Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. FibroGen Inc shares valued at $50,663 were purchased by Wettig Thane on Mar 24 ’25. At $0.35 per share, Wettig Thane acquired 145,000 shares. The insider’s holdings grew to 543,329 shares worth approximately $0.18 million following the completion of this transaction.
Also, Schoeneck James A purchased 250,000 shares, netting a total of over 88,000 in proceeds. Following the buying of shares at $0.35 each, the insider now holds 323,722 shares.
Before that, Schoeneck James A had added 50,000 shares to its account. In a trade valued at $17,040, the Director bought FibroGen Inc shares for $0.34 each. Upon closing the transaction, the insider’s holdings increased to 50,000 shares, worth approximately $0.12 million.
As published in a research note from BofA Securities on August 08, 2023, FibroGen Inc [FGEN] has been rated down from a Neutral to an Underperform and the price target has been revised to $2 from $4. Analysts at William Blair downgraded the stock from ‘”an Outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in late June. As of June 26, 2023, Stifel has decreased its “Buy” rating to a “Hold” for FGEN. Earlier on June 26, 2023, Raymond James downgraded its rating. Their new recommendation was “a Mkt perform” for FGEN stock which previously was a “an Outperform”.
Analyzing FGEN Stock Performance
During the last five days, there has been a drop of approximately -2.53%. Over the course of the year, FibroGen Inc shares have dropped approximately -38.05%. Shares of the company reached a 52-week high of $0.8775 on 02/20/25 and a 52-week low of $0.3040 on 03/21/25. A 50-day SMA is recorded $0.4675, while a 200-day SMA reached $0.5297.
Support And Resistance Levels for FibroGen Inc (FGEN)
According to the 24-hour chart, there is a support level at 0.3170, which, if violated, would cause prices to drop to 0.3060. In the upper region, resistance lies at 0.3420. The next price resistance is at 0.3560. RSI (Relative Strength Index) is 40.01 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0419, which suggests the price will decrease in the coming days. Percent R is at 87.22%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
