Annexon Inc’s recent filing unveils that its CHIEF MEDICAL OFFICER Dananberg Jamie unloaded Company’s shares for reported $16342.0 on Feb 18 ’25. In the deal valued at $2.96 per share,5,521 shares were sold. As a result of this transaction, Dananberg Jamie now holds 33,479 shares worth roughly $51557.66.
Then, ARTIS DEAN RICHARD sold 5,515 shares, generating $16,380 in total proceeds. Upon selling the shares at $2.97, the EVP & CHIEF SCIENTIFIC OFFICER now owns 83,814 shares.
Before that, Yednock Ted sold 8,345 shares. Annexon Inc shares valued at $24,284 were divested by the EVP & CHIEF INNOVATION OFFICER at a price of $2.91 per share. As a result of the transaction, Yednock Ted now holds 61,237 shares, worth roughly $94304.98.
JP Morgan upgraded its Annexon Inc [ANNX] rating to an Overweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in late December from “a Neutral” to “a Buy”. Wells Fargo began covering ANNX with “an Overweight” recommendation on October 30, 2023. BofA Securities revised its rating on May 26, 2023. It rated ANNX as “a Neutral” which previously was an “a Buy”.
Price Performance Review of ANNX
On Tuesday, Annexon Inc [NASDAQ:ANNX] saw its stock fall -5.52% to $1.54. Over the last five days, the stock has lost -14.92%. Annexon Inc shares have fallen nearly -69.98% since the year began. Nevertheless, the stocks have fallen -75.12% over the past one year. While a 52-week high of $7.85 was reached on 01/03/25, a 52-week low of $1.52 was recorded on 04/07/25. SMA at 50 days reached $2.7375, while 200 days put it at $5.0601.
Levels Of Support And Resistance For ANNX Stock
The 24-hour chart illustrates a support level at 1.4633, which if violated will result in even more drops to 1.3867. On the upside, there is a resistance level at 1.6933. A further resistance level may holdings at 1.8467. The Relative Strength Index (RSI) on the 14-day chart is 26.78, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.4675, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.37%. Stochastics %K at 4.42% indicates the stock is a buying.
How much short interest is there in Annexon Inc?
A steep rise in short interest was recorded in Annexon Inc stocks on 2025-03-14, growing by 1.02 million shares to a total of 11.12 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 10.1 million shares. There was a rise of 9.16%, which implies that there is a positive sentiment for the stock.
