Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. HilleVax Inc shares valued at $86,640 were sold by Kohli Aditya on Apr 05 ’24. At $14.44 per share, Kohli Aditya sold 6,000 shares. The insider’s holdings dropped to 789,776 shares worth approximately $9.37 million following the completion of this transaction.
Also, Frazier Life Sciences X, L.P. purchased 8,850 shares, netting a total of over 128,325 in proceeds. Following the buying of shares at $14.50 each, the insider now holds 8,544,187 shares.
Before that, Kohli Aditya had sold 6,000 shares from its account. In a trade valued at $88,245, the Director traded HilleVax Inc shares for $14.71 each. Upon closing the transaction, the insider’s holdings decreased to 6,000 shares, worth approximately $9.44 million.
As published in their initiating research note from H.C. Wainwright on December 13, 2023, HilleVax Inc [HLVX] has been a Buy and the price target has been revised to $28.
Analyzing HLVX Stock Performance
During the last five days, there has been a drop of approximately -20.51%. Over the course of the year, HilleVax Inc shares have dropped approximately -26.11%. Shares of the company reached a 52-week high of $20.22 on 03/04/24 and a 52-week low of $11.80 on 04/18/24. A 50-day SMA is recorded $16.05, while a 200-day SMA reached $14.41. Nevertheless, trading volume fell to 1.14 million shares from 52500.0 shares the previous day.
Support And Resistance Levels for HilleVax Inc (HLVX)
According to the 24-hour chart, there is a support level at 11.59, which, if violated, would cause prices to drop to 11.32. In the upper region, resistance lies at 12.34. The next price resistance is at 12.82. RSI (Relative Strength Index) is 26.85 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.79, which suggests the price will decrease in the coming days. Percent R is at 98.77%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
