The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Trevi Therapeutics Inc shares valued at $548,878 were sold by Simon Farrell on Mar 10 ’25. At $6.75 per share, Simon Farrell sold 81,313 shares. The insider’s holdings dropped to 76,900 shares worth approximately $0.48 million following the completion of this transaction.
Also, Simon Farrell purchased 81,313 shares, netting a total of over 548,880 in proceeds.
Before that, GOOD JENNIFER L had sold 4,219 shares from its account. In a trade valued at $12,784, the President & CEO traded Trevi Therapeutics Inc shares for $3.03 each. Upon closing the transaction, the insider’s holdings decreased to 4,219 shares, worth approximately $1.34 million.
As published in a research note from Raymond James on March 10, 2025, Trevi Therapeutics Inc [TRVI] has been rated up from an Outperform to a Strong buy and the price target has been revised to $29 from $9. Analysts at Needham resumed the stock at ‘”a Buy”‘ outlook in a report released in early March. As of December 12, 2024, H.C. Wainwright has reiterated its “Buy” rating for TRVI.
Analyzing TRVI Stock Performance
During the last five days, there has been a surge of approximately 46.62%. Over the course of the year, Trevi Therapeutics Inc shares have jumped approximately 52.67%. Shares of the company reached a 52-week high of $7.39 on 03/10/25 and a 52-week low of $3.47 on 01/22/25. A 50-day SMA is recorded $4.32, while a 200-day SMA reached $3.33.
Support And Resistance Levels for Trevi Therapeutics Inc (TRVI)
According to the 24-hour chart, there is a support level at 6.09, which, if violated, would cause prices to drop to 5.88. In the upper region, resistance lies at 6.43. The next price resistance is at 6.56. RSI (Relative Strength Index) is 78.13 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.37, which suggests the price will increase in the coming days. Percent R is at 33.33%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
