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. KalVista Pharmaceuticals Inc shares valued at $23,988 were sold by Audhya Paul K. on Feb 24 ’25. At $10.02 per share, Audhya Paul K. sold 2,394 shares. The insider’s holdings dropped to 102,940 shares worth approximately $1.2 million following the completion of this transaction.
Also, Yea Christopher sold 1,918 shares, netting a total of over 19,218 in proceeds. Following the sale of shares at $10.02 each, the insider now holds 93,952 shares.
Before that, Yea Christopher had sold 2,601 shares from its account. In a trade valued at $25,553, the CHIEF DEVELOPMENT OFFICER traded KalVista Pharmaceuticals Inc shares for $9.82 each. Upon closing the transaction, the insider’s holdings decreased to 2,601 shares, worth approximately $1.08 million.
As published in their initiating research note from JMP Securities on January 31, 2025, KalVista Pharmaceuticals Inc [KALV] has been a Mkt outperform and the price target has been revised to $19. Analysts at TD Cowen started covering the stock with ‘”a Buy”‘ outlook in a report released in early January. As of December 18, 2024, BofA Securities has initiated its “Buy” rating for KALV. Earlier on June 15, 2020, H.C. Wainwright initiated its rating. Their recommendation was “a Buy” for KALV stock.
Analyzing KALV Stock Performance
During the last five days, there has been a surge of approximately 6.91%. Over the course of the year, KalVista Pharmaceuticals Inc shares have jumped approximately 37.07%. Shares of the company reached a 52-week high of $11.75 on 03/03/25 and a 52-week low of $7.30 on 01/13/25. A 50-day SMA is recorded $9.23, while a 200-day SMA reached $11.06.
Support And Resistance Levels for KalVista Pharmaceuticals Inc (KALV)
According to the 24-hour chart, there is a support level at 11.20, which, if violated, would cause prices to drop to 10.78. In the upper region, resistance lies at 11.83. The next price resistance is at 12.04. RSI (Relative Strength Index) is 67.98 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.66, which suggests the price will decrease in the coming days. Percent R is at 5.08%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
