Vericel Corp’s recent filing unveils that its Officer SIEGAL JONATHAN acquired Company’s shares for reported $0.24 million on Jan 28 ’25. In the deal valued at $61.99 per share,3,908 shares were bought.
Then, Wotton Paul K sold 2,600 shares, generating $152,672 in total proceeds. Upon selling the shares at $58.72, the Director now owns 27,402 shares.
Before that, Wotton Paul K bought 2,600 shares. Vericel Corp shares valued at $217,782 were divested by the Director at a price of $83.76 per share.
Canaccord Genuity initiated its Vericel Corp [VCEL] rating to a Buy in a research note published on August 09, 2024; the price target was $57. A number of analysts have revised their coverage, including TD Cowen’s analysts, who began to cover the stock in mid June with a ‘”a Buy”‘ rating. Truist also remained covering VCEL and has increased its forecast on January 25, 2024 with a “Buy” recommendation from previously “Hold” rating. BTIG Research revised its rating on August 08, 2023. It rated VCEL as “a Buy” which previously was an “a Neutral”.
Price Performance Review of VCEL
On Tuesday, Vericel Corp [NASDAQ:VCEL] saw its stock jump 0.65% to $60.11. Over the last five days, the stock has gained 0.92%. Vericel Corp shares have risen nearly 9.47% since the year began. Nevertheless, the stocks have risen 41.10% over the past one year. While a 52-week high of $61.49 was reached on 01/28/25, a 52-week low of $39.12 was recorded on 01/15/25. SMA at 50 days reached $57.24, while 200 days put it at $49.20.
Levels Of Support And Resistance For VCEL Stock
The 24-hour chart illustrates a support level at 59.13, which if violated will result in even more drops to 58.15. On the upside, there is a resistance level at 61.54. A further resistance level may holdings at 62.97. The Relative Strength Index (RSI) on the 14-day chart is 59.84, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.43, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 20.91%. Stochastics %K at 73.23% indicates the stock is a holding.
How much short interest is there in Vericel Corp?
A steep rise in short interest was recorded in Vericel Corp stocks on 2025-01-15, growing by 4997.0 shares to a total of 3.7 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 3.69 million shares. There was a rise of 0.14%, which implies that there is a positive sentiment for the stock.
