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Sharp increase in ACLS’s short interest leads to surge in days-to-cover ratio

Samantha Gray
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Sharp increase in ACLS’s short interest leads to surge in days-to-cover ratio

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Axcelis Technologies Inc. shares valued at $3,766,860 were sold by PUMA MARY G on Jun 07. At $173.58 per share, PUMA MARY G sold 21,701 shares. The insider’s holdings dropped to 278,985 shares worth approximately $47.57 million following the completion of this transaction.

Also, FALLON LYNNETTE C sold 1,584 shares, netting a total of over 273,604 in proceeds. Following the sale of shares at $172.73 each, the insider now holds 34,469 shares.

Before that, KEITHLEY JOSEPH P had sold 1,000 shares from its account. In a trade valued at $173,000, the Director traded Axcelis Technologies Inc. shares for $173.00 each. Upon closing the transaction, the insider’s holdings decreased to 1,000 shares, worth approximately $0.79 million.

As published in their initiating research note from William Blair on June 05, 2023, Axcelis Technologies Inc. [ACLS] has been an Outperform.

Analyzing ACLS Stock Performance

On Wednesday, Axcelis Technologies Inc. [NASDAQ: ACLS] rose 3.28% to $170.50. The stock’s lowest price that day was $166.71, but it reached a high of $175.00 in the same session. During the last five days, there has been a surge of approximately 8.22%. Over the course of the year, Axcelis Technologies Inc. shares have jumped approximately 114.84%. Shares of the company reached a 52-week high of $175.00 on 06/07/23 and a 52-week low of $76.97 on 01/03/23. A 50-day SMA is recorded $133.58, while a 200-day SMA reached $98.76. Nevertheless, trading volume fell to 0.71 million shares from 0.39 million shares the previous day.

Support And Resistance Levels for Axcelis Technologies Inc. (ACLS)

According to the 24-hour chart, there is a support level at 166.47, which, if violated, would cause prices to drop to 162.45. In the upper region, resistance lies at 174.76. The next price resistance is at 179.03. RSI (Relative Strength Index) is 78.00 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 11.34, which suggests the price will increase in the coming days. Percent R is at 11.70%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.

Is Axcelis Technologies Inc. subject to short interest?

Stocks of Axcelis Technologies Inc. saw a sharp rise in short interest on May 14, 2023 jumping by 10000.0 shares to 1.5 million. Data from Yahoo Finance shows that the short interest on Apr 13, 2023 was 1.49 million shares. A jump of 0.67% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 2.98 of the overall float, the days-to-cover ratio (short ratio) jumped to 2.98.

Which companies own the most shares of Axcelis Technologies Inc. (ACLS)?

In terms of Axcelis Technologies Inc. share price expectations, FactSet research, analysts set an average price target of $147.20 in the next 12 months, down nearly -12.17% from the previous closing price of $165.09. Analysts anticipate Axcelis Technologies Inc. stock to reach $165.00 by 2023, with the lowest price target being $140.00. In spite of this, 6 analysts ranked Axcelis Technologies Inc. stock as a Buy at the end of 2023.

Rise in MTH’s short interest indicates Bearish sentiment

Roman Campbell
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0
Rise in MTH’s short interest indicates Bearish sentiment

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. Meritage Homes Corporation shares valued at $1,278,400 were sold by Michael R. Odell on Apr 28. At $127.84 per share, Michael R. Odell sold 10,000 shares. The insider’s holdings dropped to 25,000 shares worth approximately $3.26 million following the completion of this transaction.

Also, Lord Phillippe sold 3,900 shares, netting a total of over 491,517 in proceeds. Following the sale of shares at $126.03 each, the insider now holds 42,760 shares.

Before that, HADDOCK GERALD W had sold 2,000 shares from its account. In a trade valued at $249,280, the Director traded Meritage Homes Corporation shares for $124.64 each. Upon closing the transaction, the insider’s holdings decreased to 2,000 shares, worth approximately $0.78 million.

As published in their initiating research note from Deutsche Bank on June 01, 2023, Meritage Homes Corporation [MTH] has been a Buy and the price target has been revised to $200. This represents a 34.83% premium over Wednesday’s closing price.

Analyzing MTH Stock Performance

On Wednesday, Meritage Homes Corporation [NYSE: MTH] rose 1.28% to $130.35. The stock’s lowest price that day was $128.70, but it reached a high of $132.00 in the same session. During the last five days, there has been a surge of approximately 13.02%. Over the course of the year, Meritage Homes Corporation shares have jumped approximately 41.38%. Shares of the company reached a 52-week high of $132.00 on 06/07/23 and a 52-week low of $92.29 on 01/03/23. A 50-day SMA is recorded $121.91, while a 200-day SMA reached $98.05. Nevertheless, trading volume fell to 0.5 million shares from 0.36 million shares the previous day.

Support And Resistance Levels for Meritage Homes Corporation (MTH)

According to the 24-hour chart, there is a support level at 128.70, which, if violated, would cause prices to drop to 127.05. In the upper region, resistance lies at 132.00. The next price resistance is at 133.65. RSI (Relative Strength Index) is 63.25 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 6.23, which suggests the price will increase in the coming days. Percent R is at 9.02%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.

Is Meritage Homes Corporation subject to short interest?

Stocks of Meritage Homes Corporation saw a sharp rise in short interest on May 14, 2023 jumping by 0.13 million shares to 1.29 million. Data from Yahoo Finance shows that the short interest on Apr 13, 2023 was 1.16 million shares. A jump of 10.08% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 3.13 of the overall float, the days-to-cover ratio (short ratio) jumped to 3.13.

Which companies own the most shares of Meritage Homes Corporation (MTH)?

In terms of Meritage Homes Corporation share price expectations, FactSet research, analysts set an average price target of $151.88 in the next 12 months, up nearly 10.72% from the previous closing price of $128.70. Analysts anticipate Meritage Homes Corporation stock to reach $200.00 by 2023, with the lowest price target being $126.00. In spite of this, 11 analysts ranked Meritage Homes Corporation stock as an Overweight at the end of 2023.

WW short interest jump by 14.83%, reflecting negative sentiment

Jaxson Clark
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WW short interest jump by 14.83%, reflecting negative sentiment

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. WW International Inc. shares valued at $109,760 were purchased by KELLY DENIS F on May 11. At $6.86 per share, KELLY DENIS F acquired 16,000 shares. The insider’s holdings grew to 96,921 shares worth approximately $0.69 million following the completion of this transaction.

Also, Westend S.A. sold 14,818,300 shares, netting a total of over 105,950,845 in proceeds. Following the sale of shares at $7.15 each, the insider now holds 0 shares.

Before that, Stark Heather had added 10,000 shares to its account. In a trade valued at $38,500, the Interim Principal Fin. Officer bought WW International Inc. shares for $3.85 each. Upon closing the transaction, the insider’s holdings increased to 10,000 shares, worth approximately $94577.22.

As published in a research note from Goldman on April 11, 2023, WW International Inc. [WW] has been rated up from a Neutral to a Buy and the price target has been revised to $13 from $3.80. This represents a 45.31% premium over Wednesday’s closing price.

Analyzing WW Stock Performance

On Wednesday, WW International Inc. [NASDAQ: WW] plunged -1.93% to $7.11. The stock’s lowest price that day was $6.995, but it reached a high of $7.48 in the same session. During the last five days, there has been a surge of approximately 8.38%. Over the course of the year, WW International Inc. shares have jumped approximately 84.20%. Shares of the company reached a 52-week high of $10.02 on 05/08/23 and a 52-week low of $3.46 on 03/02/23. A 50-day SMA is recorded $6.98, while a 200-day SMA reached $5.03. Nevertheless, trading volume fell to 2.26 million shares from 2.84 million shares the previous day.

Support And Resistance Levels for WW International Inc. (WW)

According to the 24-hour chart, there is a support level at 6.91, which, if violated, would cause prices to drop to 6.71. In the upper region, resistance lies at 7.39. The next price resistance is at 7.68. RSI (Relative Strength Index) is 49.04 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.05, which suggests the price will decrease in the coming days. Percent R is at 57.39%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

Is WW International Inc. subject to short interest?

Stocks of WW International Inc. saw a sharp rise in short interest on May 14, 2023 jumping by 1.8 million shares to 12.14 million. Data from Yahoo Finance shows that the short interest on Apr 13, 2023 was 10.34 million shares. A jump of 14.83% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 1.53 of the overall float, the days-to-cover ratio (short ratio) jumped to 1.53.

Which companies own the most shares of WW International Inc. (WW)?

In terms of WW International Inc. share price expectations, FactSet research, analysts set an average price target of $7.90 in the next 12 months, up nearly 3.45% from the previous closing price of $7.25. Analysts anticipate WW International Inc. stock to reach $13.00 by 2023, with the lowest price target being $4.00. In spite of this, 7 analysts ranked WW International Inc. stock as an Overweight at the end of 2023.

Short interest on REI sees a significant decrease on May 14, 2023

Daniel Torres
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Short interest on REI sees a significant decrease on May 14, 2023

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Ring Energy Inc. shares valued at $42,500 were purchased by McKinney Paul D. on May 12. At $1.70 per share, McKinney Paul D. acquired 25,000 shares. The insider’s holdings grew to 1,345,192 shares worth approximately $2.58 million following the completion of this transaction.

Also, HARRIS RICHARD E sold 77,400 shares, netting a total of over 136,147 in proceeds. Following the sale of shares at $1.76 each, the insider now holds 227,694 shares.

Before that, McKinney Paul D. had added 50,000 shares to its account. In a trade valued at $89,000, the CEO and Chairman of the Board bought Ring Energy Inc. shares for $1.78 each. Upon closing the transaction, the insider’s holdings increased to 50,000 shares, worth approximately $2.53 million.

As published in a research note from ROTH Capital on August 01, 2022, Ring Energy Inc. [REI] has been rated down from a Buy to a Neutral and the price target has been revised to $7.50 from $4.90. This represents a 74.4% premium over Wednesday’s closing price.

Analyzing REI Stock Performance

On Wednesday, Ring Energy Inc. [AMEX: REI] rose 2.67% to $1.92. The stock’s lowest price that day was $1.88, but it reached a high of $2.02 in the same session. During the last five days, there has been a surge of approximately 12.94%. Over the course of the year, Ring Energy Inc. shares have dropped approximately -21.95%. Shares of the company reached a 52-week high of $2.5400 on 01/23/23 and a 52-week low of $1.6250 on 03/16/23. A 50-day SMA is recorded $1.8528, while a 200-day SMA reached $2.3679. Nevertheless, trading volume fell to 5.8 million shares from 1.87 million shares the previous day.

Support And Resistance Levels for Ring Energy Inc. (REI)

According to the 24-hour chart, there is a support level at 1.8600, which, if violated, would cause prices to drop to 1.8000. In the upper region, resistance lies at 2.0000. The next price resistance is at 2.0800. RSI (Relative Strength Index) is 57.16 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.0333, which suggests the price will decrease in the coming days. Percent R is at 30.30%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

Is Ring Energy Inc. subject to short interest?

Stocks of Ring Energy Inc. saw a sharp steep in short interest on May 14, 2023 dropping by -4.85 million shares to 15.49 million. Data from Yahoo Finance shows that the short interest on Apr 13, 2023 was 20.34 million shares. A decline of -31.31% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 7.43 of the overall float, the days-to-cover ratio (short ratio) decline to 7.43.

Which companies own the most shares of Ring Energy Inc. (REI)?

In terms of Ring Energy Inc. share price expectations, FactSet research, analysts set an average price target of $5.75 in the next 12 months, up nearly 207.49% from the previous closing price of $1.87. Analysts anticipate Ring Energy Inc. stock to reach $8.00 by 2023, with the lowest price target being $3.50. In spite of this, 3 analysts ranked Ring Energy Inc. stock as an Overweight at the end of 2023.

BNL’s short interest falls to 2.24 million shares

Anna Perez
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BNL’s short interest falls to 2.24 million shares

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. Broadstone Net Lease Inc. shares valued at $103,800 were purchased by Albano Ryan M on Mar 17. At $16.74 per share, Albano Ryan M acquired 6,200 shares. The insider’s holdings grew to 157,297 shares worth approximately $2.58 million following the completion of this transaction.

Also, Moragne John David purchased 5,982 shares, netting a total of over 100,019 in proceeds. Following the buying of shares at $16.72 each, the insider now holds 152,256 shares.

Before that, Fennell Kevin had added 3,250 shares to its account. In a trade valued at $53,462, the EVP & CFO bought Broadstone Net Lease Inc. shares for $16.45 each. Upon closing the transaction, the insider’s holdings increased to 3,250 shares, worth approximately $0.98 million.

As published in a research note from Truist on August 24, 2021, Broadstone Net Lease Inc. [BNL] has been rated down from a Buy to a Hold and the price target has been revised to $27 from $25. This represents a 39.22% premium over Wednesday’s closing price.

Analyzing BNL Stock Performance

On Wednesday, Broadstone Net Lease Inc. [NYSE: BNL] rose 1.17% to $16.41. The stock’s lowest price that day was $16.33, but it reached a high of $16.605 in the same session. During the last five days, there has been a surge of approximately 4.66%. Over the course of the year, Broadstone Net Lease Inc. shares have jumped approximately 1.23%. Shares of the company reached a 52-week high of $18.54 on 02/16/23 and a 52-week low of $15.09 on 05/26/23. A 50-day SMA is recorded $16.12, while a 200-day SMA reached $17.06. Nevertheless, trading volume fell to 1.61 million shares from 0.82 million shares the previous day.

Support And Resistance Levels for Broadstone Net Lease Inc. (BNL)

According to the 24-hour chart, there is a support level at 16.29, which, if violated, would cause prices to drop to 16.17. In the upper region, resistance lies at 16.57. The next price resistance is at 16.72. RSI (Relative Strength Index) is 58.29 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.38, which suggests the price will decrease in the coming days. Percent R is at 12.83%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.

Is Broadstone Net Lease Inc. subject to short interest?

Stocks of Broadstone Net Lease Inc. saw a sharp steep in short interest on May 14, 2023 dropping by -0.37 million shares to 2.24 million. Data from Yahoo Finance shows that the short interest on Apr 13, 2023 was 2.61 million shares. A decline of -16.52% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 2.51 of the overall float, the days-to-cover ratio (short ratio) decline to 2.51.

Which companies own the most shares of Broadstone Net Lease Inc. (BNL)?

In terms of Broadstone Net Lease Inc. share price expectations, FactSet research, analysts set an average price target of $20.20 in the next 12 months, up nearly 23.3% from the previous closing price of $16.22. Analysts anticipate Broadstone Net Lease Inc. stock to reach $22.00 by 2023, with the lowest price target being $19.00. In spite of this, 6 analysts ranked Broadstone Net Lease Inc. stock as an Overweight at the end of 2023.

Days-to-cover ratio for L declines to 2.09 due to decline in short interest

Samantha Gray
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0
Days-to-cover ratio for L declines to 2.09 due to decline in short interest

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Loews Corporation shares valued at $6,366,800 were purchased by Tisch Benjamin J on Jun 02. At $57.88 per share, Tisch Benjamin J acquired 110,000 shares. The insider’s holdings grew to 350,310 shares worth approximately $20.92 million following the completion of this transaction.

Also, Tisch Benjamin J purchased 110,000 shares, netting a total of over 6,215,000 in proceeds. Following the buying of shares at $56.50 each, the insider now holds 240,310 shares.

Before that, FRIBOURG PAUL J had sold 474 shares from its account. In a trade valued at $26,686, the Director traded Loews Corporation shares for $56.30 each. Upon closing the transaction, the insider’s holdings decreased to 474 shares, worth approximately $0.0.

As published in a research note from Deutsche Bank on November 02, 2016, Loews Corporation [L] has been retained to a Hold and the price target has been revised to $43. This represents a -38.88% premium over Wednesday’s closing price.

Analyzing L Stock Performance

On Wednesday, Loews Corporation [NYSE: L] rose 1.86% to $59.72. The stock’s lowest price that day was $58.46, but it reached a high of $59.93 in the same session. During the last five days, there has been a surge of approximately 6.64%. Over the course of the year, Loews Corporation shares have jumped approximately 2.38%. Shares of the company reached a 52-week high of $63.24 on 02/09/23 and a 52-week low of $52.85 on 03/24/23. A 50-day SMA is recorded $57.55, while a 200-day SMA reached $57.09. Nevertheless, trading volume fell to 0.62 million shares from 0.65 million shares the previous day.

Support And Resistance Levels for Loews Corporation (L)

According to the 24-hour chart, there is a support level at 58.81, which, if violated, would cause prices to drop to 57.90. In the upper region, resistance lies at 60.28. The next price resistance is at 60.84. RSI (Relative Strength Index) is 62.15 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.07, which suggests the price will increase in the coming days. Percent R is at 5.26%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.

Is Loews Corporation subject to short interest?

Stocks of Loews Corporation saw a sharp steep in short interest on May 14, 2023 dropping by -0.29 million shares to 1.43 million. Data from Yahoo Finance shows that the short interest on Apr 13, 2023 was 1.72 million shares. A decline of -20.28% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 2.09 of the overall float, the days-to-cover ratio (short ratio) decline to 2.09.

Which companies own the most shares of Loews Corporation (L)?

In terms of Loews Corporation share price expectations, FactSet research, analysts set an average price target of $52.00 in the next 12 months, down nearly -11.31% from the previous closing price of $58.63. Analysts anticipate Loews Corporation stock to reach $52.00 by 2023, with the lowest price target being $52.00. In spite of this, 1 analysts ranked Loews Corporation stock as a Hold at the end of 2023.

TXT’s short interest shows a sharp decline on May 14, 2023

Roman Campbell
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TXT’s short interest shows a sharp decline on May 14, 2023

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Textron Inc. shares valued at $16,307,179 were sold by DONNELLY SCOTT C on Feb 21. At $73.35 per share, DONNELLY SCOTT C sold 222,319 shares. The insider’s holdings dropped to 683,136 shares worth approximately $44.88 million following the completion of this transaction.

Also, Connor Frank T sold 63,361 shares, netting a total of over 4,647,735 in proceeds. Following the sale of shares at $73.35 each, the insider now holds 151,455 shares.

As published in a research note from Vertical Research on May 24, 2023, Textron Inc. [TXT] has been rated down from a Buy to a Hold and the price target has been revised to $70. This represents a 6.16% premium over Wednesday’s closing price.

Analyzing TXT Stock Performance

On Wednesday, Textron Inc. [NYSE: TXT] rose 3.29% to $65.69. The stock’s lowest price that day was $63.475, but it reached a high of $65.76 in the same session. During the last five days, there has been a surge of approximately 6.17%. Over the course of the year, Textron Inc. shares have dropped approximately -7.22%. Shares of the company reached a 52-week high of $76.11 on 02/03/23 and a 52-week low of $61.27 on 05/31/23. A 50-day SMA is recorded $66.26, while a 200-day SMA reached $67.75. Nevertheless, trading volume fell to 1.24 million shares from 1.02 million shares the previous day.

Support And Resistance Levels for Textron Inc. (TXT)

According to the 24-hour chart, there is a support level at 64.19, which, if violated, would cause prices to drop to 62.69. In the upper region, resistance lies at 66.48. The next price resistance is at 67.26. RSI (Relative Strength Index) is 55.46 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.62, which suggests the price will decrease in the coming days. Percent R is at 4.95%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.

Is Textron Inc. subject to short interest?

Stocks of Textron Inc. saw a sharp steep in short interest on May 14, 2023 dropping by -0.75 million shares to 5.79 million. Data from Yahoo Finance shows that the short interest on Apr 13, 2023 was 6.54 million shares. A decline of -12.95% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 3.92 of the overall float, the days-to-cover ratio (short ratio) decline to 3.92.

Which companies own the most shares of Textron Inc. (TXT)?

In terms of Textron Inc. share price expectations, FactSet research, analysts set an average price target of $81.28 in the next 12 months, up nearly 28.14% from the previous closing price of $63.60. Analysts anticipate Textron Inc. stock to reach $93.00 by 2023, with the lowest price target being $70.00. In spite of this, 15 analysts ranked Textron Inc. stock as an Overweight at the end of 2023.

Positive sentiment towards PRCT reflected by a fall of -11.36% in short interest

Jaxson Clark
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0
Positive sentiment towards PRCT reflected by a fall of -11.36% in short interest

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. PROCEPT BioRobotics Corporation shares valued at $772,515 were sold by Shiblaq Hisham on Apr 11. At $35.23 per share, Shiblaq Hisham sold 21,930 shares. The insider’s holdings dropped to 31,414 shares worth approximately $1.09 million following the completion of this transaction.

Also, Zadno Reza sold 5,335 shares, netting a total of over 169,866 in proceeds. Following the sale of shares at $31.84 each, the insider now holds 155,791 shares.

Before that, Waters Kevin had sold 706 shares from its account. In a trade valued at $22,479, the EVP, CFO traded PROCEPT BioRobotics Corporation shares for $31.84 each. Upon closing the transaction, the insider’s holdings decreased to 706 shares, worth approximately $1.95 million.

As published in their initiating research note from William Blair on May 31, 2023, PROCEPT BioRobotics Corporation [PRCT] has been an Outperform.

Analyzing PRCT Stock Performance

On Wednesday, PROCEPT BioRobotics Corporation [NASDAQ: PRCT] rose 3.55% to $34.73. The stock’s lowest price that day was $33.78, but it reached a high of $35.31 in the same session. During the last five days, there has been a surge of approximately 3.83%. Over the course of the year, PROCEPT BioRobotics Corporation shares have dropped approximately -16.39%. Shares of the company reached a 52-week high of $42.27 on 01/03/23 and a 52-week low of $25.29 on 04/27/23. A 50-day SMA is recorded $32.12, while a 200-day SMA reached $38.08. Nevertheless, trading volume fell to 0.56 million shares from 0.4 million shares the previous day.

Support And Resistance Levels for PROCEPT BioRobotics Corporation (PRCT)

According to the 24-hour chart, there is a support level at 33.90, which, if violated, would cause prices to drop to 33.08. In the upper region, resistance lies at 35.43. The next price resistance is at 36.14. RSI (Relative Strength Index) is 59.23 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.58, which suggests the price will decrease in the coming days. Percent R is at 12.18%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.

Is PROCEPT BioRobotics Corporation subject to short interest?

Stocks of PROCEPT BioRobotics Corporation saw a sharp steep in short interest on May 14, 2023 dropping by -0.25 million shares to 2.2 million. Data from Yahoo Finance shows that the short interest on Apr 13, 2023 was 2.45 million shares. A decline of -11.36% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 4.79 of the overall float, the days-to-cover ratio (short ratio) decline to 4.79.

Which companies own the most shares of PROCEPT BioRobotics Corporation (PRCT)?

In terms of PROCEPT BioRobotics Corporation share price expectations, FactSet research, analysts set an average price target of $49.86 in the next 12 months, up nearly 46.09% from the previous closing price of $33.54. Analysts anticipate PROCEPT BioRobotics Corporation stock to reach $60.00 by 2023, with the lowest price target being $39.00. In spite of this, 9 analysts ranked PROCEPT BioRobotics Corporation stock as a Buy at the end of 2023.

The Duckhorn Portfolio Inc. [NAPA] short interest falls, dropping by 1.06 million million shares

Daniel Torres
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0
The Duckhorn Portfolio Inc. [NAPA] short interest falls, dropping by 1.06 million million shares

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. The Duckhorn Portfolio Inc. shares valued at $92,100,000 were sold by Mallard Holdco, LLC on Apr 06. At $15.35 per share, Mallard Holdco, LLC sold 6,000,000 shares. The insider’s holdings dropped to 62,147,261 shares worth approximately $850.17 million following the completion of this transaction.

Also, Sullivan Sean B.A. sold 26,081 shares, netting a total of over 403,105 in proceeds. Following the sale of shares at $15.46 each, the insider now holds 135,651 shares.

Before that, Przybylinski Pete had sold 26,059 shares from its account. In a trade valued at $402,771, the insider traded The Duckhorn Portfolio Inc. shares for $15.46 each. Upon closing the transaction, the insider’s holdings decreased to 26,059 shares, worth approximately $5.32 million.

As published in a research note from Barclays on March 09, 2023, The Duckhorn Portfolio Inc. [NAPA] has been rated up from an Equal weight to an Overweight.

Analyzing NAPA Stock Performance

The stock’s lowest price that day was $13.415, but it reached a high of $13.79 in the same session. During the last five days, there has been a surge of approximately 4.99%. Over the course of the year, The Duckhorn Portfolio Inc. shares have dropped approximately -17.44%. Shares of the company reached a 52-week high of $16.98 on 01/26/23 and a 52-week low of $12.85 on 05/30/23. A 50-day SMA is recorded $14.51, while a 200-day SMA reached $15.46. Nevertheless, trading volume fell to 0.72 million shares from 0.7 million shares the previous day.

Support And Resistance Levels for The Duckhorn Portfolio Inc. (NAPA)

According to the 24-hour chart, there is a support level at 13.47, which, if violated, would cause prices to drop to 13.25. In the upper region, resistance lies at 13.84. The next price resistance is at 14.00. RSI (Relative Strength Index) is 45.10 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.23, which suggests the price will decrease in the coming days. Percent R is at 30.71%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

Is The Duckhorn Portfolio Inc. subject to short interest?

Stocks of The Duckhorn Portfolio Inc. saw a sharp steep in short interest on May 14, 2023 dropping by -0.78 million shares to 1.06 million. Data from Yahoo Finance shows that the short interest on Apr 13, 2023 was 1.84 million shares. A decline of -73.58% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 1.97 of the overall float, the days-to-cover ratio (short ratio) decline to 1.97.

Which companies own the most shares of The Duckhorn Portfolio Inc. (NAPA)?

In terms of The Duckhorn Portfolio Inc. share price expectations, FactSet research, analysts set an average price target of $19.63 in the next 12 months, up nearly 46.2% from the previous closing price of $13.68. Analysts anticipate The Duckhorn Portfolio Inc. stock to reach $23.00 by 2023, with the lowest price target being $17.00. In spite of this, 8 analysts ranked The Duckhorn Portfolio Inc. stock as a Buy at the end of 2023.

Singular Genomics Systems Inc. [OMIC] Records 200-Day SMA of $1.9922

Samantha Gray
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Singular Genomics Systems Inc. [OMIC] Records 200-Day SMA of $1.9922

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. Singular Genomics Systems Inc. shares valued at $138,924 were purchased by Glezer Eli N. on May 17. At $0.82 per share, Glezer Eli N. acquired 170,000 shares. The insider’s holdings grew to 4,355,000 shares worth approximately $3.75 million following the completion of this transaction.

Also, Glezer Eli N. purchased 50,000 shares, netting a total of over 100,000 in proceeds. Following the buying of shares at $2.00 each, the insider now holds 4,185,000 shares.

As published in a research note from UBS on August 17, 2022, Singular Genomics Systems Inc. [OMIC] has been rated down from a Buy to a Neutral and the price target has been revised to $4.50 from $10. This represents a 80.89% premium over Wednesday’s closing price.

Analyzing OMIC Stock Performance

On Wednesday, Singular Genomics Systems Inc. [NASDAQ: OMIC] plunged -7.67% to $0.86. The stock’s lowest price that day was $0.80, but it reached a high of $0.9672 in the same session. During the last five days, there has been a drop of approximately -18.52%. Over the course of the year, Singular Genomics Systems Inc. shares have dropped approximately -57.23%. Shares of the company reached a 52-week high of $3.0000 on 02/06/23 and a 52-week low of $0.7649 on 05/17/23. A 50-day SMA is recorded $1.0389, while a 200-day SMA reached $1.9922. Nevertheless, trading volume fell to 0.55 million shares from 0.28 million shares the previous day.

Support And Resistance Levels for Singular Genomics Systems Inc. (OMIC)

According to the 24-hour chart, there is a support level at 0.7840, which, if violated, would cause prices to drop to 0.7084. In the upper region, resistance lies at 0.9512. The next price resistance is at 1.0428. RSI (Relative Strength Index) is 40.08 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0792, which suggests the price will decrease in the coming days. Percent R is at 75.78%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.

Is Singular Genomics Systems Inc. subject to short interest?

Stocks of Singular Genomics Systems Inc. saw a sharp rise in short interest on May 14, 2023 jumping by 90000.0 shares to 2.18 million. Data from Yahoo Finance shows that the short interest on Apr 13, 2023 was 2.09 million shares. A jump of 4.13% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 13.68 of the overall float, the days-to-cover ratio (short ratio) jumped to 13.68.

Which companies own the most shares of Singular Genomics Systems Inc. (OMIC)?

In terms of Singular Genomics Systems Inc. share price expectations, FactSet research, analysts set an average price target of $1.95 in the next 12 months, up nearly 72.04% from the previous closing price of $0.93. Analysts anticipate Singular Genomics Systems Inc. stock to reach $3.00 by 2023, with the lowest price target being $1.25. In spite of this, 5 analysts ranked Singular Genomics Systems Inc. stock as a Hold at the end of 2023.

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