MDT’s short interest falls to 8.47 million shares

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Medtronic Plc shares valued at $1,595,469 were purchased by Salmon Sean on Jun 06 ’25. At $86.81 per share, Salmon Sean acquired 18,378 shares.

Also, Wall Brett A. sold 12,437 shares, netting a total of over 1,119,330 in proceeds. Following the sale of shares at $90.00 each, the insider now holds 40,979 shares.

Before that, Wall Brett A. had added 12,437 shares to its account. In a trade valued at $1,119,330, the Officer bought Medtronic Plc shares for $90.00 each.

As published in their initiating research note from Leerink Partners on June 16, 2025, Medtronic Plc [MDT] has been an Outperform and the price target has been revised to $110. Analysts at Citigroup upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early March. As of October 10, 2024, RBC Capital Mkts has increased its “Sector perform” rating to a “an Outperform” for MDT. Earlier on August 21, 2024, Oppenheimer resumed its rating. Their recommendation was “a Perform” for MDT stock.

Analyzing MDT Stock Performance

On last trading session,, Medtronic Plc [NYSE: MDT] rose 0.24% to $86.18. The stock’s lowest price that day was $85.5, but it reached a high of $86.68 in the same session. During the last five days, there has been a surge of approximately 0.52%. Over the course of the year, Medtronic Plc shares have jumped approximately 6.34%. Shares of the company reached a 52-week high of $96.25 on 03/10/25 and a 52-week low of $79.55 on 04/09/25.

Support And Resistance Levels for Medtronic Plc (MDT)

According to the 24-hour chart, there is a support level at 85.56, which, if violated, would cause prices to drop to 84.94. In the upper region, resistance lies at 86.74. The next price resistance is at 87.30. RSI (Relative Strength Index) is 51.89 on the 14-day chart, showing neutral technical sentiment.

Is Medtronic Plc subject to short interest?

Stocks of Medtronic Plc saw a sharp steep in short interest on 2025-06-13 dropping by -5.16 million shares to 8.47 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 13.63 million shares. A decline of -60.87% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 1.01 of the overall float, the days-to-cover ratio (short ratio) decline to 1.01.

Which companies own the most shares of Medtronic Plc (MDT)?

In terms of Medtronic Plc share price expectations, FactSet research, analysts set an average price target of 93 in the next 12 months, up nearly 8.18% from the previous closing price of $85.97. Analysts anticipate Medtronic Plc stock to reach 93 by 2025, with the lowest price target being 93. In spite of this, 15 analysts ranked Medtronic Plc stock as Buy at the end of 2025. On August 15, 2024, UBS assigned a price target of “a Neutral” to the stock and upgraded coverage with a $90.

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