Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Neurocrine Biosciences, Inc shares valued at $266,025 were sold by Cooke Julie on Jan 31 ’25. At $152.89 per share, Cooke Julie sold 1,740 shares. The insider’s holdings dropped to 18,202 shares worth approximately $2.74 million following the completion of this transaction.
Also, GORMAN KEVIN CHARLES sold 2,707 shares, netting a total of over 413,967 in proceeds. Following the sale of shares at $152.92 each, the insider now holds 517,030 shares.
Before that, ROBERTS EIRY had sold 1,457 shares from its account. In a trade valued at $222,636, the Chief Medical Officer traded Neurocrine Biosciences, Inc shares for $152.80 each. Upon closing the transaction, the insider’s holdings decreased to 1,457 shares, worth approximately $4.87 million.
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 drop of approximately -1.81%. Over the course of the year, Neurocrine Biosciences, Inc shares have jumped approximately 10.26%. Shares of the company reached a 52-week high of $154.61 on 01/30/25 and a 52-week low of $136.13 on 01/06/25. A 50-day SMA is recorded $137.93, while a 200-day SMA reached $133.87. Nevertheless, trading volume fell to 1.28 million shares from 1.43 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 149.31, which, if violated, would cause prices to drop to 148.10. In the upper region, resistance lies at 152.41. The next price resistance is at 154.30. RSI (Relative Strength Index) is 64.12 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.01, which suggests the price will increase in the coming days. Percent R is at 31.44%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
