Revolution Medicines Inc’s recently made public that its Officer Anders Jack acquired Company’s shares for reported $81980.0 on Mar 17 ’25. In the deal valued at $38.89 per share,2,108 shares were bought.
Then, Cislini Jeff bought 1,650 shares, generating $64,168 in total proceeds.
Before that, Kelsey Stephen Michael bought 3,611 shares. Revolution Medicines Inc shares valued at $140,432 were divested by the Officer at a price of $38.89 per share.
Needham reiterated its Revolution Medicines Inc [RVMD] rating to a Buy in a research note published on July 16, 2024; the price target was $62. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in mid July with a ‘”an Overweight”‘ rating. Jefferies began covering RVMD with “Buy” recommendation on July 08, 2024. Needham maintained its rating on April 12, 2024. It rated RVMD as “a Buy”.
Price Performance Review of RVMD
On Friday, Revolution Medicines Inc [NASDAQ:RVMD] saw its stock jump 0.23% to $39.12. Over the last five days, the stock has lost -0.23%. Revolution Medicines Inc shares have fallen nearly -10.56% since the year began. Nevertheless, the stocks have risen 16.60% over the past one year. While a 52-week high of $62.40 was reached on 01/08/25, a 52-week low of $29.55 was recorded on 03/10/25. SMA at 50 days reached $41.21, while 200 days put it at $44.64.
Levels Of Support And Resistance For RVMD Stock
The 24-hour chart illustrates a support level at 38.55, which if violated will result in even more drops to 37.98. On the upside, there is a resistance level at 39.71. A further resistance level may holdings at 40.31. The Relative Strength Index (RSI) on the 14-day chart is 45.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.10, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.86%. Stochastics %K at 47.31% indicates the stock is a holding.
How much short interest is there in Revolution Medicines Inc?
A steep rise in short interest was recorded in Revolution Medicines Inc stocks on 2025-02-28, dropping by 73514.0 shares to a total of 15.84 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 15.91 million shares. There was a decline of -0.46%, which implies that there is a negative sentiment for the stock.
