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The Potential Rise in the Price of Atricure Inc (ATRC) following insiders activity

Atricure Inc’s recently made public that its Director Prange Karen unloaded Company’s shares for reported $0.23 million on Mar 05 ’25. In the deal valued at $38.12 per share,6,100 shares were sold. As a result of this transaction, Prange Karen now holds 17,828 shares worth roughly $0.62 million.

Then, Prange Karen bought 6,100 shares, generating $232,044 in total proceeds.

Before that, Yuen Maggie sold 3,500 shares. Atricure Inc shares valued at $84,245 were divested by the Director at a price of $24.07 per share. As a result of the transaction, Yuen Maggie now holds 8,970 shares, worth roughly $0.31 million.

A number of analysts have revised their coverage, including Oppenheimer’s analysts, who increased its forecast for the stock in late April from “a Perform” to “an Outperform”. JMP Securities began covering ATRC with “Mkt outperform” recommendation on October 23, 2023. UBS started covering the stock on September 29, 2023. It rated ATRC as “a Buy”.

Price Performance Review of ATRC

On Tuesday, Atricure Inc [NASDAQ:ATRC] saw its stock fall -0.68% to $34.85. Over the last five days, the stock has gained 2.71%. Atricure Inc shares have risen nearly 14.04% since the year began. Nevertheless, the stocks have risen 17.22% over the past one year. While a 52-week high of $43.11 was reached on 01/29/25, a 52-week low of $18.94 was recorded on 01/02/25. SMA at 50 days reached $38.03, while 200 days put it at $30.42.

Levels Of Support And Resistance For ATRC Stock

The 24-hour chart illustrates a support level at 34.18, which if violated will result in even more drops to 33.52. On the upside, there is a resistance level at 35.35. A further resistance level may holdings at 35.85. The Relative Strength Index (RSI) on the 14-day chart is 44.91, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.36, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 56.55%. Stochastics %K at 35.89% indicates the stock is a holding.

How much short interest is there in Atricure Inc?

A steep rise in short interest was recorded in Atricure Inc stocks on 2025-03-14, growing by 0.42 million shares to a total of 1.7 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 1.28 million shares. There was a rise of 24.75%, which implies that there is a positive sentiment for the stock.

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