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A company insider recently sold 289 shares of Accolade Inc [ACCD]. Should You Sale?

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Accolade Inc shares valued at $2,019 were sold by SINGH RAJEEV on Mar 18 ’25. At $6.99 per share, SINGH RAJEEV sold 289 shares. The insider’s holdings dropped to 829,090 shares worth approximately $5.8 million following the completion of this transaction.

Also, Barnes Stephen H. sold 142 shares, netting a total of over 992 in proceeds. Following the sale of shares at $6.99 each, the insider now holds 304,034 shares.

Before that, Cavanaugh Robert N had sold 181 shares from its account. In a trade valued at $1,264, the President traded Accolade Inc shares for $6.99 each. Upon closing the transaction, the insider’s holdings decreased to 181 shares, worth approximately $1.53 million.

As published in a research note from Needham on June 28, 2024, Accolade Inc [ACCD] has been retained to a Buy and the price target has been revised to $8. Analysts at Leerink Partners started covering the stock with ‘”an Outperform”‘ outlook in a report released in late February. Earlier on January 03, 2024, Barclays initiated its rating. Their recommendation was “an Equal weight” for ACCD stock.

Analyzing ACCD Stock Performance

Over the course of the year, Accolade Inc shares have jumped approximately 104.39%. Shares of the company reached a 52-week high of $7.01 on 03/24/25 and a 52-week low of $3.33 on 01/07/25. A 50-day SMA is recorded $6.93, while a 200-day SMA reached $4.75.

Support And Resistance Levels for Accolade Inc (ACCD)

According to the 24-hour chart, there is a support level at 6.98, which, if violated, would cause prices to drop to 6.97. In the upper region, resistance lies at 7.00. The next price resistance is at 7.01. RSI (Relative Strength Index) is 72.41 on the 14-day chart, showing overbought 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 40.00%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

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