Repligen Corp.’s recently made public that its Director Hunt Anthony unloaded Company’s shares for reported $3.23 million on Sep 10 ’24. In the deal valued at $145.37 per share,22,191 shares were sold. As a result of this transaction, Hunt Anthony now holds 139,840 shares worth roughly $20.55 million.
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Then, Hunt Anthony bought 22,191 shares, generating $3,211,481 in total proceeds.
Before that, KURIYEL RALF sold 7,148 shares. Repligen Corp. shares valued at $1,139,016 were divested by the Senior VP, R&D at a price of $159.35 per share. As a result of the transaction, KURIYEL RALF now holds 12,288 shares, worth roughly $1.81 million.
Wells Fargo initiated its Repligen Corp. [RGEN] rating to an Overweight in a research note published on August 28, 2024; the price target was $180. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who increased its forecast for the stock in late June from “a Hold” to “a Buy”. Guggenheim began covering RGEN with “Neutral” recommendation on June 18, 2024. The Benchmark Company revised its rating on December 04, 2023. It rated RGEN as “a Hold” which previously was an “a Buy”.
Price Performance Review of RGEN
On Friday, Repligen Corp. [NASDAQ:RGEN] saw its stock jump 3.38% to $146.95. Over the last five days, the stock has gained 5.86%. Repligen Corp. shares have fallen nearly -18.27% since the year began. Nevertheless, the stocks have risen 3.12% over the past one year. While a 52-week high of $211.13 was reached on 02/16/24, a 52-week low of $110.45 was recorded on 06/20/24. SMA at 50 days reached $145.68, while 200 days put it at $161.39.
Levels Of Support And Resistance For RGEN Stock
The 24-hour chart illustrates a support level at 143.00, which if violated will result in even more drops to 139.04. On the upside, there is a resistance level at 149.19. A further resistance level may holdings at 151.42. The Relative Strength Index (RSI) on the 14-day chart is 55.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.31, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 34.47%. Stochastics %K at 46.01% indicates the stock is a holding.
How much short interest is there in Repligen Corp.?
A steep rise in short interest was recorded in Repligen Corp. stocks on 2024-09-30, dropping by -0.25 million shares to a total of 3.8 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 4.05 million shares. There was a decline of -6.44%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on July 20, 2023 when Wells Fargo began covering the stock and recommended ‘”an Overweight”‘ rating along with a $185 price target.
