Wave Life Sciences Ltd’s recent filing unveils that its Director HENRY CHRISTIAN O unloaded Company’s shares for reported $0.1 million on Mar 20 ’25. In the deal valued at $9.77 per share,10,500 shares were sold. As a result of this transaction, HENRY CHRISTIAN O now holds 16,115 shares worth roughly $0.14 million.
Then, Christian Henry bought 10,500 shares, generating $102,579 in total proceeds.
Before that, BOLNO PAUL sold 169,025 shares. Wave Life Sciences Ltd shares valued at $1,617,569 were divested by the President and CEO at a price of $9.57 per share. As a result of the transaction, BOLNO PAUL now holds 338,351 shares, worth roughly $2.92 million.
Jefferies initiated its Wave Life Sciences Ltd [WVE] rating to a Buy in a research note published on February 25, 2025; the price target was $26. A number of analysts have revised their coverage, including Raymond James’s analysts, who increased its forecast for the stock in mid October from “an Outperform” to “a Strong buy”. B. Riley Securities started covering the stock on September 19, 2024. It rated WVE as “a Buy”.
Price Performance Review of WVE
On Friday, Wave Life Sciences Ltd [NASDAQ:WVE] saw its stock fall -4.33% to $8.62. Over the last five days, the stock has lost -10.11%. Wave Life Sciences Ltd shares have fallen nearly -30.32% since the year began. Nevertheless, the stocks have risen 52.30% over the past one year. While a 52-week high of $16.74 was reached on 01/03/25, a 52-week low of $4.25 was recorded on 03/28/25. SMA at 50 days reached $10.74, while 200 days put it at $9.78.
Levels Of Support And Resistance For WVE Stock
The 24-hour chart illustrates a support level at 8.37, which if violated will result in even more drops to 8.12. On the upside, there is a resistance level at 8.98. A further resistance level may holdings at 9.34. The Relative Strength Index (RSI) on the 14-day chart is 36.64, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.65, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.35%. Stochastics %K at 28.24% indicates the stock is a holding.
How much short interest is there in Wave Life Sciences Ltd?
A steep rise in short interest was recorded in Wave Life Sciences Ltd stocks on 2025-03-14, dropping by -1.2 million shares to a total of 8.34 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 9.54 million shares. There was a decline of -14.41%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on September 09, 2024 when JP Morgan began covering the stock and recommended ‘”an Overweight”‘ rating along with a $10 price target.
