Akebia Therapeutics Inc’s recent filing unveils that its Officer Burke Steven Keith acquired Company’s shares for reported $13086.0 on Mar 03 ’25. In the deal valued at $1.83 per share,7,144 shares were bought.
Then, Butler John P. bought 46,409 shares, generating $85,007 in total proceeds.
Before that, Butler John P. sold 144,250 shares. Akebia Therapeutics Inc shares valued at $302,925 were divested by the CEO and President at a price of $2.10 per share. As a result of the transaction, Butler John P. now holds 2,604,330 shares, worth roughly $4.69 million.
A number of analysts have revised their coverage, including H.C. Wainwright’s analysts, who increased its forecast for the stock in late August from “a Neutral” to “a Buy”. Piper Sandler also remained covering AKBA and has increased its forecast on May 31, 2023 with a “an Overweight” recommendation from previously “Neutral” rating. Piper Sandler revised its rating on March 31, 2022. It rated AKBA as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of AKBA
On Monday, Akebia Therapeutics Inc [NASDAQ:AKBA] saw its stock fall -2.70% to $1.80. Over the last five days, the stock has gained 1.69%. Akebia Therapeutics Inc shares have fallen nearly -5.26% since the year began. Nevertheless, the stocks have risen 16.88% over the past one year. While a 52-week high of $2.48 was reached on 01/27/25, a 52-week low of $0.80 was recorded on 01/13/25. SMA at 50 days reached $2.0056, while 200 days put it at $1.5625.
Levels Of Support And Resistance For AKBA Stock
The 24-hour chart illustrates a support level at 1.7683, which if violated will result in even more drops to 1.7367. On the upside, there is a resistance level at 1.8533. A further resistance level may holdings at 1.9067. The Relative Strength Index (RSI) on the 14-day chart is 34.28, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1098, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.05%. Stochastics %K at 19.84% indicates the stock is a buying.
