Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Vertex Pharmaceuticals, Inc shares valued at $610,560 were purchased by ALTSHULER DAVID on Feb 27 ’25. At $480.00 per share, ALTSHULER DAVID acquired 1,272 shares.
Also, Atkinson Edward Morrow III purchased 2,650 shares, netting a total of over 1,259,651 in proceeds.
Before that, Tatsis Ourania had added 530 shares to its account. In a trade valued at $251,930, the Officer bought Vertex Pharmaceuticals, Inc shares for $475.34 each.
As published in a research note from Canaccord Genuity on February 12, 2025, Vertex Pharmaceuticals, Inc [VRTX] has been rated up from a Sell to a Hold and the price target has been revised to $424 from $408. Analysts at Canaccord Genuity upgraded the stock from ‘”a Sell”‘ to ‘”a Hold”‘ outlook in a report released in mid February. As of January 30, 2025, Wells Fargo has decreased its “an Overweight” rating to a “an Equal weight” for VRTX. Earlier on December 20, 2024, H.C. Wainwright resumed its rating. Their recommendation was “a Buy” for VRTX stock.
Analyzing VRTX Stock Performance
During the last five days, there has been a drop of approximately -1.21%. Over the course of the year, Vertex Pharmaceuticals, Inc shares have jumped approximately 17.83%. Shares of the company reached a 52-week high of $491.80 on 02/05/25 and a 52-week low of $397.24 on 01/13/25. A 50-day SMA is recorded $441.56, while a 200-day SMA reached $465.43. Nevertheless, trading volume fell to 1.05 million shares from 0.82 million shares the previous day.
Support And Resistance Levels for Vertex Pharmaceuticals, Inc (VRTX)
According to the 24-hour chart, there is a support level at 469.98, which, if violated, would cause prices to drop to 465.47. In the upper region, resistance lies at 482.54. The next price resistance is at 490.59. RSI (Relative Strength Index) is 58.10 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 7.75, which suggests the price will increase in the coming days. Percent R is at 31.33%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
