ATAI Life Sciences N.V’s recent filing unveils that its 10% Owner ATAI Life Sciences N.V. unloaded Company’s shares for reported $16.09 million on Sep 26 ’24. In the deal valued at $6.05 per share,2,660,000 shares were sold. As a result of this transaction, ATAI Life Sciences N.V. now holds 6,905,774 shares worth roughly $11.95 million.
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Then, Brand Florian sold 151,303 shares, generating $290,502 in total proceeds. Upon selling the shares at $1.92, the insider now owns 328,697 shares.
Before that, Johnson Anne Nagengast sold 27,410 shares. ATAI Life Sciences N.V shares valued at $50,708 were divested by the Chief Financial Officer at a price of $1.85 per share. As a result of the transaction, Johnson Anne Nagengast now holds 73,590 shares, worth roughly $0.13 million.
H.C. Wainwright reiterated its ATAI Life Sciences N.V [ATAI] rating to a Buy in a research note published on November 18, 2024; the price target was $10. A number of analysts have revised their coverage, including Maxim Group’s analysts, who increased its forecast for the stock in early April from “a Hold” to “a Buy”. Loop Capital began covering ATAI with “Buy” recommendation on November 01, 2022. Maxim Group started covering the stock on November 30, 2021. It rated ATAI as “a Buy”.
Price Performance Review of ATAI
On Tuesday, ATAI Life Sciences N.V [NASDAQ:ATAI] saw its stock jump 3.59% to $1.73. Over the last five days, the stock has gained 18.49%. ATAI Life Sciences N.V shares have risen nearly 22.70% since the year began. Nevertheless, the stocks have risen 55.86% over the past one year. While a 52-week high of $2.85 was reached on 04/04/24, a 52-week low of $1.02 was recorded on 10/11/24. SMA at 50 days reached $1.2282, while 200 days put it at $1.5582.
Levels Of Support And Resistance For ATAI Stock
The 24-hour chart illustrates a support level at 1.5617, which if violated will result in even more drops to 1.3933. On the upside, there is a resistance level at 1.8667. A further resistance level may holdings at 2.0033. The Relative Strength Index (RSI) on the 14-day chart is 70.42, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.3121, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 24.18%. Stochastics %K at 79.45% indicates the stock is a holding.
How much short interest is there in ATAI Life Sciences N.V?
A steep rise in short interest was recorded in ATAI Life Sciences N.V stocks on 2024-10-31, dropping by 56542.0 shares to a total of 9.43 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 9.48 million shares. There was a decline of -0.6%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on November 11, 2021 when ROTH Capital began covering the stock and recommended ‘”a Buy”‘ rating along with a $32 price target.
