Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. AMGEN Inc shares valued at $662,802 were sold by Grygiel Nancy A. on May 03 ’24. At $313.09 per share, Grygiel Nancy A. sold 2,117 shares. The insider’s holdings dropped to 9,883 shares worth approximately $2.85 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, Grygiel Nancy A. sold 2,096 shares, netting a total of over 572,276 in proceeds. Following the sale of shares at $273.03 each, the insider now holds 10,874 shares.
As published in their initiating research note from Wolfe Research on November 15, 2024, AMGEN Inc [AMGN] has been a Peer perform. Analysts at Citigroup started covering the stock with ‘”a Neutral”‘ outlook in a report released in mid November. As of October 17, 2024, Bernstein has initiated its “an Outperform” rating for AMGN. Earlier on October 14, 2024, Truist downgraded its rating. Their new recommendation was “a Hold” for AMGN stock which previously was a “a Buy”.
Analyzing AMGN Stock Performance
During the last five days, there has been a drop of approximately -4.50%. Over the course of the year, AMGEN Inc shares have dropped approximately -0.05%. Shares of the company reached a 52-week high of $346.85 on 07/25/24 and a 52-week low of $260.68 on 04/19/24. A 50-day SMA is recorded $318.08, while a 200-day SMA reached $305.92. Nevertheless, trading volume fell to 4.47 million shares from 3.21 million shares the previous day.
Support And Resistance Levels for AMGEN Inc (AMGN)
According to the 24-hour chart, there is a support level at 281.46, which, if violated, would cause prices to drop to 275.05. In the upper region, resistance lies at 291.38. The next price resistance is at 294.89. RSI (Relative Strength Index) is 33.18 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -22.99, which suggests the price will decrease in the coming days. Percent R is at 76.64%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
