Savara Inc’s recent filing unveils that its Chief Financial Officer Lowrance David L unloaded Company’s shares for reported $83278.0 on Dec 16 ’24. In the deal valued at $3.33 per share,25,000 shares were sold. As a result of this transaction, Lowrance David L now holds 381,005 shares worth roughly $1.06 million.
Then, Pauls Matthew sold 54,702 shares, generating $180,828 in total proceeds. Upon selling the shares at $3.31, the CHIEF EXECUTIVE OFFICER now owns 1,536,379 shares.
Before that, Hawkins Richard J sold 8,000 shares. Savara Inc shares valued at $26,569 were divested by the Director at a price of $3.32 per share. As a result of the transaction, Hawkins Richard J now holds 67,241 shares, worth roughly $0.19 million.
Wells Fargo initiated its Savara Inc [SVRA] rating to an Overweight in a research note published on December 20, 2024; the price target was $8. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who decreased its forecast for the stock in mid November from “an Outperform” to “an In-line”. JMP Securities began covering SVRA with “Mkt outperform” recommendation on February 15, 2024. Guggenheim started covering the stock on November 07, 2023. It rated SVRA as “a Buy”.
Price Performance Review of SVRA
On Monday, Savara Inc [NASDAQ:SVRA] saw its stock jump 0.36% to $2.79. Over the last five days, the stock has lost -11.15%. Savara Inc shares have fallen nearly -9.12% since the year began. Nevertheless, the stocks have fallen -35.12% over the past one year. While a 52-week high of $5.70 was reached on 01/03/25, a 52-week low of $2.76 was recorded on 01/13/25. SMA at 50 days reached $3.34, while 200 days put it at $4.08.
Levels Of Support And Resistance For SVRA Stock
The 24-hour chart illustrates a support level at 2.66, which if violated will result in even more drops to 2.52. On the upside, there is a resistance level at 2.87. A further resistance level may holdings at 2.94. The Relative Strength Index (RSI) on the 14-day chart is 32.91, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.21, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.79%. Stochastics %K at 14.42% indicates the stock is a buying.
How much short interest is there in Savara Inc?
A steep rise in short interest was recorded in Savara Inc stocks on 2024-12-31, growing by 1.4 million shares to a total of 13.47 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 12.06 million shares. There was a rise of 10.42%, which implies that there is a positive sentiment for the stock.
