Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Biocryst Pharmaceuticals Inc shares valued at $52,780 were sold by Hutson Nancy J on Dec 13 ’24. At $7.54 per share, Hutson Nancy J sold 7,000 shares. The insider’s holdings dropped to 86,638 shares worth approximately $0.67 million following the completion of this transaction.
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Also, Hutson Nancy J purchased 7,000 shares, netting a total of over 52,584 in proceeds.
Before that, McKee Amy E had sold 8,600 shares from its account. In a trade valued at $54,352, the Director traded Biocryst Pharmaceuticals Inc shares for $6.32 each. Upon closing the transaction, the insider’s holdings decreased to 8,600 shares, worth approximately $0.21 million.
Analysts at RBC Capital Mkts upgraded the stock from ‘”a Sector perform”‘ to ‘”an Outperform”‘ outlook in a report released in mid September. As of August 04, 2023, Jefferies has increased its “Hold” rating to a “Buy” for BCRX. Earlier on July 13, 2023, BofA Securities upgraded its rating. Their new recommendation was “a Buy” for BCRX stock which previously was a “a Neutral”.
Analyzing BCRX Stock Performance
During the last five days, there has been a surge of approximately 5.61%. Over the course of the year, Biocryst Pharmaceuticals Inc shares have jumped approximately 28.88%. Shares of the company reached a 52-week high of $8.88 on 09/03/24 and a 52-week low of $4.03 on 04/25/24. A 50-day SMA is recorded $7.64, while a 200-day SMA reached $6.79. Nevertheless, trading volume fell to 1.24 million shares from 1.52 million shares the previous day.
Support And Resistance Levels for Biocryst Pharmaceuticals Inc (BCRX)
According to the 24-hour chart, there is a support level at 7.62, which, if violated, would cause prices to drop to 7.51. In the upper region, resistance lies at 7.83. The next price resistance is at 7.93. RSI (Relative Strength Index) is 53.38 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.11, which suggests the price will decrease in the coming days. Percent R is at 43.57%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
