Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Neurocrine Biosciences, Inc shares valued at $9,068,150 were purchased by KYLE W GANO on Jan 15 ’25. At $139.51 per share, KYLE W GANO acquired 65,000 shares.
Also, Delaet Ingrid sold 272 shares, netting a total of over 37,563 in proceeds. Following the sale of shares at $138.10 each, the insider now holds 2,507 shares.
Before that, INGRID DELAET had added 272 shares to its account. In a trade valued at $37,280, the Officer bought Neurocrine Biosciences, Inc shares for $137.06 each.
Analysts at Piper Sandler upgraded the stock from ‘”a Neutral”‘ to ‘”an Overweight”‘ outlook in a report released in late August. As of April 24, 2024, Wells Fargo has increased its “an Equal weight” rating to a “an Overweight” for NBIX.
Analyzing NBIX Stock Performance
During the last five days, there has been a surge of approximately 3.64%. Over the course of the year, Neurocrine Biosciences, Inc shares have jumped approximately 4.44%. Shares of the company reached a 52-week high of $144.24 on 01/14/25 and a 52-week low of $136.13 on 01/06/25. A 50-day SMA is recorded $130.16, while a 200-day SMA reached $132.92. Nevertheless, trading volume fell to 0.81 million shares from 0.99 million shares the previous day.
Support And Resistance Levels for Neurocrine Biosciences, Inc (NBIX)
According to the 24-hour chart, there is a support level at 139.93, which, if violated, would cause prices to drop to 137.30. In the upper region, resistance lies at 143.91. The next price resistance is at 145.27. RSI (Relative Strength Index) is 65.91 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.87, which suggests the price will increase in the coming days. Percent R is at 19.99%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
