Agenus Inc’s filing revealed that its insider ARMEN GARO H acquired Company’s shares for reported $0.32 million on Feb 15 ’24. In the deal valued at $0.65 per share,500,000 shares were bought. As a result of this transaction, ARMEN GARO H now holds 625,969 shares worth roughly $5.1 million.
Then, WIINBERG ULF bought 25,000 shares, generating $19,000 in total proceeds. Upon buying the shares at $0.76, the Director now owns 124,063 shares.
Before that, AGENUS INC bought 429 shares. Agenus Inc shares valued at $472 were divested by the 10% Owner at a price of $1.10 per share. As a result of the transaction, AGENUS INC now holds 21,772,863 shares, worth roughly $177.45 million.
Robert W. Baird initiated its Agenus Inc [AGEN] rating to an Outperform in a research note published on June 06, 2023; the price target was $8. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who began to cover the stock in early June with a ‘”an Outperform”‘ rating. SMBC Nikko started covering the stock on September 28, 2022. It rated AGEN as “an Outperform”.
Price Performance Review of AGEN
On Friday, Agenus Inc [NASDAQ:AGEN] saw its stock fall -8.12% to $8.15. Over the last five days, the stock has lost -19.10%. Agenus Inc shares have fallen nearly -50.78% since the year began. Nevertheless, the stocks have fallen -68.30% over the past one year. While a 52-week high of $42.60 was reached on 02/14/24, a 52-week low of $8.20 was recorded on 04/12/24. SMA at 50 days reached $12.50, while 200 days put it at $19.18. A total of 1.39 million shares were traded, compared to the trading of 0.35 million shares in the previous session.
Levels Of Support And Resistance For AGEN Stock
The 24-hour chart illustrates a support level at 7.16, which if violated will result in even more drops to 6.17. On the upside, there is a resistance level at 9.00. A further resistance level may holdings at 9.85. The Relative Strength Index (RSI) on the 14-day chart is 29.79, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.52, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 76.51%. Stochastics %K at 20.61% indicates the stock is a holding.
The most recent change occurred on December 16, 2021 when H.C. Wainwright began covering the stock and recommended ‘”a Buy”‘ rating along with a $12 price target.
