The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Talphera Inc. shares valued at $7,598 were purchased by Angotti Vincent J. on Aug 30 ’24. At $1.05 per share, Angotti Vincent J. acquired 7,260 shares. The insider’s holdings grew to 198,066 shares worth approximately $0.23 million following the completion of this transaction.
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Also, Angotti Vincent J. purchased 4,570 shares, netting a total of over 4,438 in proceeds. Following the buying of shares at $0.97 each, the insider now holds 179,502 shares.
Before that, Angotti Vincent J. had added 4,126 shares to its account. In a trade valued at $4,013, the CHIEF EXECUTIVE OFFICER bought Talphera Inc. shares for $0.97 each. Upon closing the transaction, the insider’s holdings increased to 4,126 shares, worth approximately $0.2 million.
As published in a research note from Credit Suisse on July 20, 2020, Talphera Inc. [TLPH] has been rated down from a Neutral to an Underperform. Analysts at Credit Suisse downgraded the stock from ‘”an Outperform”‘ to ‘”a Neutral”‘ outlook in a report released in mid November.
Analyzing TLPH Stock Performance
During the last five days, there has been a surge of approximately 45.00%. Over the course of the year, Talphera Inc. shares have jumped approximately 57.82%. Shares of the company reached a 52-week high of $1.6100 on 02/16/24 and a 52-week low of $0.7111 on 10/04/24. A 50-day SMA is recorded $0.8968, while a 200-day SMA reached $0.9897. Nevertheless, trading volume fell to 1.44 million shares from 51300.0 shares the previous day.
Support And Resistance Levels for Talphera Inc. (TLPH)
According to the 24-hour chart, there is a support level at 0.9300, which, if violated, would cause prices to drop to 0.7000. In the upper region, resistance lies at 1.2900. The next price resistance is at 1.4200. RSI (Relative Strength Index) is 75.04 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.1026, which suggests the price will decrease in the coming days. Percent R is at 6.26%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
Which companies own the most shares of Talphera Inc. (TLPH)?
On April 24, 2019, B. Riley FBR assigned a price target of “a Buy” to the stock and resumed coverage with a $6.50.
