Scholar Rock Holding Corp’s filing revealed that its CHIEF SCIENTIFIC OFFICER Qatanani Mo unloaded Company’s shares for reported $2.56 million on Feb 19 ’25. In the deal valued at $37.40 per share,68,510 shares were sold. As a result of this transaction, Qatanani Mo now holds 111,084 shares worth roughly $4.13 million.
Then, Qatanani Mo sold 4,135 shares, generating $152,288 in total proceeds. Upon selling the shares at $36.83, the CHIEF SCIENTIFIC OFFICER now owns 131,286 shares.
Before that, Parlavecchio Caryn sold 5,296 shares. Scholar Rock Holding Corp shares valued at $195,046 were divested by the CHRO at a price of $36.83 per share. As a result of the transaction, Parlavecchio Caryn now holds 140,258 shares, worth roughly $5.21 million.
H.C. Wainwright reiterated its Scholar Rock Holding Corp [SRRK] rating to a Buy in a research note published on November 26, 2024; the price target was $50. A number of analysts have revised their coverage, including H.C. Wainwright’s analysts, who remained covering the stock and in early October has reiterated a ‘”a Buy”‘ rating for it. Raymond James began covering SRRK with “Strong buy” recommendation on March 28, 2024. Jefferies revised its rating on October 25, 2023. It rated SRRK as “a Buy” which previously was an “a Hold”.
Price Performance Review of SRRK
On Friday, Scholar Rock Holding Corp [NASDAQ:SRRK] saw its stock fall -1.43% to $37.16. Over the last five days, the stock has gained 0.24%. Scholar Rock Holding Corp shares have fallen nearly -14.02% since the year began. Nevertheless, the stocks have risen 148.06% over the past one year. While a 52-week high of $46.98 was reached on 01/23/25, a 52-week low of $6.76 was recorded on 02/18/25. SMA at 50 days reached $41.76, while 200 days put it at $22.38.
Levels Of Support And Resistance For SRRK Stock
The 24-hour chart illustrates a support level at 36.23, which if violated will result in even more drops to 35.29. On the upside, there is a resistance level at 38.18. A further resistance level may holdings at 39.20. The Relative Strength Index (RSI) on the 14-day chart is 40.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.47, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.64%. Stochastics %K at 38.61% indicates the stock is a holding.
