Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Wave Life Sciences Ltd. shares valued at $2,855,051 were sold by Francis Chris on Oct 16 ’24. At $13.67 per share, Francis Chris sold 208,836 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, BOLNO PAUL sold 90,474 shares, netting a total of over 1,357,110 in proceeds. Following the sale of shares at $15.00 each, the insider now holds 268,585 shares.
Before that, CHRISTOPHER FRANCIS had added 208,836 shares to its account. In a trade valued at $2,855,051, the Officer bought Wave Life Sciences Ltd. shares for $13.67 each.
As published in a research note from Raymond James on October 16, 2024, Wave Life Sciences Ltd. [WVE] has been rated up from an Outperform to a Strong buy and the price target has been revised to $22. As of September 19, 2024, B. Riley Securities has initiated its “Buy” rating for WVE. Earlier on September 09, 2024, JP Morgan initiated its rating. Their recommendation was “an Overweight” for WVE stock.
Analyzing WVE Stock Performance
During the last five days, there has been a drop of approximately -2.39%. Over the course of the year, Wave Life Sciences Ltd. shares have jumped approximately 183.56%. Shares of the company reached a 52-week high of $15.92 on 10/17/24 and a 52-week low of $3.50 on 02/14/24. A 50-day SMA is recorded $8.55, while a 200-day SMA reached $6.26. Nevertheless, trading volume fell to 1.74 million shares from 1.4 million shares the previous day.
Support And Resistance Levels for Wave Life Sciences Ltd. (WVE)
According to the 24-hour chart, there is a support level at 14.04, which, if violated, would cause prices to drop to 13.75. In the upper region, resistance lies at 14.69. The next price resistance is at 15.05. RSI (Relative Strength Index) is 69.67 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.22, which suggests the price will increase in the coming days. Percent R is at 20.59%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
