Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Puma Biotechnology Inc shares valued at $32,232 were sold by NOUGUES MAXIMO F on Jan 02 ’25. At $3.15 per share, NOUGUES MAXIMO F sold 10,227 shares. The insider’s holdings dropped to 152,295 shares worth approximately $0.47 million following the completion of this transaction.
Also, Ludwig Jeffrey Jerome sold 9,437 shares, netting a total of over 29,743 in proceeds. Following the sale of shares at $3.15 each, the insider now holds 108,951 shares.
Before that, HUNT DOUGLAS M had sold 8,633 shares from its account. In a trade valued at $27,209, the insider traded Puma Biotechnology Inc shares for $3.15 each. Upon closing the transaction, the insider’s holdings decreased to 8,633 shares, worth approximately $0.38 million.
As published in a research note from Citigroup on September 28, 2021, Puma Biotechnology Inc [PBYI] has been rated up from a Neutral to a Buy and the price target has been revised to $11. As of October 08, 2019, Goldman has decreased its “Neutral” rating to a “Sell” for PBYI. Earlier on May 10, 2019, Citigroup downgraded its rating. Their new recommendation was “a Neutral” for PBYI stock which previously was a “a Buy”.
Analyzing PBYI Stock Performance
During the last five days, there has been a drop of approximately -17.91%. Over the course of the year, Puma Biotechnology Inc shares have jumped approximately 0.66%. Shares of the company reached a 52-week high of $4.06 on 01/07/25 and a 52-week low of $2.92 on 01/03/25. A 50-day SMA is recorded $3.04, while a 200-day SMA reached $3.43. Nevertheless, trading volume fell to 0.85 million shares from 0.88 million shares the previous day.
Support And Resistance Levels for Puma Biotechnology Inc (PBYI)
According to the 24-hour chart, there is a support level at 2.96, which, if violated, would cause prices to drop to 2.84. In the upper region, resistance lies at 3.19. The next price resistance is at 3.30. RSI (Relative Strength Index) is 48.66 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.13, which suggests the price will decrease in the coming days. Percent R is at 82.50%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
