AMGEN Inc’s recently made public that its EVP, Operations Santos Esteban unloaded Company’s shares for reported $2.55 million on Feb 19 ’25. In the deal valued at $292.84 per share,8,711 shares were sold. As a result of this transaction, Santos Esteban now holds 71,546 shares worth roughly $22.16 million.
Then, REESE DAVID M sold 25,225 shares, generating $7,679,524 in total proceeds. Upon selling the shares at $304.44, the EVP & Chief Technology Officer now owns 36,922 shares.
Before that, REESE DAVID M sold 8,711 shares. AMGEN Inc shares valued at $2,554,224 were divested by the EVP & Chief Technology Officer at a price of $293.22 per share. As a result of the transaction, REESE DAVID M now holds 62,147 shares, worth roughly $19.25 million.
A number of analysts have revised their coverage, including Wolfe Research’s analysts, who began to cover the stock in mid November with a ‘”a Peer perform”‘ rating. Citigroup began covering AMGN with “Neutral” recommendation on November 14, 2024. Bernstein started covering the stock on October 17, 2024. It rated AMGN as “an Outperform”.
Price Performance Review of AMGN
On Friday, AMGEN Inc [NASDAQ:AMGN] saw its stock jump 2.21% to $309.72. Over the last five days, the stock has gained 6.37%. AMGEN Inc shares have risen nearly 18.83% since the year began. Nevertheless, the stocks have risen 9.26% over the past one year. While a 52-week high of $346.85 was reached on 02/24/25, a 52-week low of $253.30 was recorded on 01/06/25. SMA at 50 days reached $277.29, while 200 days put it at $305.98.
Levels Of Support And Resistance For AMGN Stock
The 24-hour chart illustrates a support level at 304.83, which if violated will result in even more drops to 299.94. On the upside, there is a resistance level at 314.18. A further resistance level may holdings at 318.64. The Relative Strength Index (RSI) on the 14-day chart is 70.11, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 6.37, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 13.79%. Stochastics %K at 73.12% indicates the stock is a holding.
