Atricure Inc’s recent filing unveils that its Director Yuen Maggie unloaded Company’s shares for reported $84245.0 on Aug 15 ’24. In the deal valued at $24.07 per share,3,500 shares were sold. As a result of this transaction, Yuen Maggie now holds 8,970 shares worth roughly $0.31 million.
Then, Yuen Maggie bought 3,500 shares, generating $84,245 in total proceeds.
Before that, Privitera Salvatore bought 5,000 shares. Atricure Inc shares valued at $111,250 were divested by the Chief Technical Officer at a price of $22.25 per share. As a result of the transaction, Privitera Salvatore now holds 103,290 shares, worth roughly $3.58 million.
A number of analysts have revised their coverage, including Oppenheimer’s analysts, who increased its forecast for the stock in late April from “a Perform” to “an Outperform”. JMP Securities began covering ATRC with “Mkt outperform” recommendation on October 23, 2023. UBS started covering the stock on September 29, 2023. It rated ATRC as “a Buy”.
Price Performance Review of ATRC
On Tuesday, Atricure Inc [NASDAQ:ATRC] saw its stock jump 0.87% to $34.69. Over the last five days, the stock has gained 3.58%. Atricure Inc shares have risen nearly 13.51% since the year began. Nevertheless, the stocks have fallen -0.83% over the past one year. While a 52-week high of $39.04 was reached on 01/14/25, a 52-week low of $18.94 was recorded on 01/02/25. SMA at 50 days reached $33.92, while 200 days put it at $26.91.
Levels Of Support And Resistance For ATRC Stock
The 24-hour chart illustrates a support level at 33.65, which if violated will result in even more drops to 32.62. On the upside, there is a resistance level at 35.93. A further resistance level may holdings at 37.18. The Relative Strength Index (RSI) on the 14-day chart is 59.51, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.64, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 22.93%. Stochastics %K at 69.91% indicates the stock is a holding.
How much short interest is there in Atricure Inc?
A steep rise in short interest was recorded in Atricure Inc stocks on 2024-12-31, dropping by 70934.0 shares to a total of 1.62 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 1.69 million shares. There was a decline of -4.37%, which implies that there is a negative sentiment for the stock.
