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B. Riley Securities downgrades Semler Scientific Inc (SMLR) stock to a Neutral

Semler Scientific Inc’s recently made public that its CEO Murphy-Chutorian Douglas unloaded Company’s shares for reported $4.51 million on Dec 10 ’24. In the deal valued at $60.12 per share,75,000 shares were sold. As a result of this transaction, Murphy-Chutorian Douglas now holds 65,083 shares worth roughly $3.06 million.

Then, Murphy-Chutorian Douglas sold 25,000 shares, generating $1,556,123 in total proceeds. Upon selling the shares at $62.24, the CEO now owns 55,000 shares.

Before that, Douglas Murphy-Chutorian bought 100,000 shares. Semler Scientific Inc shares valued at $6,200,000 were divested by the CEO at a price of $62.00 per share.

B. Riley Securities downgraded its Semler Scientific Inc [SMLR] rating to a Neutral from a a Buy in a research note published on November 02, 2022; the price target was decreased to $45 from $60.

Price Performance Review of SMLR

On Tuesday, Semler Scientific Inc [NASDAQ:SMLR] saw its stock fall -5.30% to $46.98. Over the last five days, the stock has lost -8.31%. Semler Scientific Inc shares have fallen nearly -13.00% since the year began. Nevertheless, the stocks have fallen -0.95% over the past one year. While a 52-week high of $81.56 was reached on 01/17/25, a 52-week low of $20.88 was recorded on 01/13/25. SMA at 50 days reached $58.66, while 200 days put it at $37.85.

Levels Of Support And Resistance For SMLR Stock

The 24-hour chart illustrates a support level at 45.23, which if violated will result in even more drops to 43.48. On the upside, there is a resistance level at 50.17. A further resistance level may holdings at 53.37. The Relative Strength Index (RSI) on the 14-day chart is 37.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.17, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.18%. Stochastics %K at 8.58% indicates the stock is a buying.

How much short interest is there in Semler Scientific Inc?

A steep rise in short interest was recorded in Semler Scientific Inc stocks on 2025-01-31, growing by 0.4 million shares to a total of 1.79 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 1.39 million shares. There was a rise of 22.49%, which implies that there is a positive sentiment for the stock.

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