Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Biogen Inc shares valued at $1,314,142 were sold by SHERWIN STEPHEN A on Mar 07 ’25. At $150.02 per share, SHERWIN STEPHEN A sold 8,760 shares. The insider’s holdings dropped to 11,318 shares worth approximately $1.6 million following the completion of this transaction.
Also, STEPHEN A SHERWIN purchased 8,760 shares, netting a total of over 1,290,961 in proceeds.
Before that, Singhal Priya had sold 110 shares from its account. In a trade valued at $17,293, the Head of Development traded Biogen Inc shares for $157.21 each. Upon closing the transaction, the insider’s holdings decreased to 110 shares, worth approximately $0.77 million.
As published in their initiating research note from Bernstein on February 11, 2025, Biogen Inc [BIIB] has been a Mkt perform and the price target has been revised to $160. Analysts at Piper Sandler downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in early January. As of December 20, 2024, BMO Capital Markets has decreased its “an Outperform” rating to a “Market perform” for BIIB. Earlier on December 16, 2024, Stifel downgraded its rating. Their new recommendation was “a Hold” for BIIB stock which previously was a “a Buy”.
Analyzing BIIB Stock Performance
During the last five days, there has been a surge of approximately 1.00%. Over the course of the year, Biogen Inc shares have dropped approximately -7.55%. Shares of the company reached a 52-week high of $157.09 on 03/10/25 and a 52-week low of $128.51 on 02/12/25. A 50-day SMA is recorded $142.85, while a 200-day SMA reached $180.61.
Support And Resistance Levels for Biogen Inc (BIIB)
According to the 24-hour chart, there is a support level at 140.54, which, if violated, would cause prices to drop to 139.71. In the upper region, resistance lies at 142.58. The next price resistance is at 143.79. RSI (Relative Strength Index) is 47.34 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.55, which suggests the price will decrease in the coming days. Percent R is at 85.10%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
