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. Pulse Biosciences Inc shares valued at $871,000 were sold by Barrett Burke Thomas on Dec 11 ’24. At $17.42 per share, Barrett Burke Thomas sold 50,000 shares. The insider’s holdings dropped to 63,172 shares worth approximately $1.16 million following the completion of this transaction.
Also, DUGGAN ROBERT W purchased 55,256 shares, netting a total of over 949,298 in proceeds. Following the buying of shares at $17.18 each, the insider now holds 42,328,717 shares.
Before that, DUGGAN ROBERT W had added 45,404 shares to its account. In a trade valued at $777,771, the Director bought Pulse Biosciences Inc shares for $17.13 each. Upon closing the transaction, the insider’s holdings increased to 45,404 shares, worth approximately $779.1 million.
As published in their initiating research note from Stephens on July 27, 2021, Pulse Biosciences Inc [PLSE] has been an Overweight and the price target has been revised to $28. Analysts at Maxim Group started covering the stock with ‘”a Buy”‘ outlook in a report released in mid March. As of January 26, 2021, H.C. Wainwright has reiterated its “Buy” rating for PLSE. Earlier on May 12, 2020, H.C. Wainwright upgraded its rating. Their new recommendation was “a Buy” for PLSE stock which previously was a “a Neutral”.
Analyzing PLSE Stock Performance
During the last five days, there has been a surge of approximately 5.86%. Over the course of the year, Pulse Biosciences Inc shares have jumped approximately 5.86%. Shares of the company reached a 52-week high of $20.24 on 01/06/25 and a 52-week low of $17.12 on 01/02/25. A 50-day SMA is recorded $18.06, while a 200-day SMA reached $14.70. Nevertheless, trading volume fell to 72639.0 shares from 87800.0 shares the previous day.
Support And Resistance Levels for Pulse Biosciences Inc (PLSE)
According to the 24-hour chart, there is a support level at 18.13, which, if violated, would cause prices to drop to 17.82. In the upper region, resistance lies at 18.60. The next price resistance is at 18.76. RSI (Relative Strength Index) is 50.77 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.52, which suggests the price will decrease in the coming days. Percent R is at 55.35%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
Which companies own the most shares of Pulse Biosciences Inc (PLSE)?
On February 14, 2020, H.C. Wainwright assigned a price target of “a Neutral” to the stock and downgraded coverage with a $6.
