Viridian Therapeutics Inc’s recent filing unveils that its Chief Operating Officer Beetham Thomas W. acquired Company’s shares for reported $0.12 million on Sep 27 ’24. In the deal valued at $23.41 per share,5,000 shares were bought. As a result of this transaction, Beetham Thomas W. now holds 6,000 shares worth roughly $0.13 million.
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
Then, Mahoney Stephen F. bought 21,400 shares, generating $499,262 in total proceeds. Upon buying the shares at $23.33, the President and CEO now owns 21,400 shares.
Before that, Fairmount Funds Management LLC bought 1,600,000 shares. Viridian Therapeutics Inc shares valued at $30,000,000 were divested by the Director at a price of $18.75 per share. As a result of the transaction, Fairmount Funds Management LLC now holds 3,445,813 shares, worth roughly $76.77 million.
Needham reiterated its Viridian Therapeutics Inc [VRDN] rating to a Buy in a research note published on September 11, 2024; the price target was $38. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who began to cover the stock in mid June with a ‘”an Outperform”‘ rating. Goldman began covering VRDN with “Buy” recommendation on June 06, 2024. Ladenburg Thalmann revised its rating on May 09, 2024. It rated VRDN as “a Neutral” which previously was an “a Buy”.
Price Performance Review of VRDN
On Friday, Viridian Therapeutics Inc [NASDAQ:VRDN] saw its stock jump 3.29% to $22.28. Over the last five days, the stock has lost -3.34%. Viridian Therapeutics Inc shares have risen nearly 2.30% since the year began. Nevertheless, the stocks have risen 76.83% over the past one year. While a 52-week high of $25.39 was reached on 10/18/24, a 52-week low of $11.40 was recorded on 06/04/24. SMA at 50 days reached $20.91, while 200 days put it at $16.98.
Levels Of Support And Resistance For VRDN Stock
The 24-hour chart illustrates a support level at 21.81, which if violated will result in even more drops to 21.33. On the upside, there is a resistance level at 22.65. A further resistance level may holdings at 23.01. The Relative Strength Index (RSI) on the 14-day chart is 47.81, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.42, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 80.54%. Stochastics %K at 11.16% indicates the stock is a buying.
How much short interest is there in Viridian Therapeutics Inc?
A steep rise in short interest was recorded in Viridian Therapeutics Inc stocks on 2024-10-15, dropping by -0.67 million shares to a total of 9.79 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 10.46 million shares. There was a decline of -6.84%, which implies that there is a negative sentiment for the stock.
