Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Axsome Therapeutics Inc shares valued at $1,558,320 were sold by Pizzie Nick on Feb 13 ’25. At $129.86 per share, Pizzie Nick sold 12,000 shares. The insider’s holdings dropped to 42,187 shares worth approximately $5.36 million following the completion of this transaction.
Also, Pizzie Nick sold 3,000 shares, netting a total of over 393,210 in proceeds. Following the sale of shares at $131.07 each, the insider now holds 42,187 shares.
Before that, Pizzie Nick had added 3,000 shares to its account. In a trade valued at $393,202, the Officer bought Axsome Therapeutics Inc shares for $131.07 each.
As published in their initiating research note from Deutsche Bank on February 11, 2025, Axsome Therapeutics Inc [AXSM] has been a Buy and the price target has been revised to $176. Analysts at Mizuho resumed the stock at ‘”an Outperform”‘ outlook in a report released in late December. As of September 03, 2024, Wells Fargo has initiated its “an Overweight” rating for AXSM. Earlier on August 06, 2024, BofA Securities upgraded its rating. Their new recommendation was “a Buy” for AXSM stock which previously was a “a Neutral”.
Analyzing AXSM Stock Performance
During the last five days, there has been a drop of approximately -3.96%. Over the course of the year, Axsome Therapeutics Inc shares have jumped approximately 50.05%. Shares of the company reached a 52-week high of $134.18 on 02/11/25 and a 52-week low of $79.19 on 01/10/25. A 50-day SMA is recorded $99.99, while a 200-day SMA reached $89.18. Nevertheless, trading volume fell to 0.87 million shares from 1.56 million shares the previous day.
Support And Resistance Levels for Axsome Therapeutics Inc (AXSM)
According to the 24-hour chart, there is a support level at 124.15, which, if violated, would cause prices to drop to 121.33. In the upper region, resistance lies at 130.15. The next price resistance is at 133.33. RSI (Relative Strength Index) is 67.54 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 9.19, which suggests the price will increase in the coming days. Percent R is at 23.92%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
