Globus Medical Inc?
A steep rise in short interest was recorded in Globus Medical Inc stocks on 2025-06-13, growing by 0.13 million shares to a total of 4.64 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 4.51 million shares. There was a rise of 2.82%, which implies that there is a positive sentiment for the stock.
