Solid Biosciences Inc’s recent filing unveils that its Chief Regulatory Officer Hanrahan Jessie unloaded Company’s shares for reported $12193.0 on Feb 14 ’25. In the deal valued at $3.96 per share,3,079 shares were sold. As a result of this transaction, Hanrahan Jessie now holds 19,281 shares worth roughly $ 0.1 million.
Then, Brooks Gabriel sold 3,256 shares, generating $12,894 in total proceeds. Upon selling the shares at $3.96, the Chief Medical Officer now owns 22,812 shares.
Before that, Tan Kevin sold 3,164 shares. Solid Biosciences Inc shares valued at $12,529 were divested by the CFO & Treasurer at a price of $3.96 per share. As a result of the transaction, Tan Kevin now holds 32,250 shares, worth roughly $0.17 million.
Truist initiated its Solid Biosciences Inc [SLDB] rating to a Buy in a research note published on January 08, 2025; the price target was $16. A number of analysts have revised their coverage, including Wedbush’s analysts, who began to cover the stock in mid December with a ‘”an Outperform”‘ rating. JMP Securities began covering SLDB with “Mkt outperform” recommendation on December 10, 2024. JP Morgan revised its rating on July 15, 2024. It rated SLDB as “an Overweight” which previously was an “a Neutral”.
Price Performance Review of SLDB
On Tuesday, Solid Biosciences Inc [NASDAQ:SLDB] saw its stock jump 31.51% to $5.30. Over the last five days, the stock has gained 54.07%. Solid Biosciences Inc shares have risen nearly 32.50% since the year began. Nevertheless, the stocks have fallen -42.08% over the past one year. While a 52-week high of $15.05 was reached on 02/18/25, a 52-week low of $2.88 was recorded on 02/07/25. SMA at 50 days reached $3.87, while 200 days put it at $6.58.
Levels Of Support And Resistance For SLDB Stock
The 24-hour chart illustrates a support level at 4.49, which if violated will result in even more drops to 3.69. On the upside, there is a resistance level at 6.65. A further resistance level may holdings at 8.01. The Relative Strength Index (RSI) on the 14-day chart is 75.54, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.95, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 43.98%. Stochastics %K at 74.84% indicates the stock is a holding.
