Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Cerus Corp shares valued at $41,131 were sold by Jensen Chrystal on Mar 07 ’25. At $1.50 per share, Jensen Chrystal sold 27,457 shares. The insider’s holdings dropped to 832,318 shares worth approximately $1.16 million following the completion of this transaction.
Also, Jayaraman Vivek K sold 33,999 shares, netting a total of over 50,931 in proceeds. Following the sale of shares at $1.50 each, the insider now holds 1,507,315 shares.
Before that, Greenman William Mariner had sold 60,984 shares from its account. In a trade valued at $91,354, the President and CEO traded Cerus Corp shares for $1.50 each. Upon closing the transaction, the insider’s holdings decreased to 60,984 shares, worth approximately $5.99 million.
As published in their initiating research note from Craig Hallum on April 12, 2024, Cerus Corp [CERS] has been a Buy and the price target has been revised to $5. Analysts at BTIG Research downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in mid January. As of January 17, 2023, Stephens has decreased its “an Overweight” rating to a “an Equal-weight” for CERS.
Analyzing CERS Stock Performance
During the last five days, there has been a drop of approximately -9.15%. Over the course of the year, Cerus Corp shares have dropped approximately -9.74%. Shares of the company reached a 52-week high of $2.2350 on 01/28/25 and a 52-week low of $1.3900 on 03/13/25. A 50-day SMA is recorded $1.7172, while a 200-day SMA reached $1.8483.
Support And Resistance Levels for Cerus Corp (CERS)
According to the 24-hour chart, there is a support level at 1.3617, which, if violated, would cause prices to drop to 1.3333. In the upper region, resistance lies at 1.4467. The next price resistance is at 1.5033. RSI (Relative Strength Index) is 32.25 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0995, which suggests the price will decrease in the coming days. Percent R is at 100.00%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
