Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. AMGEN Inc shares valued at $483,800 were purchased by Grygiel Nancy A. on Feb 05 ’25. At $304.47 per share, Grygiel Nancy A. acquired 1,589 shares.
Also, Grygiel Nancy A. sold 2,117 shares, netting a total of over 662,802 in proceeds. Following the sale of shares at $313.09 each, the insider now holds 9,883 shares.
Analysts at Wolfe Research started covering the stock with ‘”a Peer perform”‘ outlook in a report released in mid November. As of November 14, 2024, Citigroup has initiated its “Neutral” rating for AMGN. Earlier on October 17, 2024, Bernstein initiated its rating. Their recommendation was “an Outperform” for AMGN stock.
Analyzing AMGN Stock Performance
During the last five days, there has been a surge of approximately 9.28%. Over the course of the year, AMGEN Inc shares have jumped approximately 18.10%. Shares of the company reached a 52-week high of $308.22 on 02/05/25 and a 52-week low of $257.05 on 01/06/25. A 50-day SMA is recorded $273.63, while a 200-day SMA reached $304.88. Nevertheless, trading volume fell to 5.83 million shares from 3.26 million shares the previous day.
Support And Resistance Levels for AMGEN Inc (AMGN)
According to the 24-hour chart, there is a support level at 295.48, which, if violated, would cause prices to drop to 283.16. In the upper region, resistance lies at 314.18. The next price resistance is at 320.55. RSI (Relative Strength Index) is 79.67 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 13.58, which suggests the price will increase in the coming days. Percent R is at 1.00%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
