Annexon Inc’s recently made public that its Director Carson William H. acquired Company’s shares for reported $19411.0 on Apr 08 ’24. In the deal valued at $6.07 per share,3,200 shares were bought. As a result of this transaction, Carson William H. now holds 3,200 shares worth roughly $19136.0.
Then, Yednock Ted sold 2,604 shares, generating $14,348 in total proceeds. Upon selling the shares at $5.51, the EVP & CHIEF INNOVATION OFFICER now owns 72,471 shares.
Before that, Lew Jennifer sold 2,593 shares. Annexon Inc shares valued at $14,339 were divested by the EVP & CHIEF FINANCIAL OFFICER at a price of $5.53 per share. As a result of the transaction, Lew Jennifer now holds 82,058 shares, worth roughly $0.49 million.
JP Morgan upgraded its Annexon Inc [ANNX] rating to an Overweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in late December from “a Neutral” to “a Buy”. Wells Fargo began covering ANNX with “an Overweight” recommendation on October 30, 2023. BofA Securities revised its rating on May 26, 2023. It rated ANNX as “a Neutral” which previously was an “a Buy”.
Price Performance Review of ANNX
On Friday, Annexon Inc [NASDAQ:ANNX] saw its stock fall -1.48% to $5.98. Over the last five days, the stock has lost -3.39%. Annexon Inc shares have risen nearly 31.72% since the year began. Nevertheless, the stocks have risen 24.32% over the past one year. While a 52-week high of $8.40 was reached on 03/27/24, a 52-week low of $1.57 was recorded on 02/05/24. SMA at 50 days reached $5.70, while 200 days put it at $3.68. A total of 1.3 million shares were traded, compared to the trading of 0.81 million shares in the previous session.
Levels Of Support And Resistance For ANNX Stock
The 24-hour chart illustrates a support level at 5.87, which if violated will result in even more drops to 5.76. On the upside, there is a resistance level at 6.08. A further resistance level may holdings at 6.18. The Relative Strength Index (RSI) on the 14-day chart is 48.25, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.43, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.72%. Stochastics %K at 11.02% indicates the stock is a buying.
