Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Biohaven Ltd shares valued at $996,238 were purchased by CHILDS JOHN W on Mar 04 ’25. At $30.47 per share, CHILDS JOHN W acquired 32,700 shares. The insider’s holdings grew to 2,320,571 shares worth approximately $71.87 million following the completion of this transaction.
Also, CHILDS JOHN W purchased 29,000 shares, netting a total of over 1,042,393 in proceeds. Following the buying of shares at $35.94 each, the insider now holds 2,368,741 shares.
Before that, CHILDS JOHN W had added 21,052 shares to its account. In a trade valued at $999,970, the Director bought Biohaven Ltd shares for $47.50 each. Upon closing the transaction, the insider’s holdings increased to 21,052 shares, worth approximately $0.65 million.
As published in their initiating research note from Deutsche Bank on February 11, 2025, Biohaven Ltd [BHVN] has been a Buy and the price target has been revised to $65. Analysts at Jefferies started covering the stock with ‘”a Buy”‘ outlook in a report released in mid September. As of September 04, 2024, Bernstein has initiated its “an Outperform” rating for BHVN. Earlier on July 24, 2024, Morgan Stanley initiated its rating. Their recommendation was “an Overweight” for BHVN stock.
Analyzing BHVN Stock Performance
During the last five days, there has been a drop of approximately -16.70%. Over the course of the year, Biohaven Ltd shares have dropped approximately -17.08%. Shares of the company reached a 52-week high of $44.28 on 02/11/25 and a 52-week low of $28.01 on 03/04/25. A 50-day SMA is recorded $37.75, while a 200-day SMA reached $40.64.
Support And Resistance Levels for Biohaven Ltd (BHVN)
According to the 24-hour chart, there is a support level at 30.06, which, if violated, would cause prices to drop to 29.14. In the upper region, resistance lies at 31.88. The next price resistance is at 32.78. RSI (Relative Strength Index) is 30.16 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -5.38, which suggests the price will decrease in the coming days. Percent R is at 80.01%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
