In a filing, Biohaven Ltd revealed its Director CHILDS JOHN W acquired Company’s shares for reported $1.04 million on Dec 30 ’24. In the deal valued at $35.94 per share,29,000 shares were bought. As a result of this transaction, CHILDS JOHN W now holds 2,368,741 shares worth roughly $88.78 million.
Then, CHILDS JOHN W bought 21,052 shares, generating $999,970 in total proceeds. Upon buying the shares at $47.50, the Director now owns 21,052 shares.
Before that, Coric Vlad bought 21,052 shares. Biohaven Ltd shares valued at $999,970 were divested by the Chief Executive Officer at a price of $47.50 per share. As a result of the transaction, Coric Vlad now holds 861,942 shares, worth roughly $32.31 million.
Jefferies initiated its Biohaven Ltd [BHVN] rating to a Buy in a research note published on September 16, 2024; the price target was $57. A number of analysts have revised their coverage, including Bernstein’s analysts, who began to cover the stock in early September with a ‘”an Outperform”‘ rating. Morgan Stanley began covering BHVN with “an Overweight” recommendation on July 24, 2024. RBC Capital Mkts started covering the stock on February 16, 2024. It rated BHVN as “an Outperform”.
Price Performance Review of BHVN
On Monday, Biohaven Ltd [NYSE:BHVN] saw its stock jump 2.07% to $37.48. Over the last five days, the stock has lost -3.00%. Biohaven Ltd shares have risen nearly 0.35% since the year began. Nevertheless, the stocks have fallen -19.40% over the past one year. While a 52-week high of $62.21 was reached on 01/08/25, a 52-week low of $26.80 was recorded on 01/13/25. SMA at 50 days reached $43.52, while 200 days put it at $41.73.
Levels Of Support And Resistance For BHVN Stock
The 24-hour chart illustrates a support level at 35.25, which if violated will result in even more drops to 33.02. On the upside, there is a resistance level at 38.66. A further resistance level may holdings at 39.84. The Relative Strength Index (RSI) on the 14-day chart is 42.55, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.50, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 47.57%. Stochastics %K at 56.22% indicates the stock is a holding.
How much short interest is there in Biohaven Ltd?
A steep rise in short interest was recorded in Biohaven Ltd stocks on 2024-12-13, dropping by 78245.0 shares to a total of 7.75 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 7.82 million shares. There was a decline of -1.01%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on February 06, 2024 when UBS began covering the stock and recommended ‘”a Buy”‘ rating along with a $59 price target.
