The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Disc Medicine Inc shares valued at $310,483 were sold by Ashiya Mona on Mar 24 ’25. At $54.11 per share, Ashiya Mona sold 5,738 shares. The insider’s holdings dropped to 186,541 shares worth approximately $6.57 million following the completion of this transaction.
Also, ORBIMED ADVISORS LLC sold 5,738 shares, netting a total of over 310,483 in proceeds. Following the sale of shares at $54.11 each, the insider now holds 186,541 shares.
Before that, Ashiya Mona had sold 39,656 shares from its account. In a trade valued at $2,142,217, the Director traded Disc Medicine Inc shares for $54.02 each. Upon closing the transaction, the insider’s holdings decreased to 39,656 shares, worth approximately $6.66 million.
As published in their initiating research note from TD Cowen on February 27, 2025, Disc Medicine Inc [IRON] has been a Buy. Analysts at Morgan Stanley upgraded the stock from ‘”an Equal-weight”‘ to ‘”an Overweight”‘ outlook in a report released in early November. As of November 04, 2024, Raymond James has increased its “an Outperform” rating to a “Strong buy” for IRON. Earlier on October 23, 2024, Jefferies initiated its rating. Their recommendation was “a Buy” for IRON stock.
Analyzing IRON Stock Performance
During the last five days, there has been a drop of approximately -23.03%. Over the course of the year, Disc Medicine Inc shares have dropped approximately -44.43%. Shares of the company reached a 52-week high of $65.02 on 01/02/25 and a 52-week low of $30.82 on 04/09/25. A 50-day SMA is recorded $51.98, while a 200-day SMA reached $52.75.
Support And Resistance Levels for Disc Medicine Inc (IRON)
According to the 24-hour chart, there is a support level at 32.47, which, if violated, would cause prices to drop to 29.70. In the upper region, resistance lies at 39.20. The next price resistance is at 43.16. RSI (Relative Strength Index) is 26.41 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -9.90, which suggests the price will decrease in the coming days. Percent R is at 81.45%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
