Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Voyager Therapeutics Inc shares valued at $119,454 were sold by Sandrock Alfred on Apr 02 ’24. At $9.86 per share, Sandrock Alfred sold 12,115 shares. The insider’s holdings dropped to 322,839 shares worth approximately $2.5 million following the completion of this transaction.
Also, Swartz Robin sold 1,357 shares, netting a total of over 13,407 in proceeds. Following the sale of shares at $9.88 each, the insider now holds 117,004 shares.
Before that, Sandrock Alfred had sold 13,033 shares from its account. In a trade valued at $97,226, the President and CEO traded Voyager Therapeutics Inc shares for $7.46 each. Upon closing the transaction, the insider’s holdings decreased to 13,033 shares, worth approximately $2.59 million.
As published in their initiating research note from Guggenheim on March 26, 2024, Voyager Therapeutics Inc [VYGR] has been a Buy and the price target has been revised to $22. Analysts at H.C. Wainwright started covering the stock with ‘”a Buy”‘ outlook in a report released in mid March. As of March 07, 2024, Citigroup has initiated its “Buy” rating for VYGR. Earlier on January 02, 2024, Wells Fargo upgraded its rating. Their new recommendation was “an Overweight” for VYGR stock which previously was a “an Equal weight”.
Analyzing VYGR Stock Performance
During the last five days, there has been a drop of approximately -12.34%. Over the course of the year, Voyager Therapeutics Inc shares have dropped approximately -8.29%. Shares of the company reached a 52-week high of $11.72 on 01/02/24 and a 52-week low of $7.01 on 01/17/24. A 50-day SMA is recorded $8.75, while a 200-day SMA reached $8.32. Nevertheless, trading volume fell to 0.78 million shares from 0.45 million shares the previous day.
Support And Resistance Levels for Voyager Therapeutics Inc (VYGR)
According to the 24-hour chart, there is a support level at 7.61, which, if violated, would cause prices to drop to 7.49. In the upper region, resistance lies at 7.95. The next price resistance is at 8.17. RSI (Relative Strength Index) is 36.20 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.99, which suggests the price will decrease in the coming days. Percent R is at 98.65%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
