NeuroPace Inc’s recent filing unveils that its 10% Owner KCK LTD. unloaded Company’s shares for reported $24853.0 on Oct 22 ’24. In the deal valued at $6.09 per share,4,082 shares were sold. As a result of this transaction, KCK LTD. now holds 5,494,983 shares worth roughly $34.89 million.
Then, KCK LTD. sold 4,878 shares, generating $30,692 in total proceeds. Upon selling the shares at $6.29, the 10% Owner now owns 5,502,785 shares.
Before that, KCK LTD. sold 3,720 shares. NeuroPace Inc shares valued at $22,679 were divested by the 10% Owner at a price of $6.10 per share. As a result of the transaction, KCK LTD. now holds 5,499,065 shares, worth roughly $34.92 million.
Wells Fargo upgraded its NeuroPace Inc [NPCE] rating to an Overweight from a an Equal weight in a research note published on March 14, 2024; the price target was increased to $20 from $16. A number of analysts have revised their coverage, including Leerink Partners’s analysts, who began to cover the stock in late January with a ‘”an Outperform”‘ rating. Cantor Fitzgerald began covering NPCE with “an Overweight” recommendation on November 10, 2023. Morgan Stanley revised its rating on August 24, 2023. It rated NPCE as “an Equal-weight” which previously was an “an Underweight”.
Price Performance Review of NPCE
On Friday, NeuroPace Inc [NASDAQ:NPCE] saw its stock jump 5.13% to $6.35. Over the last five days, the stock has lost -1.85%. NeuroPace Inc shares have fallen nearly -38.41% since the year began. Nevertheless, the stocks have fallen -0.78% over the past one year. While a 52-week high of $18.15 was reached on 02/20/24, a 52-week low of $5.66 was recorded on 10/25/24. SMA at 50 days reached $6.95, while 200 days put it at $10.08.
Levels Of Support And Resistance For NPCE Stock
The 24-hour chart illustrates a support level at 5.70, which if violated will result in even more drops to 5.04. On the upside, there is a resistance level at 6.76. A further resistance level may holdings at 7.16. The Relative Strength Index (RSI) on the 14-day chart is 45.68, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.19, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 34.31%. Stochastics %K at 37.74% indicates the stock is a holding.
How much short interest is there in NeuroPace Inc?
A steep rise in short interest was recorded in NeuroPace Inc stocks on 2024-10-15, growing by 2841.0 shares to a total of 0.51 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 0.51 million shares. There was a rise of 0.56%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on February 22, 2023 when Lake Street began covering the stock and recommended ‘”a Buy”‘ rating along with a $10 price target.
