Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Alkermes plc shares valued at $65,892 were sold by Parisi Samuel Joseph on Feb 28 ’25. At $34.00 per share, Parisi Samuel Joseph sold 1,938 shares. The insider’s holdings dropped to 7,717 shares worth approximately $0.21 million following the completion of this transaction.
Also, Parisi Samuel Joseph sold 3,743 shares, netting a total of over 131,978 in proceeds. Following the sale of shares at $35.26 each, the insider now holds 7,717 shares.
Before that, Parisi Samuel Joseph had sold 1,327 shares from its account. In a trade valued at $47,361, the VP, Finance (Interim PAO) traded Alkermes plc shares for $35.69 each. Upon closing the transaction, the insider’s holdings decreased to 1,327 shares, worth approximately $0.21 million.
As published in their initiating research note from RBC Capital Mkts on March 13, 2025, Alkermes plc [ALKS] has been a Sector perform and the price target has been revised to $40. Analysts at UBS upgraded the stock from ‘”a Sell”‘ to ‘”a Neutral”‘ outlook in a report released in early March. As of February 11, 2025, Deutsche Bank has initiated its “Buy” rating for ALKS. Earlier on November 05, 2024, Stifel upgraded its rating. Their new recommendation was “a Buy” for ALKS stock which previously was a “a Hold”.
Analyzing ALKS Stock Performance
During the last five days, there has been a drop of approximately -16.01%. Over the course of the year, Alkermes plc shares have dropped approximately -7.55%. Shares of the company reached a 52-week high of $36.45 on 02/18/25 and a 52-week low of $25.56 on 04/10/25. A 50-day SMA is recorded $33.25, while a 200-day SMA reached $29.20.
Support And Resistance Levels for Alkermes plc (ALKS)
According to the 24-hour chart, there is a support level at 25.40, which, if violated, would cause prices to drop to 24.22. In the upper region, resistance lies at 27.93. The next price resistance is at 29.28. RSI (Relative Strength Index) is 20.26 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.72, which suggests the price will decrease in the coming days. Percent R is at 89.54%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
