In a filing, Neurocrine Biosciences, Inc revealed its Chief Corp. Affairs Officer Boyer David W. unloaded Company’s shares for reported $0.42 million on Sep 13 ’24. In the deal valued at $121.88 per share,3,461 shares were sold. As a result of this transaction, Boyer David W. now holds 1,672 shares worth roughly $0.2 million.
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Then, DAVID WARREN BOYER bought 4,756 shares, generating $576,808 in total proceeds.
Before that, RASTETTER WILLIAM H sold 14,250 shares. Neurocrine Biosciences, Inc shares valued at $2,090,332 were divested by the Director at a price of $146.69 per share. As a result of the transaction, RASTETTER WILLIAM H now holds 37,491 shares, worth roughly $4.4 million.
A number of analysts have revised their coverage, including Piper Sandler’s analysts, who increased its forecast for the stock in late August from “a Neutral” to “an Overweight”. Wells Fargo also remained covering NBIX and has increased its forecast on April 24, 2024 with a “an Overweight” recommendation from previously “an Equal weight” rating.
Price Performance Review of NBIX
On Friday, Neurocrine Biosciences, Inc [NASDAQ:NBIX] saw its stock fall -4.42% to $117.44. Over the last five days, the stock has lost -6.60%. Neurocrine Biosciences, Inc shares have fallen nearly -10.87% since the year began. Nevertheless, the stocks have risen 6.08% over the past one year. While a 52-week high of $157.98 was reached on 08/01/24, a 52-week low of $107.84 was recorded on 10/03/24. SMA at 50 days reached $118.50, while 200 days put it at $133.80.
Levels Of Support And Resistance For NBIX Stock
The 24-hour chart illustrates a support level at 115.64, which if violated will result in even more drops to 113.83. On the upside, there is a resistance level at 120.97. A further resistance level may holdings at 124.49. The Relative Strength Index (RSI) on the 14-day chart is 42.69, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.92, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.38%. Stochastics %K at 43.25% indicates the stock is a holding.
How much short interest is there in Neurocrine Biosciences, Inc?
A steep rise in short interest was recorded in Neurocrine Biosciences, Inc stocks on 2024-10-31, growing by 27074.0 shares to a total of 2.48 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 2.45 million shares. There was a rise of 1.09%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 12, 2023 when Deutsche Bank began covering the stock and recommended ‘”a Buy”‘ rating along with a $136 price target.
