In a filing, Merus N.V revealed its VP Controller, PAO Shuman Harry unloaded Company’s shares for reported $0.14 million on Aug 21 ’24. In the deal valued at $54.00 per share,2,500 shares were sold. As a result of this transaction, Shuman Harry now holds 7,002 shares worth roughly $0.27 million.
Then, Shuman Harry sold 2,500 shares, generating $135,000 in total proceeds. Upon selling the shares at $54.00, the VP Controller, PAO now owns 7,002 shares.
Before that, Silverman Peter B. sold 10,000 shares. Merus N.V shares valued at $600,000 were divested by the COO & GC at a price of $60.00 per share. As a result of the transaction, Silverman Peter B. now holds 0 shares, worth roughly $0.0.
Goldman initiated its Merus N.V [MRUS] rating to a Buy in a research note published on November 21, 2024; the price target was $73. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in late October with a ‘”a Buy”‘ rating. Truist began covering MRUS with “Buy” recommendation on March 28, 2024. Needham maintained its rating on March 04, 2024. It rated MRUS as “a Buy”.
Price Performance Review of MRUS
On Tuesday, Merus N.V [NASDAQ:MRUS] saw its stock fall -3.57% to $39.01. Over the last five days, the stock has lost -7.99%. Merus N.V shares have fallen nearly -7.24% since the year began. Nevertheless, the stocks have risen 23.79% over the past one year. While a 52-week high of $61.61 was reached on 01/10/25, a 52-week low of $31.27 was recorded on 01/13/25. SMA at 50 days reached $45.33, while 200 days put it at $49.24.
Levels Of Support And Resistance For MRUS Stock
The 24-hour chart illustrates a support level at 38.22, which if violated will result in even more drops to 37.43. On the upside, there is a resistance level at 40.21. A further resistance level may holdings at 41.40. The Relative Strength Index (RSI) on the 14-day chart is 35.80, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.63%. Stochastics %K at 26.47% indicates the stock is a holding.
How much short interest is there in Merus N.V?
A steep rise in short interest was recorded in Merus N.V stocks on 2024-12-31, dropping by -0.47 million shares to a total of 8.26 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 8.72 million shares. There was a decline of -5.63%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on November 02, 2023 when Canaccord Genuity began covering the stock and recommended ‘”a Buy”‘ rating along with a $45 price target.
