Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Liquidia Corp shares valued at $6,319 were sold by Adair Jason on Jan 27 ’25. At $14.20 per share, Adair Jason sold 445 shares. The insider’s holdings dropped to 179,770 shares worth approximately $2.78 million following the completion of this transaction.
Also, Saggar Rajeev sold 2,445 shares, netting a total of over 31,785 in proceeds. Following the sale of shares at $13.00 each, the insider now holds 267,943 shares.
Before that, Schundler Russell had sold 16,393 shares from its account. In a trade valued at $193,110, the General Counsel traded Liquidia Corp shares for $11.78 each. Upon closing the transaction, the insider’s holdings decreased to 16,393 shares, worth approximately $8.88 million.
As published in their initiating research note from Wells Fargo on December 20, 2024, Liquidia Corp [LQDA] has been an Overweight and the price target has been revised to $20. Analysts at Scotiabank started covering the stock with ‘”a Sector outperform”‘ outlook in a report released in mid October. As of August 19, 2024, Raymond James has increased its “an Outperform” rating to a “Strong buy” for LQDA. Earlier on August 16, 2024, Raymond James initiated its rating. Their recommendation was “an Outperform” for LQDA stock.
Analyzing LQDA Stock Performance
During the last five days, there has been a drop of approximately -6.30%. Over the course of the year, Liquidia Corp shares have jumped approximately 31.63%. Shares of the company reached a 52-week high of $16.81 on 02/20/25 and a 52-week low of $11.34 on 01/14/25. A 50-day SMA is recorded $13.57, while a 200-day SMA reached $11.91. Nevertheless, trading volume fell to 0.84 million shares from 0.65 million shares the previous day.
Support And Resistance Levels for Liquidia Corp (LQDA)
According to the 24-hour chart, there is a support level at 15.29, which, if violated, would cause prices to drop to 15.11. In the upper region, resistance lies at 15.66. The next price resistance is at 15.84. RSI (Relative Strength Index) is 56.32 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.48, which suggests the price will decrease in the coming days. Percent R is at 87.50%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
