Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Standard BioTools Inc shares valued at $5,134,321 were purchased by Casdin Partners Master Fund, L on Feb 28 ’25. At $1.06 per share, Casdin Partners Master Fund, L acquired 4,820,959 shares. The insider’s holdings grew to 58,846,780 shares worth approximately $61.79 million following the completion of this transaction.
Also, Black Jeffrey G. purchased 57,971 shares, netting a total of over 123,098 in proceeds.
Before that, Taich Adam had added 45,851 shares to its account. In a trade valued at $91,725, the Former Officer bought Standard BioTools Inc shares for $2.00 each.
As published in a research note from KeyBanc Capital Markets on February 27, 2025, Standard BioTools Inc [LAB] has been rated down from an Overweight to a Sector weight. Analysts at TD Cowen started covering the stock with ‘”a Buy”‘ outlook in a report released in mid April. As of April 04, 2024, Jefferies has initiated its “Buy” rating for LAB. Earlier on July 12, 2023, KeyBanc Capital Markets initiated its rating. Their recommendation was “an Overweight” for LAB stock.
Analyzing LAB Stock Performance
During the last five days, there has been a drop of approximately -5.83%. Over the course of the year, Standard BioTools Inc shares have dropped approximately -40.00%. Shares of the company reached a 52-week high of $2.1400 on 01/15/25 and a 52-week low of $0.9521 on 05/07/25. A 50-day SMA is recorded $1.1373, while a 200-day SMA reached $1.6179.
Support And Resistance Levels for Standard BioTools Inc (LAB)
According to the 24-hour chart, there is a support level at 1.0067, which, if violated, would cause prices to drop to 0.9633. In the upper region, resistance lies at 1.0867. The next price resistance is at 1.1233. RSI (Relative Strength Index) is 43.66 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0273, which suggests the price will decrease in the coming days. Percent R is at 63.46%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
