In a filing, Nuvalent Inc revealed its Chief Development Officer Noci Darlene unloaded Company’s shares for reported $2.16 million on Mar 06 ’25. In the deal valued at $71.86 per share,30,000 shares were sold. As a result of this transaction, Noci Darlene now holds 48,034 shares worth roughly $3.24 million.
Then, Noci Darlene sold 4,000 shares, generating $287,721 in total proceeds. Upon selling the shares at $71.93, the Chief Development Officer now owns 48,034 shares.
Before that, Darlene Noci bought 46,000 shares. Nuvalent Inc shares valued at $3,526,800 were divested by the Officer at a price of $76.67 per share.
H.C. Wainwright initiated its Nuvalent Inc [NUVL] rating to a Buy in a research note published on December 30, 2024; the price target was $110. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in late October with a ‘”a Neutral”‘ rating. Barclays began covering NUVL with “an Overweight” recommendation on August 29, 2024. Jefferies started covering the stock on April 17, 2024. It rated NUVL as “a Buy”.
Price Performance Review of NUVL
On Monday, Nuvalent Inc [NASDAQ:NUVL] saw its stock fall -5.19% to $67.38. Over the last five days, the stock has lost -5.14%. Nuvalent Inc shares have fallen nearly -13.92% since the year began. Nevertheless, the stocks have fallen -20.23% over the past one year. While a 52-week high of $113.51 was reached on 02/06/25, a 52-week low of $61.79 was recorded on 03/10/25. SMA at 50 days reached $79.35, while 200 days put it at $84.33.
Levels Of Support And Resistance For NUVL Stock
The 24-hour chart illustrates a support level at 66.11, which if violated will result in even more drops to 64.84. On the upside, there is a resistance level at 69.58. A further resistance level may holdings at 71.79. The Relative Strength Index (RSI) on the 14-day chart is 28.74, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.47, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.95%. Stochastics %K at 13.04% indicates the stock is a buying.
