Schrodinger Inc’s filing revealed that its Chief Medical Officer Dugan Margaret unloaded Company’s shares for reported $27226.0 on Oct 15 ’24. In the deal valued at $17.78 per share,1,531 shares were sold. As a result of this transaction, Dugan Margaret now holds 13,469 shares worth roughly $0.25 million.
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Then, Dugan Margaret bought 1,531 shares, generating $27,226 in total proceeds.
Before that, Porges Geoffrey Craig sold 3,315 shares. Schrodinger Inc shares valued at $87,360 were divested by the EVP & CFO at a price of $26.35 per share. As a result of the transaction, Porges Geoffrey Craig now holds 5,685 shares, worth roughly $0.11 million.
Leerink Partners initiated its Schrodinger Inc [SDGR] rating to an Outperform in a research note published on July 02, 2024; the price target was $29. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who began to cover the stock in early December with a ‘”an Overweight”‘ rating. Goldman started covering the stock on December 19, 2022. It rated SDGR as “a Neutral”.
Price Performance Review of SDGR
On Tuesday, Schrodinger Inc [NASDAQ:SDGR] saw its stock jump 3.84% to $18.93. Over the last five days, the stock has lost -14.92%. Schrodinger Inc shares have fallen nearly -47.12% since the year began. Nevertheless, the stocks have fallen -38.66% over the past one year. While a 52-week high of $38.00 was reached on 01/02/24, a 52-week low of $16.67 was recorded on 10/08/24. SMA at 50 days reached $18.66, while 200 days put it at $22.23.
Levels Of Support And Resistance For SDGR Stock
The 24-hour chart illustrates a support level at 18.20, which if violated will result in even more drops to 17.47. On the upside, there is a resistance level at 19.36. A further resistance level may holdings at 19.79. The Relative Strength Index (RSI) on the 14-day chart is 50.04, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.59, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.10%. Stochastics %K at 20.20% indicates the stock is a holding.
How much short interest is there in Schrodinger Inc?
A steep rise in short interest was recorded in Schrodinger Inc stocks on 2024-10-31, growing by 0.11 million shares to a total of 8.9 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 8.79 million shares. There was a rise of 1.2%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on March 01, 2022 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $55 price target.
