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Alumis Inc (ALMS) receives an Outperform rating from Oppenheimer

Alumis Inc’s recent filing unveils that its Director Colowick Alan acquired Company’s shares for reported $0.11 million on Apr 01 ’25. In the deal valued at $6.97 per share,16,104 shares were bought. As a result of this transaction, Colowick Alan now holds 16,104 shares worth roughly $0.16 million.

Then, Colowick Alan bought 2,300 shares, generating $17,235 in total proceeds. Upon buying the shares at $7.49, the Director now owns 18,404 shares.

Before that, Babler Martin bought 15,650 shares. Alumis Inc shares valued at $100,733 were divested by the President, CEO and Chairman at a price of $6.44 per share. As a result of the transaction, Babler Martin now holds 106,454 shares, worth roughly $1.07 million.

Oppenheimer initiated its Alumis Inc [ALMS] rating to an Outperform in a research note published on January 30, 2025; the price target was $32. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who began to cover the stock in late October with a ‘”an Outperform”‘ rating. H.C. Wainwright began covering ALMS with “Buy” recommendation on October 17, 2024. Morgan Stanley started covering the stock on July 23, 2024. It rated ALMS as “an Overweight”.

Price Performance Review of ALMS

On Monday, Alumis Inc [NASDAQ:ALMS] saw its stock jump 0.20% to $10.07. Over the last five days, the stock has gained 64.01%. Alumis Inc shares have risen nearly 28.12% since the year began.

Levels Of Support And Resistance For ALMS Stock

The 24-hour chart illustrates a support level at 8.17, which if violated will result in even more drops to 6.26. On the upside, there is a resistance level at 11.17. A further resistance level may holdings at 12.26. The Relative Strength Index (RSI) on the 14-day chart is 74.06, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.37, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 5.75%. Stochastics %K at 87.42% indicates the stock is a selling.

How much short interest is there in Alumis Inc?

A steep rise in short interest was recorded in Alumis Inc stocks on 2025-03-14, growing by 0.24 million shares to a total of 3.05 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 2.81 million shares. There was a rise of 7.81%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on July 23, 2024 when Leerink Partners began covering the stock and recommended ‘”an Outperform”‘ rating along with a $29 price target.

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