Chimerix Inc’s recent filing unveils that its Officer Michael Andriole acquired Company’s shares for reported $1300.0 on Aug 08 ’24. In the deal valued at $0.87 per share,1,500 shares were bought.
Then, Andriole Michael T. sold 1,285 shares, generating $1,065 in total proceeds. Upon selling the shares at $0.83, the PRESIDENT AND CEO now owns 462,453 shares.
Before that, Andriole Michael T. sold 1,744 shares. Chimerix Inc shares valued at $1,809 were divested by the PRESIDENT AND CEO at a price of $1.04 per share. As a result of the transaction, Andriole Michael T. now holds 447,021 shares, worth roughly $1.51 million.
Robert W. Baird initiated its Chimerix Inc [CMRX] rating to an Outperform in a research note published on May 23, 2023; the price target was $7. A number of analysts have revised their coverage, including CapitalOne’s analysts, who began to cover the stock in early September with a ‘”an Overweight”‘ rating. Maxim Group began covering CMRX with “Buy” recommendation on April 29, 2021.
Price Performance Review of CMRX
On Tuesday, Chimerix Inc [NASDAQ:CMRX] saw its stock jump 1.81% to $3.37. Over the last five days, the stock has lost -4.80%. Chimerix Inc shares have fallen nearly -3.16% since the year began. Nevertheless, the stocks have risen 247.42% over the past one year. While a 52-week high of $3.80 was reached on 01/06/25, a 52-week low of $0.75 was recorded on 01/13/25. SMA at 50 days reached $1.97, while 200 days put it at $1.18.
Levels Of Support And Resistance For CMRX Stock
The 24-hour chart illustrates a support level at 3.26, which if violated will result in even more drops to 3.15. On the upside, there is a resistance level at 3.48. A further resistance level may holdings at 3.59. The Relative Strength Index (RSI) on the 14-day chart is 65.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 48.31%. Stochastics %K at 50.42% indicates the stock is a holding.
How much short interest is there in Chimerix Inc?
A steep rise in short interest was recorded in Chimerix Inc stocks on 2024-12-31, growing by 1.17 million shares to a total of 1.81 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.65 million shares. There was a rise of 64.3%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on March 31, 2021 when Wedbush began covering the stock and recommended ‘”an Outperform”‘ rating along with a $21 price target.
