Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Moderna Inc shares valued at $23,637 were sold by Klinger Shannon Thyme on Dec 09 ’24. At $44.68 per share, Klinger Shannon Thyme sold 529 shares. The insider’s holdings dropped to 20,446 shares worth approximately $0.87 million following the completion of this transaction.
Also, Klinger Shannon Thyme purchased 529 shares, netting a total of over 23,637 in proceeds.
Before that, Klinger Shannon Thyme had sold 112 shares from its account. In a trade valued at $4,849, the Chief Legal Officer traded Moderna Inc shares for $43.30 each. Upon closing the transaction, the insider’s holdings decreased to 112 shares, worth approximately $0.84 million.
As published in a research note from Argus on December 18, 2024, Moderna Inc [MRNA] has been rated down from a Buy to a Hold. As of November 19, 2024, Berenberg has initiated its “Hold” rating for MRNA. Earlier on November 18, 2024, HSBC Securities upgraded its rating. Their new recommendation was “a Buy” for MRNA stock which previously was a “a Hold”.
Analyzing MRNA Stock Performance
During the last five days, there has been a surge of approximately 21.92%. Over the course of the year, Moderna Inc shares have jumped approximately 1.95%. Shares of the company reached a 52-week high of $48.92 on 01/07/25 and a 52-week low of $31.94 on 01/13/25. A 50-day SMA is recorded $40.75, while a 200-day SMA reached $84.70. Nevertheless, trading volume fell to 13.42 million shares from 16.69 million shares the previous day.
Support And Resistance Levels for Moderna Inc (MRNA)
According to the 24-hour chart, there is a support level at 38.74, which, if violated, would cause prices to drop to 35.09. In the upper region, resistance lies at 44.29. The next price resistance is at 46.19. RSI (Relative Strength Index) is 55.53 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.26, which suggests the price will decrease in the coming days. Percent R is at 38.46%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
