Atricure Inc’s filing revealed that its Chief Mktg & Strategy Officer Noznesky Justin J unloaded Company’s shares for reported $45585.0 on Apr 01 ’24. In the deal valued at $30.39 per share,1,500 shares were sold. As a result of this transaction, Noznesky Justin J now holds 72,784 shares worth roughly $1.67 million.
Then, Dahlquist Karl S. sold 1,885 shares, generating $60,622 in total proceeds. Upon selling the shares at $32.16, the Chief Legal Officer now owns 50,954 shares.
Before that, Noznesky Justin J sold 1,500 shares. Atricure Inc shares valued at $55,080 were divested by the Chief Mktg & Strategy Officer at a price of $36.72 per share. As a result of the transaction, Noznesky Justin J now holds 74,284 shares, worth roughly $1.7 million.
JMP Securities initiated its Atricure Inc [ATRC] rating to a Mkt outperform in a research note published on October 23, 2023; the price target was $60. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in late September with a ‘”a Buy”‘ rating. Oppenheimer also remained covering ATRC and has decreased its forecast on August 05, 2021 with a “Perform” recommendation from previously “an Outperform” rating. Needham maintained its rating on December 18, 2020. It rated ATRC as “a Buy”.
Price Performance Review of ATRC
On Monday, Atricure Inc [NASDAQ:ATRC] saw its stock fall -4.94% to $22.90. Over the last five days, the stock has lost -13.72%. Atricure Inc shares have fallen nearly -35.84% since the year began. Nevertheless, the stocks have fallen -47.10% over the past one year. While a 52-week high of $59.61 was reached on 03/07/24, a 52-week low of $23.71 was recorded on 04/15/24. SMA at 50 days reached $31.66, while 200 days put it at $39.23. A total of 1.32 million shares were traded, compared to the trading of 0.58 million shares in the previous session.
Levels Of Support And Resistance For ATRC Stock
The 24-hour chart illustrates a support level at 22.08, which if violated will result in even more drops to 21.26. On the upside, there is a resistance level at 24.12. A further resistance level may holdings at 25.33. The Relative Strength Index (RSI) on the 14-day chart is 24.26, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.84, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.81%. Stochastics %K at 4.25% indicates the stock is a buying.
The most recent change occurred on November 06, 2020 when Needham resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $53.
