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The Potential Rise in the Price of Accolade Inc (ACCD) following insiders activity

Accolade Inc’s recent filing unveils that its Chief Executive Officer SINGH RAJEEV unloaded Company’s shares for reported $2019.0 on Mar 18 ’25. In the deal valued at $6.99 per share,289 shares were sold. As a result of this transaction, SINGH RAJEEV now holds 829,090 shares worth roughly $5.8 million.

Then, Barnes Stephen H. sold 142 shares, generating $992 in total proceeds. Upon selling the shares at $6.99, the Chief Financial Officer now owns 304,034 shares.

Before that, Cavanaugh Robert N sold 181 shares. Accolade Inc shares valued at $1,264 were divested by the President at a price of $6.99 per share. As a result of the transaction, Cavanaugh Robert N now holds 218,697 shares, worth roughly $1.53 million.

Needham reiterated its Accolade Inc [ACCD] rating to a Buy in a research note published on June 28, 2024; the price target was $8. A number of analysts have revised their coverage, including Leerink Partners’s analysts, who began to cover the stock in late February with a ‘”an Outperform”‘ rating. Barclays started covering the stock on January 03, 2024. It rated ACCD as “an Equal weight”.

Price Performance Review of ACCD

On Tuesday, Accolade Inc [NASDAQ:ACCD] saw its stock jump 0.14% to $6.99. Accolade Inc shares have risen nearly 104.39% since the year began. Nevertheless, the stocks have fallen -33.30% over the past one year. While a 52-week high of $10.45 was reached on 03/24/25, a 52-week low of $3.08 was recorded on 01/07/25. SMA at 50 days reached $6.94, while 200 days put it at $4.76.

Levels Of Support And Resistance For ACCD Stock

The 24-hour chart illustrates a support level at 6.98, which if violated will result in even more drops to 6.97. On the upside, there is a resistance level at 7.00. A further resistance level may holdings at 7.01. The Relative Strength Index (RSI) on the 14-day chart is 68.37, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.67%. Stochastics %K at 39.44% indicates the stock is a holding.

How much short interest is there in Accolade Inc?

A steep rise in short interest was recorded in Accolade Inc stocks on 2025-03-14, growing by 25820.0 shares to a total of 2.03 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 2.0 million shares. There was a rise of 1.27%, which implies that there is a positive sentiment for the stock.

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