Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. NeuroPace Inc shares valued at $1,221,042 were sold by KCK LTD. on Oct 25 ’24. At $5.45 per share, KCK LTD. sold 223,991 shares. The insider’s holdings dropped to 5,270,845 shares worth approximately $63.3 million following the completion of this transaction.
Also, KCK LTD. sold 147 shares, netting a total of over 885 in proceeds. Following the sale of shares at $6.02 each, the insider now holds 5,494,836 shares.
Before that, KCK LTD. had added 223,991 shares to its account. In a trade valued at $1,221,042, the 10% Owner bought NeuroPace Inc shares for $5.45 each.
As published in a research note from Wells Fargo on March 14, 2024, NeuroPace Inc [NPCE] has been rated up from an Equal weight to an Overweight and the price target has been revised to $20 from $16. Analysts at Leerink Partners started covering the stock with ‘”an Outperform”‘ outlook in a report released in late January. As of November 10, 2023, Cantor Fitzgerald has initiated its “an Overweight” rating for NPCE. Earlier on August 24, 2023, Morgan Stanley upgraded its rating. Their new recommendation was “an Equal-weight” for NPCE stock which previously was a “an Underweight”.
Analyzing NPCE Stock Performance
During the last five days, there has been a surge of approximately 7.33%. Over the course of the year, NeuroPace Inc shares have jumped approximately 7.33%. Shares of the company reached a 52-week high of $12.52 on 01/06/25 and a 52-week low of $11.12 on 01/02/25. A 50-day SMA is recorded $9.87, while a 200-day SMA reached $8.86. Nevertheless, trading volume fell to 69884.0 shares from 61100.0 shares the previous day.
Support And Resistance Levels for NeuroPace Inc (NPCE)
According to the 24-hour chart, there is a support level at 11.67, which, if violated, would cause prices to drop to 11.34. In the upper region, resistance lies at 12.42. The next price resistance is at 12.84. RSI (Relative Strength Index) is 60.73 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.73, which suggests the price will decrease in the coming days. Percent R is at 19.77%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
