Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. ARS Pharmaceuticals Inc shares valued at $550,000 were purchased by Shawver Laura on Mar 05 ’25. At $11.00 per share, Shawver Laura acquired 50,000 shares.
Also, Shawver Laura sold 50,000 shares, netting a total of over 615,565 in proceeds. Following the sale of shares at $12.31 each, the insider now holds 210,346 shares.
Before that, Shawver Laura had added 50,000 shares to its account. In a trade valued at $615,565, the Director bought ARS Pharmaceuticals Inc shares for $12.31 each.
As published in their initiating research note from Oppenheimer on February 10, 2025, ARS Pharmaceuticals Inc [SPRY] has been an Outperform and the price target has been revised to $40. Analysts at Cantor Fitzgerald started covering the stock with ‘”an Overweight”‘ outlook in a report released in mid August. As of August 13, 2024, Raymond James has increased its “an Outperform” rating to a “Strong buy” for SPRY. Earlier on August 12, 2024, Leerink Partners resumed its rating. Their recommendation was “an Outperform” for SPRY stock.
Analyzing SPRY Stock Performance
During the last five days, there has been a surge of approximately 5.78%. Over the course of the year, ARS Pharmaceuticals Inc shares have jumped approximately 2.27%. Shares of the company reached a 52-week high of $15.19 on 01/27/25 and a 52-week low of $10.00 on 03/04/25. A 50-day SMA is recorded $11.84, while a 200-day SMA reached $12.12.
Support And Resistance Levels for ARS Pharmaceuticals Inc (SPRY)
According to the 24-hour chart, there is a support level at 10.52, which, if violated, would cause prices to drop to 10.24. In the upper region, resistance lies at 11.31. The next price resistance is at 11.82. RSI (Relative Strength Index) is 41.65 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.24, which suggests the price will decrease in the coming days. Percent R is at 67.49%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
