Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Neurocrine Biosciences, Inc shares valued at $181,129 were sold by Cooke Julie on Feb 13 ’25. At $116.78 per share, Cooke Julie sold 1,551 shares. The insider’s holdings dropped to 19,544 shares worth approximately $2.3 million following the completion of this transaction.
Also, GORMAN KEVIN CHARLES sold 5,844 shares, netting a total of over 681,914 in proceeds. Following the sale of shares at $116.69 each, the insider now holds 521,618 shares.
Before that, SHERWIN STEPHEN A had sold 13,831 shares from its account. In a trade valued at $1,613,923, the Director traded Neurocrine Biosciences, Inc shares for $116.69 each. Upon closing the transaction, the insider’s holdings decreased to 13,831 shares, worth approximately $1.26 million.
As published in their initiating research note from Deutsche Bank on February 11, 2025, Neurocrine Biosciences, Inc [NBIX] has been a Hold and the price target has been revised to $138. As of August 29, 2024, Piper Sandler has increased its “Neutral” rating to a “an Overweight” for NBIX. Earlier on April 24, 2024, Wells Fargo upgraded its rating. Their new recommendation was “an Overweight” for NBIX stock which previously was a “an Equal weight”.
Analyzing NBIX Stock Performance
During the last five days, there has been a surge of approximately 2.91%. Over the course of the year, Neurocrine Biosciences, Inc shares have dropped approximately -13.85%. Shares of the company reached a 52-week high of $154.61 on 01/30/25 and a 52-week low of $113.00 on 02/19/25. A 50-day SMA is recorded $135.35, while a 200-day SMA reached $132.45. Nevertheless, trading volume fell to 0.89 million shares from 1.57 million shares the previous day.
Support And Resistance Levels for Neurocrine Biosciences, Inc (NBIX)
According to the 24-hour chart, there is a support level at 116.16, which, if violated, would cause prices to drop to 114.73. In the upper region, resistance lies at 118.86. The next price resistance is at 120.14. RSI (Relative Strength Index) is 34.44 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.14, which suggests the price will decrease in the coming days. Percent R is at 88.55%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
