Pulse Biosciences Inc’s filing revealed that its Former President and CEO Barrett Burke Thomas unloaded Company’s shares for reported $0.87 million on Dec 11 ’24. In the deal valued at $17.42 per share,50,000 shares were sold. As a result of this transaction, Barrett Burke Thomas now holds 63,172 shares worth roughly $1.16 million.
Then, DUGGAN ROBERT W bought 55,256 shares, generating $949,298 in total proceeds. Upon buying the shares at $17.18, the Director now owns 42,328,717 shares.
Before that, DUGGAN ROBERT W bought 45,404 shares. Pulse Biosciences Inc shares valued at $777,771 were divested by the Director at a price of $17.13 per share. As a result of the transaction, DUGGAN ROBERT W now holds 42,273,461 shares, worth roughly $774.87 million.
Stephens initiated its Pulse Biosciences Inc [PLSE] rating to an Overweight in a research note published on July 27, 2021; the price target was $28. A number of analysts have revised their coverage, including Maxim Group’s analysts, who began to cover the stock in mid March with a ‘”a Buy”‘ rating. H.C. Wainwright also remained covering PLSE and reiterated its “Buy” recommendation on January 26, 2021. H.C. Wainwright revised its rating on May 12, 2020. It rated PLSE as “a Buy” which previously was an “a Neutral”.
Price Performance Review of PLSE
On Tuesday, Pulse Biosciences Inc [NASDAQ:PLSE] saw its stock jump 5.34% to $18.33. Over the last five days, the stock has lost -4.73%. Pulse Biosciences Inc shares have risen nearly 49.75% since the year began. Nevertheless, the stocks have risen 44.79% over the past one year. While a 52-week high of $22.69 was reached on 08/23/24, a 52-week low of $6.59 was recorded on 04/25/24. SMA at 50 days reached $17.89, while 200 days put it at $14.32.
Levels Of Support And Resistance For PLSE Stock
The 24-hour chart illustrates a support level at 17.66, which if violated will result in even more drops to 17.00. On the upside, there is a resistance level at 18.81. A further resistance level may holdings at 19.30. The Relative Strength Index (RSI) on the 14-day chart is 50.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.22, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.38%. Stochastics %K at 34.43% indicates the stock is a holding.
How much short interest is there in Pulse Biosciences Inc?
A steep rise in short interest was recorded in Pulse Biosciences Inc stocks on 2024-11-29, dropping by -0.42 million shares to a total of 2.12 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 2.54 million shares. There was a decline of -19.73%, which implies that there is a negative sentiment for the stock.
