Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Chimerix Inc shares valued at $13,799 were sold by Melemed Allen S. on Feb 13 ’25. At $4.50 per share, Melemed Allen S. sold 3,065 shares. The insider’s holdings dropped to 152,875 shares worth approximately $0.78 million following the completion of this transaction.
Also, Andriole Michael T. sold 7,370 shares, netting a total of over 33,282 in proceeds. Following the sale of shares at $4.52 each, the insider now holds 609,603 shares.
Before that, Alrutz Michael Albert had sold 1,600 shares from its account. In a trade valued at $7,226, the SVP AND GENERAL COUNSEL traded Chimerix Inc shares for $4.52 each. Upon closing the transaction, the insider’s holdings decreased to 1,600 shares, worth approximately $1.09 million.
As published in their initiating research note from Robert W. Baird on May 23, 2023, Chimerix Inc [CMRX] has been an Outperform and the price target has been revised to $7. Analysts at CapitalOne started covering the stock with ‘”an Overweight”‘ outlook in a report released in early September. As of April 29, 2021, Maxim Group has initiated its “Buy” rating for CMRX.
Analyzing CMRX Stock Performance
During the last five days, there has been a surge of approximately 16.51%. Over the course of the year, Chimerix Inc shares have jumped approximately 45.98%. Shares of the company reached a 52-week high of $5.53 on 02/19/25 and a 52-week low of $3.12 on 01/13/25. A 50-day SMA is recorded $3.48, while a 200-day SMA reached $1.55. Nevertheless, trading volume fell to 4.45 million shares from 4.63 million shares the previous day.
Support And Resistance Levels for Chimerix Inc (CMRX)
According to the 24-hour chart, there is a support level at 4.78, which, if violated, would cause prices to drop to 4.48. In the upper region, resistance lies at 5.45. The next price resistance is at 5.83. RSI (Relative Strength Index) is 76.02 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.49, which suggests the price will decrease in the coming days. Percent R is at 25.56%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
