Verastem Inc’s recent filing unveils that its President and CEO Paterson Dan unloaded Company’s shares for reported $3118.0 on Nov 05 ’24. In the deal valued at $3.84 per share,812 shares were sold. As a result of this transaction, Paterson Dan now holds 231,576 shares worth roughly $1.02 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, Calkins Daniel sold 6 shares, generating $17 in total proceeds. Upon selling the shares at $2.86, the Chief Financial Officer now owns 47,461 shares.
Before that, Calkins Daniel sold 65 shares. Verastem Inc shares valued at $182 were divested by the Chief Financial Officer at a price of $2.80 per share. As a result of the transaction, Calkins Daniel now holds 47,495 shares, worth roughly $0.21 million.
Guggenheim initiated its Verastem Inc [VSTM] rating to a Buy in a research note published on September 30, 2024; the price target was $13. B. Riley Securities began covering VSTM with “Buy” recommendation on September 27, 2023. Mizuho revised its rating on June 15, 2023. It rated VSTM as “a Buy” which previously was an “a Neutral”.
Price Performance Review of VSTM
On Tuesday, Verastem Inc [NASDAQ:VSTM] saw its stock fall -1.35% to $4.40. Over the last five days, the stock has gained 17.65%. Verastem Inc shares have fallen nearly -45.95% since the year began. Nevertheless, the stocks have fallen -31.03% over the past one year. While a 52-week high of $14.22 was reached on 02/06/24, a 52-week low of $2.10 was recorded on 08/05/24. SMA at 50 days reached $3.11, while 200 days put it at $6.53.
Levels Of Support And Resistance For VSTM Stock
The 24-hour chart illustrates a support level at 4.16, which if violated will result in even more drops to 3.93. On the upside, there is a resistance level at 4.72. A further resistance level may holdings at 5.04. The Relative Strength Index (RSI) on the 14-day chart is 68.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.50, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 23.60%. Stochastics %K at 89.55% indicates the stock is a selling.
How much short interest is there in Verastem Inc?
A steep rise in short interest was recorded in Verastem Inc stocks on 2024-10-31, growing by 0.11 million shares to a total of 2.46 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 2.35 million shares. There was a rise of 4.59%, which implies that there is a positive sentiment for the stock.
