Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Aadi Bioscience Inc shares valued at $5,045 were sold by BALL BRYAN on Mar 03 ’25. At $2.35 per share, BALL BRYAN sold 2,147 shares. The insider’s holdings dropped to 102,853 shares worth approximately $0.22 million following the completion of this transaction.
Also, Giacobello Scott M. sold 2,806 shares, netting a total of over 6,594 in proceeds. Following the sale of shares at $2.35 each, the insider now holds 23,944 shares.
Before that, Lennon David James had sold 5,690 shares from its account. In a trade valued at $13,372, the CHIEF EXECUTIVE OFFICER traded Aadi Bioscience Inc shares for $2.35 each. Upon closing the transaction, the insider’s holdings decreased to 5,690 shares, worth approximately $70200.90000000001.
As published in a research note from Piper Sandler on August 27, 2024, Aadi Bioscience Inc [AADI] has been rated down from an Overweight to a Neutral and the price target has been revised to $1.75 from $5. Analysts at TD Cowen downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in late August. As of August 21, 2024, Jefferies has decreased its “Buy” rating to a “Hold” for AADI. Earlier on December 15, 2023, H.C. Wainwright downgraded its rating. Their new recommendation was “a Neutral” for AADI stock which previously was a “a Buy”.
Analyzing AADI Stock Performance
During the last five days, there has been a drop of approximately -18.29%. Over the course of the year, Aadi Bioscience Inc shares have dropped approximately -33.44%. Shares of the company reached a 52-week high of $3.81 on 01/08/25 and a 52-week low of $2.03 on 03/06/25. A 50-day SMA is recorded $2.90, while a 200-day SMA reached $2.11.
Support And Resistance Levels for Aadi Bioscience Inc (AADI)
According to the 24-hour chart, there is a support level at 2.00, which, if violated, would cause prices to drop to 1.91. In the upper region, resistance lies at 2.22. The next price resistance is at 2.35. RSI (Relative Strength Index) is 27.64 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.35, which suggests the price will decrease in the coming days. Percent R is at 92.31%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
