Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. AMGEN Inc shares valued at $447,655 were sold by Miller Derek on Feb 19 ’25. At $293.74 per share, Miller Derek sold 1,524 shares. The insider’s holdings dropped to 8,544 shares worth approximately $2.55 million following the completion of this transaction.
Also, Miller Derek sold 500 shares, netting a total of over 146,279 in proceeds. Following the sale of shares at $292.56 each, the insider now holds 8,544 shares.
Before that, DEREK MILLER had added 1,524 shares to its account. In a trade valued at $447,655, the Officer bought AMGEN Inc shares for $293.74 each.
Analysts at Wolfe Research started covering the stock with ‘”a Peer perform”‘ outlook in a report released in mid November. As of November 14, 2024, Citigroup has initiated its “Neutral” rating for AMGN. Earlier on October 17, 2024, Bernstein initiated its rating. Their recommendation was “an Outperform” for AMGN stock.
Analyzing AMGN Stock Performance
During the last five days, there has been a surge of approximately 0.97%. Over the course of the year, AMGEN Inc shares have jumped approximately 14.31%. Shares of the company reached a 52-week high of $309.49 on 02/06/25 and a 52-week low of $257.05 on 01/06/25. A 50-day SMA is recorded $276.04, while a 200-day SMA reached $305.97. Nevertheless, trading volume fell to 2.32 million shares from 2.81 million shares the previous day.
Support And Resistance Levels for AMGEN Inc (AMGN)
According to the 24-hour chart, there is a support level at 295.20, which, if violated, would cause prices to drop to 292.46. In the upper region, resistance lies at 299.40. The next price resistance is at 300.86. RSI (Relative Strength Index) is 61.88 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.57, which suggests the price will decrease in the coming days. Percent R is at 42.02%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
