Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Neurocrine Biosciences, Inc shares valued at $421,828 were sold by Boyer David W. on Sep 13 ’24. At $121.88 per share, Boyer David W. sold 3,461 shares. The insider’s holdings dropped to 1,672 shares worth approximately $0.21 million 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, DAVID WARREN BOYER purchased 4,756 shares, netting a total of over 576,808 in proceeds.
Before that, RASTETTER WILLIAM H had sold 14,250 shares from its account. In a trade valued at $2,090,332, the Director traded Neurocrine Biosciences, Inc shares for $146.69 each. Upon closing the transaction, the insider’s holdings decreased to 14,250 shares, worth approximately $4.7 million.
Analysts at Piper Sandler upgraded the stock from ‘”a Neutral”‘ to ‘”an Overweight”‘ outlook in a report released in late August. As of April 24, 2024, Wells Fargo has increased its “an Equal weight” rating to a “an Overweight” for NBIX.
Analyzing NBIX Stock Performance
During the last five days, there has been a surge of approximately 0.78%. Over the course of the year, Neurocrine Biosciences, Inc shares have dropped approximately -4.90%. Shares of the company reached a 52-week high of $157.98 on 08/01/24 and a 52-week low of $110.95 on 10/03/24. A 50-day SMA is recorded $118.47, while a 200-day SMA reached $134.40. Nevertheless, trading volume fell to 1.21 million shares from 0.75 million shares the previous day.
Support And Resistance Levels for Neurocrine Biosciences, Inc (NBIX)
According to the 24-hour chart, there is a support level at 123.02, which, if violated, would cause prices to drop to 120.74. In the upper region, resistance lies at 127.03. The next price resistance is at 128.76. RSI (Relative Strength Index) is 62.95 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.55, which suggests the price will increase in the coming days. Percent R is at 34.27%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
