Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Ultragenyx Pharmaceutical Inc shares valued at $72,114 were sold by Horn Howard on Mar 06 ’25. At $40.40 per share, Horn Howard sold 1,785 shares. The insider’s holdings dropped to 106,169 shares worth approximately $4.13 million following the completion of this transaction.
Also, Kassberg Thomas Richard sold 6,028 shares, netting a total of over 253,779 in proceeds. Following the sale of shares at $42.10 each, the insider now holds 265,238 shares.
Before that, Parschauer Karah Herdman had sold 12,846 shares from its account. In a trade valued at $540,817, the EVP and Chief Legal Officer traded Ultragenyx Pharmaceutical Inc shares for $42.10 each. Upon closing the transaction, the insider’s holdings decreased to 12,846 shares, worth approximately $2.93 million.
As published in a research note from Goldman on June 06, 2024, Ultragenyx Pharmaceutical Inc [RARE] has been rated up from a Neutral to a Buy and the price target has been revised to $67 from $56. Analysts at RBC Capital Mkts started covering the stock with ‘”an Outperform”‘ outlook in a report released in late April. As of December 08, 2023, Wells Fargo has initiated its “an Overweight” rating for RARE.
Analyzing RARE Stock Performance
Over the course of the year, Ultragenyx Pharmaceutical Inc shares have dropped approximately -7.56%. Shares of the company reached a 52-week high of $46.50 on 02/06/25 and a 52-week low of $36.71 on 03/26/25. A 50-day SMA is recorded $41.67, while a 200-day SMA reached $47.12.
Support And Resistance Levels for Ultragenyx Pharmaceutical Inc (RARE)
According to the 24-hour chart, there is a support level at 38.18, which, if violated, would cause prices to drop to 37.47. In the upper region, resistance lies at 39.40. The next price resistance is at 39.92. RSI (Relative Strength Index) is 43.60 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.47, which suggests the price will decrease in the coming days. Percent R is at 43.01%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
