Verastem Inc’s recently made public that its Chief Financial Officer Calkins Daniel unloaded Company’s shares for reported $448.0 on Mar 20 ’25. In the deal valued at $6.89 per share,65 shares were sold. As a result of this transaction, Calkins Daniel now holds 86,374 shares worth roughly $0.5 million.
Then, Calkins Daniel sold 26 shares, generating $183 in total proceeds. Upon selling the shares at $7.04, the Chief Financial Officer now owns 86,348 shares.
Before that, Paterson Dan sold 244 shares. Verastem Inc shares valued at $1,696 were divested by the President and CEO at a price of $6.95 per share. As a result of the transaction, Paterson Dan now holds 346,479 shares, worth roughly $2.02 million.
H.C. Wainwright reiterated its Verastem Inc [VSTM] rating to a Buy in a research note published on March 24, 2025; the price target was $10. A number of analysts have revised their coverage, including BTIG Research’s analysts, who remained covering the stock and in late December has reiterated a ‘”a Buy”‘ rating for it. Guggenheim began covering VSTM with “Buy” recommendation on September 30, 2024.
Price Performance Review of VSTM
On Tuesday, Verastem Inc [NASDAQ:VSTM] saw its stock fall -3.48% to $5.82. Over the last five days, the stock has lost -11.42%. Verastem Inc shares have risen nearly 12.57% since the year began. Nevertheless, the stocks have fallen -50.68% over the past one year. While a 52-week high of $13.52 was reached on 03/12/25, a 52-week low of $2.10 was recorded on 01/02/25. SMA at 50 days reached $6.15, while 200 days put it at $4.17.
Levels Of Support And Resistance For VSTM Stock
The 24-hour chart illustrates a support level at 5.65, which if violated will result in even more drops to 5.47. On the upside, there is a resistance level at 6.16. A further resistance level may holdings at 6.50. The Relative Strength Index (RSI) on the 14-day chart is 41.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.64, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.54%. Stochastics %K at 12.41% indicates the stock is a buying.
How much short interest is there in Verastem Inc?
A steep rise in short interest was recorded in Verastem Inc stocks on 2025-03-14, growing by 1.74 million shares to a total of 7.32 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 5.58 million shares. There was a rise of 23.75%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on September 27, 2023 when B. Riley Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $21 price target.
