In a filing, Alkermes plc revealed its EVP R&D, Chief Medical Officer Hopkinson Craig C. unloaded Company’s shares for reported $6.72 million on Feb 12 ’25. In the deal valued at $32.78 per share,204,921 shares were sold. As a result of this transaction, Hopkinson Craig C. now holds 57,875 shares worth roughly $ 2.08 million.
Then, Hopkinson Craig C. sold 144,419 shares, generating $5,130,698 in total proceeds. Upon selling the shares at $35.53, the EVP R&D, Chief Medical Officer now owns 57,875 shares.
Before that, Hopkinson Craig C. bought 144,419 shares. Alkermes plc shares valued at $5,130,694 were divested by the Officer at a price of $35.53 per share.
Deutsche Bank initiated its Alkermes plc [ALKS] rating to a Buy in a research note published on February 11, 2025; the price target was $40. A number of analysts have revised their coverage, including Stifel’s analysts, who increased its forecast for the stock in early November from “a Hold” to “a Buy”. TD Cowen began covering ALKS with “Buy” recommendation on June 17, 2024. Robert W. Baird started covering the stock on March 19, 2024. It rated ALKS as “an Outperform”.
Price Performance Review of ALKS
On Friday, Alkermes plc [NASDAQ:ALKS] saw its stock fall -0.31% to $35.89. Over the last five days, the stock has gained 13.68%. Alkermes plc shares have risen nearly 24.79% since the year began. Nevertheless, the stocks have risen 31.80% over the past one year. While a 52-week high of $36.06 was reached on 02/14/25, a 52-week low of $22.90 was recorded on 01/13/25. SMA at 50 days reached $30.54, while 200 days put it at $27.44.
Levels Of Support And Resistance For ALKS Stock
The 24-hour chart illustrates a support level at 35.33, which if violated will result in even more drops to 34.77. On the upside, there is a resistance level at 36.35. A further resistance level may holdings at 36.80. The Relative Strength Index (RSI) on the 14-day chart is 78.09, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.89, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 5.99%. Stochastics %K at 95.44% indicates the stock is a selling.
How much short interest is there in Alkermes plc?
A steep rise in short interest was recorded in Alkermes plc stocks on 2025-01-31, growing by 88449.0 shares to a total of 10.82 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 10.74 million shares. There was a rise of 0.82%, which implies that there is a positive sentiment for the stock.
