In a filing, Amneal Pharmaceuticals Inc revealed its Executive Vice President BOYER ANDREW S unloaded Company’s shares for reported $1.11 million on Mar 05 ’25. In the deal valued at $8.89 per share,125,000 shares were sold. As a result of this transaction, BOYER ANDREW S now holds 290,106 shares worth roughly $2.56 million.
Then, Daly Jason B. sold 46,936 shares, generating $409,751 in total proceeds. Upon selling the shares at $8.73, the EVP, Chief Legal Officer now owns 32,606 shares.
Before that, Daly Jason B. sold 43,064 shares. Amneal Pharmaceuticals Inc shares valued at $382,408 were divested by the EVP, Chief Legal Officer at a price of $8.88 per share. As a result of the transaction, Daly Jason B. now holds 79,542 shares, worth roughly $0.7 million.
JP Morgan upgraded its Amneal Pharmaceuticals Inc [AMRX] rating to an Overweight from a a Neutral in a research note published on February 24, 2025; the price target was increased to $12 from $9. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in early September from “an Underweight” to “a Neutral”. Goldman revised its rating on March 08, 2021. It rated AMRX as “a Buy” which previously was an “a Sell”.
Price Performance Review of AMRX
On Tuesday, Amneal Pharmaceuticals Inc [NASDAQ:AMRX] saw its stock jump 1.61% to $8.84. Amneal Pharmaceuticals Inc shares have risen nearly 11.62% since the year began. Nevertheless, the stocks have risen 66.48% over the past one year. While a 52-week high of $9.48 was reached on 03/03/25, a 52-week low of $5.18 was recorded on 02/28/25. SMA at 50 days reached $8.23, while 200 days put it at $7.96.
Levels Of Support And Resistance For AMRX Stock
The 24-hour chart illustrates a support level at 8.67, which if violated will result in even more drops to 8.50. On the upside, there is a resistance level at 8.99. A further resistance level may holdings at 9.14. The Relative Strength Index (RSI) on the 14-day chart is 61.26, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 20.65%. Stochastics %K at 77.63% indicates the stock is a holding.
