Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Shattuck Labs Inc shares valued at $166,714 were purchased by Redmile Group, LLC on Dec 04 ’24. At $1.25 per share, Redmile Group, LLC acquired 133,371 shares. The insider’s holdings grew to 5,539,724 shares worth approximately $6.81 million following the completion of this transaction.
Also, Redmile Group, LLC sold 133,371 shares, netting a total of over 166,714 in proceeds. Following the sale of shares at $1.25 each, the insider now holds 5,406,353 shares.
Before that, Redmile Group, LLC had added 133,371 shares to its account. In a trade valued at $150,709, the Director, 10% Stockholder bought Shattuck Labs Inc shares for $1.13 each.
As published in a research note from Needham on October 02, 2024, Shattuck Labs Inc [STTK] has been rated down from a Buy to a Hold. Analysts at Citigroup downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early October. As of October 01, 2024, H.C. Wainwright has decreased its “Buy” rating to a “Neutral” for STTK. Earlier on June 17, 2024, BTIG Research downgraded its rating. Their new recommendation was “a Neutral” for STTK stock which previously was a “a Buy”.
Analyzing STTK Stock Performance
During the last five days, there has been a surge of approximately 1.65%. Over the course of the year, Shattuck Labs Inc shares have jumped approximately 1.65%. Shares of the company reached a 52-week high of $1.3900 on 01/03/25 and a 52-week low of $1.1950 on 01/02/25. A 50-day SMA is recorded $1.1892, while a 200-day SMA reached $4.3612. Nevertheless, trading volume fell to 96793.0 shares from 94100.0 shares the previous day.
Support And Resistance Levels for Shattuck Labs Inc (STTK)
According to the 24-hour chart, there is a support level at 1.2100, which, if violated, would cause prices to drop to 1.1900. In the upper region, resistance lies at 1.2650. The next price resistance is at 1.3000. RSI (Relative Strength Index) is 51.24 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.0760, which suggests the price will decrease in the coming days. Percent R is at 43.24%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
