Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Novavax, Inc shares valued at $37,435 were sold by King Rachel K. on Dec 13 ’24. At $9.02 per share, King Rachel K. sold 4,150 shares. The insider’s holdings dropped to 14,770 shares worth approximately $80201.09999999999 following the completion of this transaction.
Also, YOUNG JAMES F sold 5,400 shares, netting a total of over 43,200 in proceeds. Following the sale of shares at $8.00 each, the insider now holds 51,760 shares.
Before that, YOUNG JAMES F had sold 4,600 shares from its account. In a trade valued at $39,008, the Director traded Novavax, Inc shares for $8.48 each. Upon closing the transaction, the insider’s holdings decreased to 4,600 shares, worth approximately $0.31 million.
As published in their initiating research note from BTIG Research on February 28, 2025, Novavax, Inc [NVAX] has been a Buy and the price target has been revised to $19. Analysts at JP Morgan downgraded the stock from ‘”a Neutral”‘ to ‘”an Underweight”‘ outlook in a report released in late July. As of May 10, 2024, JP Morgan has increased its “an Underweight” rating to a “Neutral” for NVAX. Earlier on May 10, 2024, BofA Securities upgraded its rating. Their new recommendation was “a Neutral” for NVAX stock which previously was a “an Underperform”.
Analyzing NVAX Stock Performance
During the last five days, there has been a drop of approximately -3.04%. Over the course of the year, Novavax, Inc shares have dropped approximately -32.46%. Shares of the company reached a 52-week high of $11.55 on 01/07/25 and a 52-week low of $5.01 on 04/10/25. A 50-day SMA is recorded $7.62, while a 200-day SMA reached $10.20.
Support And Resistance Levels for Novavax, Inc (NVAX)
According to the 24-hour chart, there is a support level at 4.80, which, if violated, would cause prices to drop to 4.16. In the upper region, resistance lies at 6.28. The next price resistance is at 7.12. RSI (Relative Strength Index) is 33.34 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.42, which suggests the price will decrease in the coming days. Percent R is at 85.00%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
