The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Harmony Biosciences Holdings Inc shares valued at $159,090 were sold by Dierks Jeffrey on Mar 03 ’25. At $32.67 per share, Dierks Jeffrey sold 4,869 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, JEFFREY G DIERKS purchased 4,869 shares, netting a total of over 164,816 in proceeds.
Before that, Dierks Jeffrey had sold 13,125 shares from its account. In a trade valued at $489,634, the CHIEF COMMERCIAL OFFICER traded Harmony Biosciences Holdings Inc shares for $37.31 each. Upon closing the transaction, the insider’s holdings decreased to 13,125 shares, worth approximately $0.0.
As published in their initiating research note from Deutsche Bank on February 11, 2025, Harmony Biosciences Holdings Inc [HRMY] has been a Buy and the price target has been revised to $55. Analysts at H.C. Wainwright started covering the stock with ‘”a Buy”‘ outlook in a report released in mid December. Earlier on September 10, 2024, UBS initiated its rating. Their recommendation was “a Buy” for HRMY stock.
Analyzing HRMY Stock Performance
During the last five days, there has been a surge of approximately 0.81%. Over the course of the year, Harmony Biosciences Holdings Inc shares have dropped approximately -1.95%. Shares of the company reached a 52-week high of $40.93 on 01/21/25 and a 52-week low of $31.73 on 03/04/25. A 50-day SMA is recorded $36.34, while a 200-day SMA reached $34.41.
Support And Resistance Levels for Harmony Biosciences Holdings Inc (HRMY)
According to the 24-hour chart, there is a support level at 32.91, which, if violated, would cause prices to drop to 32.07. In the upper region, resistance lies at 34.37. The next price resistance is at 34.99. RSI (Relative Strength Index) is 42.95 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.28, which suggests the price will decrease in the coming days. Percent R is at 75.43%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
