Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Geron Corp shares valued at $24,150 were purchased by Samuels Scott Alan on Feb 27 ’25. At $1.61 per share, Samuels Scott Alan acquired 15,000 shares. The insider’s holdings grew to 26,682 shares worth approximately $37087.979999999996 following the completion of this transaction.
Also, SCARLETT JOHN A purchased 12,500 shares, netting a total of over 22,062 in proceeds. Following the buying of shares at $1.76 each, the insider now holds 12,500 shares.
Before that, Ziegler James had added 100,000 shares to its account. In a trade valued at $160,000, the EVP, Chief Commercial Officer bought Geron Corp shares for $1.60 each. Upon closing the transaction, the insider’s holdings increased to 100,000 shares, worth approximately $0.14 million.
As published in a research note from B. Riley Securities on February 27, 2025, Geron Corp [GERN] has been rated down from a Buy to a Neutral and the price target has been revised to $2 from $3.50. Analysts at H.C. Wainwright downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in late February. As of November 05, 2024, H.C. Wainwright has initiated its “Buy” rating for GERN. Earlier on October 16, 2024, Scotiabank initiated its rating. Their recommendation was “a Sector outperform” for GERN stock.
Analyzing GERN Stock Performance
During the last five days, there has been a drop of approximately -12.58%. Over the course of the year, Geron Corp shares have dropped approximately -60.73%. Shares of the company reached a 52-week high of $3.6800 on 01/03/25 and a 52-week low of $1.1900 on 04/09/25. A 50-day SMA is recorded $2.0568, while a 200-day SMA reached $3.6249.
Support And Resistance Levels for Geron Corp (GERN)
According to the 24-hour chart, there is a support level at 1.2550, which, if violated, would cause prices to drop to 1.1200. In the upper region, resistance lies at 1.4600. The next price resistance is at 1.5300. RSI (Relative Strength Index) is 34.90 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.2014, which suggests the price will decrease in the coming days. Percent R is at 71.43%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
