Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Protagonist Therapeutics Inc shares valued at $1,678,270 were purchased by MOLINA ARTURO MD on Mar 13 ’25. At $55.00 per share, MOLINA ARTURO MD acquired 30,514 shares.
Also, Ali Asif purchased 24,903 shares, netting a total of over 1,462,587 in proceeds.
Before that, PATEL DINESH V PH D had sold 5,359 shares from its account. In a trade valued at $204,607, the President and CEO traded Protagonist Therapeutics Inc shares for $38.18 each. Upon closing the transaction, the insider’s holdings decreased to 5,359 shares, worth approximately $29.66 million.
As published in their initiating research note from Goldman on December 06, 2024, Protagonist Therapeutics Inc [PTGX] has been a Neutral and the price target has been revised to $47. Analysts at BMO Capital Markets started covering the stock with ‘”an Outperform”‘ outlook in a report released in early December. As of November 05, 2024, Wedbush has initiated its “an Outperform” rating for PTGX. Earlier on September 24, 2024, TD Cowen initiated its rating. Their recommendation was “a Buy” for PTGX stock.
Analyzing PTGX Stock Performance
During the last five days, there has been a surge of approximately 40.59%. Over the course of the year, Protagonist Therapeutics Inc shares have jumped approximately 42.23%. Shares of the company reached a 52-week high of $60.60 on 03/12/25 and a 52-week low of $33.70 on 02/25/25. A 50-day SMA is recorded $39.38, while a 200-day SMA reached $40.17.
Support And Resistance Levels for Protagonist Therapeutics Inc (PTGX)
According to the 24-hour chart, there is a support level at 53.56, which, if violated, would cause prices to drop to 52.22. In the upper region, resistance lies at 57.47. The next price resistance is at 60.04. RSI (Relative Strength Index) is 71.77 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 14.41, which suggests the price will increase in the coming days. Percent R is at 21.19%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
