Xeris Biopharma Holdings Inc [XERS] Director makes an insider purchase of 4,515 shares worth 10147.0.

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. Xeris Biopharma Holdings Inc shares valued at $10,147 were purchased by Schmid John P. on Aug 12 ’24. At $2.25 per share, Schmid John P. acquired 4,515 shares. The insider’s holdings grew to 25,200 shares worth approximately $78372.0 following the completion of this transaction.

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Also, Schmid John P. purchased 4,285 shares, netting a total of over 10,134 in proceeds. Following the buying of shares at $2.37 each, the insider now holds 20,685 shares.

Before that, Schmid John P. had added 5,400 shares to its account. In a trade valued at $10,314, the Director bought Xeris Biopharma Holdings Inc shares for $1.91 each. Upon closing the transaction, the insider’s holdings increased to 5,400 shares, worth approximately $51004.0.

As published in their initiating research note from Oppenheimer on March 28, 2024, Xeris Biopharma Holdings Inc [XERS] has been an Outperform and the price target has been revised to $5. Analysts at Craig Hallum started covering the stock with ‘”a Buy”‘ outlook in a report released in late August. As of October 21, 2022, Jefferies has initiated its “Buy” rating for XERS. Earlier on April 28, 2022, Craig Hallum initiated its rating. Their recommendation was “a Buy” for XERS stock.

Analyzing XERS Stock Performance

During the last five days, there has been a surge of approximately 2.30%. Over the course of the year, Xeris Biopharma Holdings Inc shares have jumped approximately 32.34%. Nevertheless, trading volume fell to 1.23 million shares from 1.06 million shares the previous day.