Poseida Therapeutics Inc’s recently made public that its Executive Chairman Gergen Mark J unloaded Company’s shares for reported $0.28 million on Dec 10 ’24. In the deal valued at $9.46 per share,30,000 shares were sold. As a result of this transaction, Gergen Mark J now holds 651,291 shares worth roughly $6.19 million.
Then, Gergen Mark J sold 30,000 shares, generating $278,100 in total proceeds. Upon selling the shares at $9.27, the Executive Chairman now owns 651,291 shares.
Before that, MARK GERGEN bought 120,000 shares. Poseida Therapeutics Inc shares valued at $343,200 were divested by the Director at a price of $2.86 per share.
Piper Sandler downgraded its Poseida Therapeutics Inc [PSTX] rating to a Neutral from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including H.C. Wainwright’s analysts, who began to cover the stock in early January with a ‘”a Buy”‘ rating. Cantor Fitzgerald began covering PSTX with “an Overweight” recommendation on January 07, 2022. BTIG Research started covering the stock on May 18, 2021. It rated PSTX as “a Buy”.
Price Performance Review of PSTX
On Friday, Poseida Therapeutics Inc [NASDAQ:PSTX] saw its stock jump 0.11% to $9.51. Over the last five days, the stock has gained 1.60%. Poseida Therapeutics Inc shares have risen nearly 183.04% since the year began. Nevertheless, the stocks have risen 230.21% over the past one year. While a 52-week high of $9.58 was reached on 12/12/24, a 52-week low of $1.87 was recorded on 04/16/24. SMA at 50 days reached $4.43, while 200 days put it at $3.33.
Levels Of Support And Resistance For PSTX Stock
The 24-hour chart illustrates a support level at 9.48, which if violated will result in even more drops to 9.44. On the upside, there is a resistance level at 9.55. A further resistance level may holdings at 9.58. The Relative Strength Index (RSI) on the 14-day chart is 88.84, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.58, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 1.03%. Stochastics %K at 99.20% indicates the stock is a selling.
How much short interest is there in Poseida Therapeutics Inc?
A steep rise in short interest was recorded in Poseida Therapeutics Inc stocks on 2024-11-29, dropping by -0.28 million shares to a total of 4.11 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 4.39 million shares. There was a decline of -6.92%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on August 04, 2020 when William Blair began covering the stock and recommended ‘”an Outperform”‘ rating .
