In a filing, Inari Medical Inc revealed its Director Hoffman William unloaded Company’s shares for reported $12.09 million on Jan 06 ’25. In the deal valued at $60.47 per share,200,000 shares were sold. As a result of this transaction, Hoffman William now holds 238,987 shares worth roughly $18.96 million.
Then, WILLIAM HOFFMAN bought 200,000 shares, generating $9,954,000 in total proceeds.
Before that, Hykes Andrew sold 3,000 shares. Inari Medical Inc shares valued at $165,870 were divested by the President and CEO at a price of $55.29 per share. As a result of the transaction, Hykes Andrew now holds 439,310 shares, worth roughly $34.85 million.
Oppenheimer initiated its Inari Medical Inc [NARI] rating to an Outperform in a research note published on December 17, 2024; the price target was $75. A number of analysts have revised their coverage, including Stifel’s analysts, who began to cover the stock in mid September with a ‘”a Hold”‘ rating. Leerink Partners began covering NARI with “Market perform” recommendation on September 03, 2024. Deutsche Bank started covering the stock on August 09, 2024. It rated NARI as “a Buy”.
Price Performance Review of NARI
On Monday, Inari Medical Inc [NASDAQ:NARI] saw its stock jump 0.06% to $79.34. Over the last five days, the stock has gained 59.41%. Inari Medical Inc shares have risen nearly 55.42% since the year began. Nevertheless, the stocks have risen 30.28% over the past one year. While a 52-week high of $79.69 was reached on 01/08/25, a 52-week low of $36.73 was recorded on 01/06/25. SMA at 50 days reached $54.49, while 200 days put it at $47.95.
Levels Of Support And Resistance For NARI Stock
The 24-hour chart illustrates a support level at 79.25, which if violated will result in even more drops to 79.15. On the upside, there is a resistance level at 79.44. A further resistance level may holdings at 79.53. The Relative Strength Index (RSI) on the 14-day chart is 80.72, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 18.15, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.08%. Stochastics %K at 98.83% indicates the stock is a selling.
How much short interest is there in Inari Medical Inc?
A steep rise in short interest was recorded in Inari Medical Inc stocks on 2024-12-31, growing by 0.92 million shares to a total of 3.84 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 2.92 million shares. There was a rise of 24.03%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on July 25, 2024 when William Blair began covering the stock and recommended ‘”an Outperform”‘ rating .
