The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. 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 $0.84 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 $0.81 million.
As published in a research note from Goldman on January 29, 2025, Moderna Inc [MRNA] has been rated down from a Buy to a Neutral and the price target has been revised to $51 from $99. Analysts at Argus downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in mid December. Earlier on November 19, 2024, Berenberg initiated its rating. Their recommendation was “a Hold” for MRNA stock.
Analyzing MRNA Stock Performance
During the last five days, there has been a drop of approximately -3.18%. Over the course of the year, Moderna Inc shares have dropped approximately -1.30%. 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 $40.65, while a 200-day SMA reached $83.07. Nevertheless, trading volume fell to 12.23 million shares from 14.6 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 39.77, which, if violated, would cause prices to drop to 38.49. In the upper region, resistance lies at 42.43. The next price resistance is at 43.81. RSI (Relative Strength Index) is 51.19 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.59, which suggests the price will increase in the coming days. Percent R is at 32.39%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
