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Monitoring Alkermes plc (ALKS) after recent insider movements

Alkermes plc’s filing revealed that its VP, Finance (Interim PAO) Parisi Samuel Joseph unloaded Company’s shares for reported $47361.0 on Feb 20 ’25. In the deal valued at $35.69 per share,1,327 shares were sold. As a result of this transaction, Parisi Samuel Joseph now holds 7,717 shares worth roughly $0.27 million.

Then, Hopkinson Craig C. sold 204,921 shares, generating $6,718,278 in total proceeds. Upon selling the shares at $32.78, the EVP R&D, Chief Medical Officer now owns 57,875 shares.

Before that, Hopkinson Craig C. sold 144,419 shares. Alkermes plc shares valued at $5,130,698 were divested by the EVP R&D, Chief Medical Officer at a price of $35.53 per share. As a result of the transaction, Hopkinson Craig C. now holds 57,875 shares, worth roughly $2.06 million.

Deutsche Bank initiated its Alkermes plc [ALKS] rating to a Buy in a research note published on February 11, 2025; the price target was $40. A number of analysts have revised their coverage, including Stifel’s analysts, who increased its forecast for the stock in early November from “a Hold” to “a Buy”. TD Cowen began covering ALKS with “Buy” recommendation on June 17, 2024. Robert W. Baird started covering the stock on March 19, 2024. It rated ALKS as “an Outperform”.

Price Performance Review of ALKS

On Friday, Alkermes plc [NASDAQ:ALKS] saw its stock jump 0.57% to $35.52. Over the last five days, the stock has lost -1.03%. Alkermes plc shares have risen nearly 23.50% since the year began. Nevertheless, the stocks have risen 21.73% over the past one year. While a 52-week high of $36.45 was reached on 02/18/25, a 52-week low of $22.90 was recorded on 01/13/25. SMA at 50 days reached $31.01, while 200 days put it at $27.72.

Levels Of Support And Resistance For ALKS Stock

The 24-hour chart illustrates a support level at 35.10, which if violated will result in even more drops to 34.67. On the upside, there is a resistance level at 35.77. A further resistance level may holdings at 36.01. The Relative Strength Index (RSI) on the 14-day chart is 72.60, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.70, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 15.66%. Stochastics %K at 83.47% indicates the stock is a selling.

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