KD Logo

Apellis Pharmaceuticals Inc (APLS) may enjoy gains as insiders got busy in the recent days

In a filing, Apellis Pharmaceuticals Inc revealed its Officer Baumal Caroline acquired Company’s shares for reported $95213.0 on Jan 06 ’25. In the deal valued at $33.81 per share,2,816 shares were bought.

Then, Eisele Jeffrey sold 63 shares, generating $2,085 in total proceeds. Upon selling the shares at $33.09, the Chief Development Officer now owns 57,145 shares.

Before that, Eisele Jeffrey bought 63 shares. Apellis Pharmaceuticals Inc shares valued at $2,085 were divested by the Officer at a price of $33.09 per share.

Goldman downgraded its Apellis Pharmaceuticals Inc [APLS] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who began to cover the stock in late November with a ‘”an Equal-weight”‘ rating. RBC Capital Mkts began covering APLS with “Sector perform” recommendation on October 25, 2024. William Blair started covering the stock on October 16, 2024. It rated APLS as “an Outperform”.

Price Performance Review of APLS

On Tuesday, Apellis Pharmaceuticals Inc [NASDAQ:APLS] saw its stock jump 0.73% to $34.63. Over the last five days, the stock has gained 8.56%. Apellis Pharmaceuticals Inc shares have risen nearly 8.52% since the year began. Nevertheless, the stocks have fallen -41.91% over the past one year. While a 52-week high of $73.80 was reached on 01/07/25, a 52-week low of $24.34 was recorded on 01/02/25. SMA at 50 days reached $31.29, while 200 days put it at $37.85.

Levels Of Support And Resistance For APLS Stock

The 24-hour chart illustrates a support level at 33.78, which if violated will result in even more drops to 32.94. On the upside, there is a resistance level at 35.52. A further resistance level may holdings at 36.42. The Relative Strength Index (RSI) on the 14-day chart is 61.22, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.83, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 25.15%. Stochastics %K at 63.78% indicates the stock is a holding.

How much short interest is there in Apellis Pharmaceuticals Inc?

A steep rise in short interest was recorded in Apellis Pharmaceuticals Inc stocks on 2024-12-13, dropping by -3.17 million shares to a total of 20.01 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 23.18 million shares. There was a decline of -15.85%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on October 16, 2024 when Scotiabank began covering the stock and recommended ‘”a Sector outperform”‘ rating .

Most Popular