Oruka Therapeutics Inc’s recent filing unveils that its 10% Owner Venrock Healthcare Capital Par acquired Company’s shares for reported $1.02 million on Feb 14 ’25. In the deal valued at $11.44 per share,88,794 shares were bought. As a result of this transaction, Venrock Healthcare Capital Par now holds 4,148,428 shares worth roughly $39.66 million.
Then, Venrock Healthcare Capital Par bought 14,950 shares, generating $173,868 in total proceeds. Upon buying the shares at $11.63, the 10% Owner now owns 4,059,634 shares.
Before that, Venrock Healthcare Capital Par bought 8,971 shares. Oruka Therapeutics Inc shares valued at $106,396 were divested by the 10% Owner at a price of $11.86 per share. As a result of the transaction, Venrock Healthcare Capital Par now holds 4,044,684 shares, worth roughly $38.67 million.
Wolfe Research initiated its Oruka Therapeutics Inc [ORKA] rating to an Outperform in a research note published on February 04, 2025; the price target was $20. A number of analysts have revised their coverage, including Stifel’s analysts, who began to cover the stock in mid October with a ‘”a Buy”‘ rating. H.C. Wainwright began covering ORKA with “Buy” recommendation on October 07, 2024. Leerink Partners started covering the stock on September 17, 2024. It rated ORKA as “an Outperform”.
Price Performance Review of ORKA
On Tuesday, Oruka Therapeutics Inc [NASDAQ:ORKA] saw its stock fall -6.82% to $9.56. Over the last five days, the stock has lost -20.27%. Oruka Therapeutics Inc shares have fallen nearly -50.70% since the year began. Nevertheless, the stocks have fallen -15.84% over the past one year. While a 52-week high of $33.00 was reached on 01/06/25, a 52-week low of $9.44 was recorded on 04/01/25. SMA at 50 days reached $11.52, while 200 days put it at $25.00.
Levels Of Support And Resistance For ORKA Stock
The 24-hour chart illustrates a support level at 8.91, which if violated will result in even more drops to 8.26. On the upside, there is a resistance level at 10.25. A further resistance level may holdings at 10.94. The Relative Strength Index (RSI) on the 14-day chart is 36.82, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.75, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.80%. Stochastics %K at 40.53% indicates the stock is a holding.
How much short interest is there in Oruka Therapeutics Inc?
A steep rise in short interest was recorded in Oruka Therapeutics Inc stocks on 2025-03-14, dropping by -0.22 million shares to a total of 1.55 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 1.76 million shares. There was a decline of -13.93%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on September 16, 2024 when TD Cowen began covering the stock and recommended ‘”a Buy”‘ rating .
