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 $1.7 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 $1.74 million.
Oppenheimer upgraded its Atricure Inc [ATRC] rating to an Outperform from a a Perform in a research note published recently. A number of analysts have revised their coverage, including JMP Securities’s analysts, who began to cover the stock in late October with a ‘”a Mkt outperform”‘ rating. UBS began covering ATRC with “Buy” recommendation on September 29, 2023. Oppenheimer revised its rating on August 05, 2021. It rated ATRC as “a Perform” which previously was an “an Outperform”.
Price Performance Review of ATRC
On Monday, Atricure Inc [NASDAQ:ATRC] saw its stock jump 0.86% to $23.37. Over the last five days, the stock has gained 2.91%. Atricure Inc shares have fallen nearly -34.52% since the year began. Nevertheless, the stocks have fallen -45.05% over the past one year. While a 52-week high of $59.61 was reached on 03/07/24, a 52-week low of $22.07 was recorded on 04/25/24. SMA at 50 days reached $29.69, while 200 days put it at $37.90. A total of 0.71 million shares were traded, compared to the trading of 0.42 million shares in the previous session.
Levels Of Support And Resistance For ATRC Stock
The 24-hour chart illustrates a support level at 22.89, which if violated will result in even more drops to 22.42. On the upside, there is a resistance level at 23.96. A further resistance level may holdings at 24.56. The Relative Strength Index (RSI) on the 14-day chart is 34.04, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.48, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.90%. Stochastics %K at 18.20% indicates the stock is a buying.
The most recent change occurred on December 18, 2020 when Needham resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $63.
