Pulmonx Corp’s filing revealed that its CHIEF COMMERCIAL OFFICER Rose Geoffrey Beran unloaded Company’s shares for reported $27065.0 on Dec 02 ’24. In the deal valued at $6.18 per share,4,376 shares were sold. As a result of this transaction, Rose Geoffrey Beran now holds 291,057 shares worth roughly $1.79 million.
Then, Lehman David Aaron sold 5,497 shares, generating $34,006 in total proceeds. Upon selling the shares at $6.19, the GENERAL COUNSEL now owns 197,851 shares.
Before that, French Glendon E. III sold 20,000 shares. Pulmonx Corp shares valued at $132,600 were divested by the Director at a price of $6.63 per share. As a result of the transaction, French Glendon E. III now holds 1,071,974 shares, worth roughly $6.6 million.
Citigroup downgraded its Pulmonx Corp [LUNG] rating to a Neutral from a a Buy in a research note published on December 11, 2024; the price target was decreased to $7.50 from $17. A number of analysts have revised their coverage, including Lake Street’s analysts, who began to cover the stock in early June with a ‘”a Buy”‘ rating. Wells Fargo also remained covering LUNG and has decreased its forecast on February 23, 2024 with a “an Equal weight” recommendation from previously “an Overweight” rating. Craig Hallum started covering the stock on September 05, 2023. It rated LUNG as “a Buy”.
Price Performance Review of LUNG
On Tuesday, Pulmonx Corp [NASDAQ:LUNG] saw its stock fall -1.60% to $6.16. Over the last five days, the stock has gained 0.49%. Pulmonx Corp shares have fallen nearly -51.69% since the year began. Nevertheless, the stocks have fallen -51.46% over the past one year. While a 52-week high of $14.84 was reached on 02/15/24, a 52-week low of $5.46 was recorded on 08/12/24. SMA at 50 days reached $6.49, while 200 days put it at $7.30.
Levels Of Support And Resistance For LUNG Stock
The 24-hour chart illustrates a support level at 6.08, which if violated will result in even more drops to 5.99. On the upside, there is a resistance level at 6.31. A further resistance level may holdings at 6.46. The Relative Strength Index (RSI) on the 14-day chart is 45.69, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 62.71%. Stochastics %K at 38.22% indicates the stock is a holding.
How much short interest is there in Pulmonx Corp?
A steep rise in short interest was recorded in Pulmonx Corp stocks on 2024-11-29, dropping by -0.17 million shares to a total of 0.82 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.99 million shares. There was a decline of -20.91%, which implies that there is a negative sentiment for the stock.
