Verastem Inc’s filing revealed that its Chief Financial Officer Calkins Daniel unloaded Company’s shares for reported $65.0 on Apr 05 ’24. In the deal valued at $10.87 per share,6 shares were sold. As a result of this transaction, Calkins Daniel now holds 8,535 shares worth roughly $0.1 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Calkins Daniel sold 25 shares, generating $300 in total proceeds. Upon selling the shares at $12.02, the Chief Financial Officer now owns 8,541 shares.
Before that, Calkins Daniel sold 55 shares. Verastem Inc shares valued at $609 were divested by the Chief Financial Officer at a price of $11.07 per share. As a result of the transaction, Calkins Daniel now holds 8,566 shares, worth roughly $0.1 million.
A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who began to cover the stock in late September with a ‘”a Buy”‘ rating. Mizuho also remained covering VSTM and has increased its forecast on June 15, 2023 with a “Buy” recommendation from previously “Neutral” rating.
Price Performance Review of VSTM
On Tuesday, Verastem Inc [NASDAQ:VSTM] saw its stock jump 3.88% to $12.06. Over the last five days, the stock has lost -8.36%. Verastem Inc shares have risen nearly 48.16% since the year began. Nevertheless, the stocks have risen 123.33% over the past one year. While a 52-week high of $15.18 was reached on 02/06/24, a 52-week low of $4.93 was recorded on 01/03/24. SMA at 50 days reached $11.17, while 200 days put it at $9.74. A total of 0.39 million shares were traded, compared to the trading of 74721.0 shares in the previous session.
Levels Of Support And Resistance For VSTM Stock
The 24-hour chart illustrates a support level at 11.50, which if violated will result in even more drops to 10.95. On the upside, there is a resistance level at 12.53. A further resistance level may holdings at 13.01. The Relative Strength Index (RSI) on the 14-day chart is 56.28, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.08, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 39.35%. Stochastics %K at 52.23% indicates the stock is a holding.
