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. Candel Therapeutics Inc shares valued at $275,947 were sold by Tyagarajan Seshu on Mar 17 ’25. At $8.82 per share, Tyagarajan Seshu sold 31,278 shares. The insider’s holdings dropped to 85,512 shares worth approximately $0.76 million following the completion of this transaction.
Also, Schoch Charles sold 5,000 shares, netting a total of over 44,169 in proceeds. Following the sale of shares at $8.83 each, the insider now holds 38,038 shares.
Before that, FRANCESCA BARONE had added 32,146 shares to its account. In a trade valued at $283,849, the Officer bought Candel Therapeutics Inc shares for $8.83 each.
As published in their initiating research note from Citigroup on February 20, 2025, Candel Therapeutics Inc [CADL] has been a Buy and the price target has been revised to $25. Analysts at Canaccord Genuity started covering the stock with ‘”a Buy”‘ outlook in a report released in mid February. As of February 07, 2025, BofA Securities has initiated its “Buy” rating for CADL. Earlier on December 02, 2022, H.C. Wainwright initiated its rating. Their recommendation was “a Buy” for CADL stock.
Analyzing CADL Stock Performance
During the last five days, there has been a surge of approximately 10.01%. Over the course of the year, Candel Therapeutics Inc shares have jumped approximately 2.53%. Shares of the company reached a 52-week high of $13.68 on 02/20/25 and a 52-week low of $6.31 on 01/28/25. A 50-day SMA is recorded $8.26, while a 200-day SMA reached $6.73.
Support And Resistance Levels for Candel Therapeutics Inc (CADL)
According to the 24-hour chart, there is a support level at 8.76, which, if violated, would cause prices to drop to 8.63. In the upper region, resistance lies at 9.02. The next price resistance is at 9.15. RSI (Relative Strength Index) is 54.01 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.52, which suggests the price will decrease in the coming days. Percent R is at 12.57%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
