OmniAb Inc’s recent filing unveils that its Executive VP, Finance and CFO GUSTAFSON KURT A unloaded Company’s shares for reported $36648.0 on Apr 08 ’24. In the deal valued at $5.27 per share,6,954 shares were sold. As a result of this transaction, GUSTAFSON KURT A now holds 176,697 shares worth roughly $0.83 million.
Then, Berkman Charles S sold 6,954 shares, generating $36,648 in total proceeds. Upon selling the shares at $5.27, the Chief Legal Officer now owns 292,617 shares.
Before that, GUSTAFSON KURT A sold 11,849 shares. OmniAb Inc shares valued at $64,696 were divested by the Executive VP, Finance & CFO at a price of $5.46 per share. As a result of the transaction, GUSTAFSON KURT A now holds 170,110 shares, worth roughly $0.8 million.
RBC Capital Mkts initiated its OmniAb Inc [OABI] rating to an Outperform in a research note published on November 29, 2023; the price target was $6. A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who began to cover the stock in late April with a ‘”a Buy”‘ rating. Craig Hallum began covering OABI with “Buy” recommendation on April 13, 2023. Cowen started covering the stock on February 22, 2023. It rated OABI as “an Outperform”.
Price Performance Review of OABI
On Monday, OmniAb Inc [NASDAQ:OABI] saw its stock jump 0.86% to $4.71. Over the last five days, the stock has gained 3.74%. OmniAb Inc shares have fallen nearly -23.66% since the year began. Nevertheless, the stocks have risen 36.92% over the past one year. While a 52-week high of $6.72 was reached on 01/09/24, a 52-week low of $3.14 was recorded on 04/26/24. SMA at 50 days reached $5.19, while 200 days put it at $5.30. A total of 0.61 million shares were traded, compared to the trading of 0.42 million shares in the previous session.
Levels Of Support And Resistance For OABI Stock
The 24-hour chart illustrates a support level at 4.63, which if violated will result in even more drops to 4.56. On the upside, there is a resistance level at 4.76. A further resistance level may holdings at 4.82. The Relative Strength Index (RSI) on the 14-day chart is 44.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 32.61%. Stochastics %K at 48.38% indicates the stock is a holding.
The most recent change occurred on February 13, 2023 when H.C. Wainwright began covering the stock and recommended ‘”a Buy”‘ rating along with a $11 price target.
