KD Logo

Cytek BioSciences Inc [CTKB] Insider Yan Ming sells 20,000 Shares – Company Insider Activity

ZOM Stock

Cytek BioSciences Inc’s recent filing unveils that its CHIEF TECHNOLOGY OFFICER Yan Ming unloaded Company’s shares for reported $0.12 million on Apr 19 ’24. In the deal valued at $5.87 per share,20,000 shares were sold. As a result of this transaction, Yan Ming now holds 5,988,502 shares worth roughly $36.11 million.

Then, Yan Ming sold 1,900 shares, generating $13,304 in total proceeds. Upon selling the shares at $7.00, the CHIEF TECHNOLOGY OFFICER now owns 6,008,502 shares.

Before that, Yan Ming sold 20,000 shares. Cytek BioSciences Inc shares valued at $134,200 were divested by the CHIEF TECHNOLOGY OFFICER at a price of $6.71 per share. As a result of the transaction, Yan Ming now holds 6,010,402 shares, worth roughly $36.24 million.

Stephens initiated its Cytek BioSciences Inc [CTKB] rating to an Overweight in a research note published on December 14, 2023; the price target was $9. A number of analysts have revised their coverage, including Raymond James’s analysts, who began to cover the stock in mid July with a ‘”a Mkt perform”‘ rating.

Price Performance Review of CTKB

On Monday, Cytek BioSciences Inc [NASDAQ:CTKB] saw its stock jump 4.69% to $6.03. Over the last five days, the stock has gained 3.97%. Cytek BioSciences Inc shares have fallen nearly -33.88% since the year began. Nevertheless, the stocks have fallen -44.88% over the past one year. While a 52-week high of $12.31 was reached on 03/04/24, a 52-week low of $3.80 was recorded on 04/25/24. SMA at 50 days reached $6.94, while 200 days put it at $7.22. A total of 0.84 million shares were traded, compared to the trading of 0.48 million shares in the previous session.

Levels Of Support And Resistance For CTKB Stock

The 24-hour chart illustrates a support level at 5.84, which if violated will result in even more drops to 5.65. On the upside, there is a resistance level at 6.23. A further resistance level may holdings at 6.44. The Relative Strength Index (RSI) on the 14-day chart is 43.31, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.14, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 53.04%. Stochastics %K at 24.58% indicates the stock is a holding.

Most Popular

[the_ad id="945"]