Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. ARS Pharmaceuticals Inc shares valued at $556,046 were sold by Shawver Laura on Mar 06 ’25. At $11.21 per share, Shawver Laura sold 49,600 shares. The insider’s holdings dropped to 210,346 shares worth approximately $2.51 million following the completion of this transaction.
Also, Shawver Laura sold 400 shares, netting a total of over 4,400 in proceeds. Following the sale of shares at $11.00 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 $550,000, the Director bought ARS Pharmaceuticals Inc shares for $11.00 each.
As published in their initiating research note from Scotiabank on March 07, 2025, ARS Pharmaceuticals Inc [SPRY] has been a Sector outperform and the price target has been revised to $30. Analysts at Oppenheimer started covering the stock with ‘”an Outperform”‘ outlook in a report released in early February. As of August 20, 2024, Cantor Fitzgerald has initiated its “an Overweight” rating for SPRY. Earlier on August 13, 2024, Raymond James upgraded its rating. Their new recommendation was “a Strong buy” for SPRY stock which previously was a “an Outperform”.
Analyzing SPRY Stock Performance
During the last five days, there has been a surge of approximately 10.75%. Over the course of the year, ARS Pharmaceuticals Inc shares have jumped approximately 13.27%. 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 $11.87, while a 200-day SMA reached $12.18.
Support And Resistance Levels for ARS Pharmaceuticals Inc (SPRY)
According to the 24-hour chart, there is a support level at 11.73, which, if violated, would cause prices to drop to 11.52. In the upper region, resistance lies at 12.33. The next price resistance is at 12.72. RSI (Relative Strength Index) is 55.75 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.06, which suggests the price will increase in the coming days. Percent R is at 22.00%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
