In a filing, Accolade Inc revealed its Chief Financial Officer Barnes Stephen H. unloaded Company’s shares for reported $1954.0 on Jan 13 ’25. In the deal valued at $6.88 per share,284 shares were sold. As a result of this transaction, Barnes Stephen H. now holds 221,983 shares worth roughly $1.52 million.
Then, Cavanaugh Robert N sold 256 shares, generating $1,761 in total proceeds. Upon selling the shares at $6.88, the President now owns 214,765 shares.
Before that, SINGH RAJEEV sold 541 shares. Accolade Inc shares valued at $3,722 were divested by the Chief Executive Officer at a price of $6.88 per share. As a result of the transaction, SINGH RAJEEV now holds 819,588 shares, worth roughly $5.61 million.
Needham reiterated its Accolade Inc [ACCD] rating to a Buy in a research note published on June 28, 2024; the price target was $8. A number of analysts have revised their coverage, including Leerink Partners’s analysts, who began to cover the stock in late February with a ‘”an Outperform”‘ rating. Barclays started covering the stock on January 03, 2024. It rated ACCD as “an Equal weight”.
Price Performance Review of ACCD
On Tuesday, Accolade Inc [NASDAQ:ACCD] saw its stock jump 0.15% to $6.84. Over the last five days, the stock has gained 95.43%. Accolade Inc shares have risen nearly 100.00% since the year began. Nevertheless, the stocks have fallen -52.96% over the past one year. While a 52-week high of $13.93 was reached on 01/08/25, a 52-week low of $3.08 was recorded on 01/07/25. SMA at 50 days reached $3.79, while 200 days put it at $5.03.
Levels Of Support And Resistance For ACCD Stock
The 24-hour chart illustrates a support level at 6.83, which if violated will result in even more drops to 6.81. On the upside, there is a resistance level at 6.87. A further resistance level may holdings at 6.89. The Relative Strength Index (RSI) on the 14-day chart is 87.24, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.41, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.22%. Stochastics %K at 97.64% indicates the stock is a selling.
How much short interest is there in Accolade Inc?
A steep rise in short interest was recorded in Accolade Inc stocks on 2024-12-13, dropping by -0.53 million shares to a total of 3.11 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 3.64 million shares. There was a decline of -17.16%, which implies that there is a negative sentiment for the stock.
