Acelyrin Inc’s recent filing unveils that its Chief Executive Officer Kim Mina unloaded Company’s shares for reported $49354.0 on Mar 17 ’25. In the deal valued at $2.74 per share,17,986 shares were sold. As a result of this transaction, Kim Mina now holds 671,753 shares worth roughly $1.69 million.
Then, Murugan Amar sold 3,913 shares, generating $10,737 in total proceeds. Upon selling the shares at $2.74, the Chief Legal Officer now owns 121,587 shares.
Before that, Mpofu Shephard sold 3,211 shares. Acelyrin Inc shares valued at $8,811 were divested by the Chief Medical Officer at a price of $2.74 per share. As a result of the transaction, Mpofu Shephard now holds 121,789 shares, worth roughly $0.31 million.
H.C. Wainwright downgraded its Acelyrin Inc [SLRN] rating to a Neutral from a a Buy in a research note published on August 14, 2024; the price target was decreased to $6 from $18. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who increased its forecast for the stock in early July from “an Equal weight” to “an Overweight”. Wells Fargo began covering SLRN with “an Equal weight” recommendation on December 13, 2023. Citigroup started covering the stock on December 08, 2023. It rated SLRN as “a Neutral”.
Price Performance Review of SLRN
On Tuesday, Acelyrin Inc [NASDAQ:SLRN] saw its stock jump 1.62% to $2.51. Acelyrin Inc shares have fallen nearly -20.06% since the year began. Nevertheless, the stocks have fallen -62.81% over the past one year. While a 52-week high of $7.25 was reached on 01/03/25, a 52-week low of $1.85 was recorded on 02/11/25. SMA at 50 days reached $2.36, while 200 days put it at $4.15.
Levels Of Support And Resistance For SLRN Stock
The 24-hour chart illustrates a support level at 2.43, which if violated will result in even more drops to 2.36. On the upside, there is a resistance level at 2.57. A further resistance level may holdings at 2.64. The Relative Strength Index (RSI) on the 14-day chart is 46.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.13, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.31%. Stochastics %K at 24.52% indicates the stock is a holding.
How much short interest is there in Acelyrin Inc?
A steep rise in short interest was recorded in Acelyrin Inc stocks on 2025-03-14, dropping by 31600.0 shares to a total of 4.68 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 4.72 million shares. There was a decline of -0.67%, which implies that there is a negative sentiment for the stock.
