The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. GRAIL Inc shares valued at $426,937 were sold by Freidin Aaron on Nov 18 ’24. At $14.02 per share, Freidin Aaron sold 30,452 shares. The insider’s holdings dropped to 268,277 shares worth approximately $4.81 million following the completion of this transaction.
Also, Aaron Freidin purchased 31,721 shares, netting a total of over 469,471 in proceeds.
Before that, RAGUSA ROBERT P had sold 123,454 shares from its account. In a trade valued at $1,730,825, the Chief Executive Officer traded GRAIL Inc shares for $14.02 each. Upon closing the transaction, the insider’s holdings decreased to 123,454 shares, worth approximately $10.98 million.
As published in their initiating research note from Morgan Stanley on November 27, 2024, GRAIL Inc [GRAL] has been an Equal-weight and the price target has been revised to $16. Analysts at Wolfe Research started covering the stock with ‘”a Peer perform”‘ outlook in a report released in mid November. As of October 17, 2024, Guggenheim has initiated its “Neutral” rating for GRAL.
Analyzing GRAL Stock Performance
During the last five days, there has been a drop of approximately -4.73%. Over the course of the year, GRAIL Inc shares have jumped approximately 0.39%. Nevertheless, trading volume fell to 0.51 million shares from 0.36 million shares the previous day.
Support And Resistance Levels for GRAIL Inc (GRAL)
According to the 24-hour chart, there is a support level at 17.48, which, if violated, would cause prices to drop to 17.04. In the upper region, resistance lies at 18.46. The next price resistance is at 19.00. RSI (Relative Strength Index) is 46.19 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.42, which suggests the price will decrease in the coming days. Percent R is at 79.37%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
