Repligen Corp.’s filing revealed that its Senior VP, R&D KURIYEL RALF unloaded Company’s shares for reported $0.68 million on Mar 11 ’24. In the deal valued at $193.73 per share,3,517 shares were sold. As a result of this transaction, KURIYEL RALF now holds 24,260 shares worth roughly $4.16 million.
Then, Hunt Anthony sold 16,707 shares, generating $3,298,632 in total proceeds. Upon selling the shares at $197.44, the Chief Executive Officer now owns 185,249 shares.
Before that, DAWES KAREN A sold 1,000 shares. Repligen Corp. shares valued at $193,350 were divested by the Director at a price of $193.35 per share. As a result of the transaction, DAWES KAREN A now holds 87,367 shares, worth roughly $14.96 million.
The Benchmark Company downgraded its Repligen Corp. [RGEN] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in mid July with a ‘”an Overweight”‘ rating. The Benchmark Company started covering the stock on March 28, 2023. It rated RGEN as “a Buy”.
Price Performance Review of RGEN
On Tuesday, Repligen Corp. [NASDAQ:RGEN] saw its stock jump 8.76% to $171.28. Over the last five days, the stock has gained 4.33%. Repligen Corp. shares have fallen nearly -4.74% since the year began. Nevertheless, the stocks have risen 3.12% over the past one year. While a 52-week high of $211.13 was reached on 02/16/24, a 52-week low of $110.45 was recorded on 04/18/24. SMA at 50 days reached $186.86, while 200 days put it at $170.29. A total of 0.93 million shares were traded, compared to the trading of 0.29 million shares in the previous session.
Levels Of Support And Resistance For RGEN Stock
The 24-hour chart illustrates a support level at 166.38, which if violated will result in even more drops to 161.47. On the upside, there is a resistance level at 175.24. A further resistance level may holdings at 179.20. The Relative Strength Index (RSI) on the 14-day chart is 45.97, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.66, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 36.41%. Stochastics %K at 32.57% indicates the stock is a holding.
The most recent change occurred on December 14, 2022 when Deutsche Bank began covering the stock and recommended ‘”a Hold”‘ rating along with a $180 price target.
