Biogen Inc’s filing revealed that its Head of Development Singhal Priya unloaded Company’s shares for reported $17293.0 on Dec 09 ’24. In the deal valued at $157.21 per share,110 shares were sold. As a result of this transaction, Singhal Priya now holds 5,426 shares worth roughly $0.78 million.
Then, Singhal Priya bought 110 shares, generating $17,293 in total proceeds.
Before that, Singhal Priya sold 431 shares. Biogen Inc shares valued at $88,019 were divested by the Head of Development at a price of $204.22 per share. As a result of the transaction, Singhal Priya now holds 5,316 shares, worth roughly $0.76 million.
Bernstein initiated its Biogen Inc [BIIB] rating to a Mkt perform in a research note published on February 11, 2025; the price target was $160. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who decreased its forecast for the stock in early January from “an Overweight” to “a Neutral”. BMO Capital Markets also remained covering BIIB and has decreased its forecast on December 20, 2024 with a “Market perform” recommendation from previously “an Outperform” rating. Stifel revised its rating on December 16, 2024. It rated BIIB as “a Hold” which previously was an “a Buy”.
Price Performance Review of BIIB
On Tuesday, Biogen Inc [NASDAQ:BIIB] saw its stock jump 1.55% to $143.46. Over the last five days, the stock has gained 5.05%. Biogen Inc shares have fallen nearly -6.19% since the year began. Nevertheless, the stocks have fallen -35.52% over the past one year. While a 52-week high of $238.00 was reached on 01/07/25, a 52-week low of $128.51 was recorded on 02/12/25. SMA at 50 days reached $145.50, while 200 days put it at $187.51.
Levels Of Support And Resistance For BIIB Stock
The 24-hour chart illustrates a support level at 140.37, which if violated will result in even more drops to 137.28. On the upside, there is a resistance level at 146.12. A further resistance level may holdings at 148.78. The Relative Strength Index (RSI) on the 14-day chart is 52.42, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.07, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 19.15%. Stochastics %K at 71.82% indicates the stock is a holding.
