In a filing, OmniAb Inc revealed its Executive VP, Finance and CFO GUSTAFSON KURT A unloaded Company’s shares for reported $28352.0 on Apr 01 ’25. In the deal valued at $2.37 per share,11,963 shares were sold. As a result of this transaction, GUSTAFSON KURT A now holds 217,492 shares worth roughly $0.5 million.
Then, GUSTAFSON KURT A bought 11,963 shares, generating $28,351 in total proceeds.
Before that, HIGGINS JOHN L bought 4,000 shares. OmniAb Inc shares valued at $9,120 were divested by the Director at a price of $2.28 per share. As a result of the transaction, HIGGINS JOHN L now holds 2,766,887 shares, worth roughly $6.31 million.
RBC Capital Mkts initiated its OmniAb Inc [OABI] rating to an Outperform in a research note published on November 29, 2023; the price target was $6. A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who began to cover the stock in late April with a ‘”a Buy”‘ rating. Craig Hallum began covering OABI with “Buy” recommendation on April 13, 2023. Cowen started covering the stock on February 22, 2023. It rated OABI as “an Outperform”.
Price Performance Review of OABI
On Tuesday, OmniAb Inc [NASDAQ:OABI] saw its stock fall -5.00% to $2.28. Over the last five days, the stock has lost -6.56%. OmniAb Inc shares have fallen nearly -35.59% since the year began. Nevertheless, the stocks have fallen -57.93% over the past one year. While a 52-week high of $5.54 was reached on 02/20/25, a 52-week low of $2.23 was recorded on 03/20/25. SMA at 50 days reached $3.22, while 200 days put it at $3.86.
Levels Of Support And Resistance For OABI Stock
The 24-hour chart illustrates a support level at 2.22, which if violated will result in even more drops to 2.16. On the upside, there is a resistance level at 2.38. A further resistance level may holdings at 2.48. The Relative Strength Index (RSI) on the 14-day chart is 27.99, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.29, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.56%. Stochastics %K at 12.25% indicates the stock is a buying.
How much short interest is there in OmniAb Inc?
A steep rise in short interest was recorded in OmniAb Inc stocks on 2025-03-14, dropping by -1.01 million shares to a total of 7.48 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 8.49 million shares. There was a decline of -13.48%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on February 13, 2023 when H.C. Wainwright began covering the stock and recommended ‘”a Buy”‘ rating along with a $11 price target.
