Schrodinger Inc’s recent filing unveils 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 $0.3 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 $0.13 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 2.03% to $22.11. Over the last five days, the stock has gained 0.73%. Schrodinger Inc shares have fallen nearly -38.24% since the year began. Nevertheless, the stocks have fallen -30.80% 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 $19.21, while 200 days put it at $21.71.
Levels Of Support And Resistance For SDGR Stock
The 24-hour chart illustrates a support level at 21.69, which if violated will result in even more drops to 21.26. On the upside, there is a resistance level at 22.40. A further resistance level may holdings at 22.68. The Relative Strength Index (RSI) on the 14-day chart is 58.02, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.33, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 17.46%. Stochastics %K at 80.24% indicates the stock is a selling.
How much short interest is there in Schrodinger Inc?
A steep rise in short interest was recorded in Schrodinger Inc stocks on 2024-11-29, growing by 0.26 million shares to a total of 9.16 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 8.9 million shares. There was a rise of 2.84%, 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.
