ATAI Life Sciences N.V.’s recent filing unveils that its insider Brand Florian unloaded Company’s shares for reported $0.29 million on May 16 ’24. In the deal valued at $1.92 per share,151,303 shares were sold. As a result of this transaction, Brand Florian now holds 328,697 shares worth roughly $0.43 million.
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Then, Rao Srinivas sold 61,640 shares, generating $114,034 in total proceeds. Upon selling the shares at $1.85, the insider now owns 113,360 shares.
Before that, Kirpekar Sahil sold 35,801 shares. ATAI Life Sciences N.V. shares valued at $66,232 were divested by the Chief Business Officer at a price of $1.85 per share. As a result of the transaction, Kirpekar Sahil now holds 64,199 shares, worth roughly $83458.7.
Maxim Group upgraded its ATAI Life Sciences N.V. [ATAI] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Loop Capital’s analysts, who began to cover the stock in early November with a ‘”a Buy”‘ rating. Maxim Group began covering ATAI with “Buy” recommendation on November 30, 2021. ROTH Capital started covering the stock on November 11, 2021. It rated ATAI as “a Buy”.
Price Performance Review of ATAI
On Tuesday, ATAI Life Sciences N.V. [NASDAQ:ATAI] saw its stock fall -3.70% to $1.30. Over the last five days, the stock has lost -3.70%. ATAI Life Sciences N.V. shares have fallen nearly -7.80% since the year began. Nevertheless, the stocks have fallen -24.42% over the past one year. While a 52-week high of $2.85 was reached on 04/04/24, a 52-week low of $1.02 was recorded on 06/20/24. SMA at 50 days reached $1.6584, while 200 days put it at $1.6072. A total of 0.54 million shares were traded, compared to the trading of 1.03 million shares in the previous session.
Levels Of Support And Resistance For ATAI Stock
The 24-hour chart illustrates a support level at 1.2600, which if violated will result in even more drops to 1.2200. On the upside, there is a resistance level at 1.3700. A further resistance level may holdings at 1.4400. The Relative Strength Index (RSI) on the 14-day chart is 37.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0062, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.14%. Stochastics%K at 27.38% indicates the stock is a holding.
The most recent change occurred on October 18, 2021 when H.C. Wainwright began covering the stock and recommended ‘”a Buy”‘ rating along with a $40 price target.
