Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Amneal Pharmaceuticals Inc shares valued at $41,750,000 were sold by Patel Tushar Bhikhubhai on Mar 14 ’25. At $8.35 per share, Patel Tushar Bhikhubhai sold 5,000,000 shares. The insider’s holdings dropped to 48,578,209 shares worth approximately $437.69 million following the completion of this transaction.
Also, Patel Tushar Bhikhubhai purchased 5,000,000 shares, netting a total of over 43,750,000 in proceeds.
Before that, BOYER ANDREW S had sold 125,000 shares from its account. In a trade valued at $1,111,250, the Executive Vice President traded Amneal Pharmaceuticals Inc shares for $8.89 each. Upon closing the transaction, the insider’s holdings decreased to 125,000 shares, worth approximately $2.61 million.
As published in a research note from JP Morgan on February 24, 2025, Amneal Pharmaceuticals Inc [AMRX] has been rated up from a Neutral to an Overweight and the price target has been revised to $12 from $9. Analysts at JP Morgan upgraded the stock from ‘”an Underweight”‘ to ‘”a Neutral”‘ outlook in a report released in early September. Earlier on March 08, 2021, Goldman upgraded its rating. Their new recommendation was “a Buy” for AMRX stock which previously was a “a Sell”.
Analyzing AMRX Stock Performance
During the last five days, there has been a surge of approximately 2.50%. Over the course of the year, Amneal Pharmaceuticals Inc shares have jumped approximately 13.76%. Shares of the company reached a 52-week high of $9.16 on 03/03/25 and a 52-week low of $7.61 on 02/28/25. A 50-day SMA is recorded $8.36, while a 200-day SMA reached $8.03.
Support And Resistance Levels for Amneal Pharmaceuticals Inc (AMRX)
According to the 24-hour chart, there is a support level at 8.75, which, if violated, would cause prices to drop to 8.48. In the upper region, resistance lies at 9.16. The next price resistance is at 9.30. RSI (Relative Strength Index) is 63.42 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.01, which suggests the price will decrease in the coming days. Percent R is at 17.86%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
