GeneDx Holdings Corp. (NASDAQ:WGS – Get Free Report) CEO Katherine Stueland sold 1,653 shares of the firm’s stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of $94.00, for a total value of $155,382.00. Following the transaction, the chief executive officer owned 16,458 shares in the company, valued at approximately $1,547,052. This trade represents a 9.13% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Katherine Stueland also recently made the following trade(s):
- On Tuesday, December 16th, Katherine Stueland sold 10,857 shares of GeneDx stock. The shares were sold at an average price of $143.89, for a total value of $1,562,213.73.
- On Tuesday, December 9th, Katherine Stueland sold 3,639 shares of GeneDx stock. The stock was sold at an average price of $159.28, for a total transaction of $579,619.92.
GeneDx Stock Down 3.8%
Shares of NASDAQ WGS opened at $95.23 on Wednesday. GeneDx Holdings Corp. has a 52-week low of $55.17 and a 52-week high of $170.87. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.59 and a current ratio of 2.71. The stock has a market cap of $2.75 billion, a P/E ratio of 1,058.11 and a beta of 2.00. The firm has a 50 day moving average price of $131.03 and a 200 day moving average price of $125.13.
Institutional Trading of GeneDx
Key Headlines Impacting GeneDx
Here are the key news stories impacting GeneDx this week:
- Positive Sentiment: Analyst consensus remains favorable — the stock carries a “Moderate Buy” consensus and several firms have recently reaffirmed or raised price targets, which supports longer-term upside. Analyst Consensus
- Neutral Sentiment: Institutional ownership is sizable (~61.7%) with modest quarter-to-quarter adjustments by some funds; that large institutional base can dampen short-term volatility but also concentrates moves when sentiment shifts. Institutional & Insider Summary
- Neutral Sentiment: Reported short-interest data in the recent update is effectively zero/insignificant (likely a data anomaly), so short-covering dynamics are not a clear driver of today’s move. No clear short squeeze risk is indicated.
- Negative Sentiment: Multiple insider sales by senior executives: COO Bryan Dechairo sold 3,413 shares (~$339.7k) and CEO Katherine Stueland sold 1,653 shares (both late January transactions disclosed in SEC filings). Such clustered insider selling by C‑suite members can signal to the market a reduced near-term insider conviction. COO Form 4 CEO Form 4
- Negative Sentiment: CFO Kevin Feeley also sold shares (317 shares reported), adding to the pattern of insider sales and amplifying investor concern about executive liquidity events. CFO Sale
- Negative Sentiment: Technical picture is unfavorable: the share price sits well below the 50-day and 200-day moving averages cited in recent summaries, which can prompt momentum selling from traders using technical triggers. Price & Technicals
Wall Street Analysts Forecast Growth
WGS has been the topic of several recent analyst reports. BTIG Research lifted their target price on GeneDx from $165.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, December 12th. Wall Street Zen upgraded GeneDx from a “hold” rating to a “buy” rating in a report on Saturday. Guggenheim reissued a “buy” rating and set a $170.00 target price (up from $115.00) on shares of GeneDx in a research note on Wednesday, October 29th. Weiss Ratings restated a “sell (d)” rating on shares of GeneDx in a report on Wednesday, January 21st. Finally, Canaccord Genuity Group lifted their price target on shares of GeneDx from $160.00 to $170.00 and gave the company a “buy” rating in a research note on Monday, December 22nd. Six equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $138.13.
Read Our Latest Research Report on WGS
About GeneDx
GeneDx is a clinical diagnostics company specializing in comprehensive genetic and genomic testing for rare and inherited disorders. The company offers a broad portfolio of assays, including targeted gene panels, whole exome sequencing, whole genome sequencing and chromosomal microarray analysis. GeneDx’s laboratory services support the diagnosis of a wide range of conditions—from rare pediatric diseases and hereditary cancer syndromes to neuromuscular and metabolic disorders—by providing clinicians with detailed variant interpretation and reporting.
Founded in 2000 and based in Gaithersburg, Maryland, GeneDx was established with the aim of accelerating the translation of genomic discoveries into clinical care.
Read More
- Five stocks we like better than GeneDx
- Your Bank Account Is No Longer Safe
- Ray Dalio Says Buy Gold. I Say Get Paid Every Month From It
- 1 Hour Once A Day
- [No Brainer Gold Play]: “Show me a better investment.”
- What a Former CIA Agent Knows About the Coming Collapse
Receive News & Ratings for GeneDx Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GeneDx and related companies with MarketBeat.com's FREE daily email newsletter.
