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Insider Selling: Noci Darlene, Nuvalent Inc [NUVL] Chief Development Officer divested 4,000 shares

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Nuvalent Inc shares valued at $292,468 were sold by Noci Darlene on Mar 27 ’25. At $73.12 per share, Noci Darlene sold 4,000 shares. The insider’s holdings dropped to 48,034 shares worth approximately $2.98 million following the completion of this transaction.

Also, Porter James Richard sold 27,000 shares, netting a total of over 2,048,562 in proceeds. Following the sale of shares at $75.87 each, the insider now holds 249,062 shares.

Before that, Noci Darlene had sold 30,000 shares from its account. In a trade valued at $2,155,857, the Chief Development Officer traded Nuvalent Inc shares for $71.86 each. Upon closing the transaction, the insider’s holdings decreased to 30,000 shares, worth approximately $2.98 million.

As published in a research note from UBS on March 14, 2025, Nuvalent Inc [NUVL] has been rated up from a Neutral to a Buy and the price target has been revised to $100. Analysts at H.C. Wainwright started covering the stock with ‘”a Buy”‘ outlook in a report released in late December. As of October 24, 2024, UBS has initiated its “Neutral” rating for NUVL. Earlier on August 29, 2024, Barclays initiated its rating. Their recommendation was “an Overweight” for NUVL stock.

Analyzing NUVL Stock Performance

During the last five days, there has been a drop of approximately -9.27%. Over the course of the year, Nuvalent Inc shares have dropped approximately -20.81%. Shares of the company reached a 52-week high of $91.50 on 02/06/25 and a 52-week low of $55.53 on 04/09/25. A 50-day SMA is recorded $75.76, while a 200-day SMA reached $84.06.

Support And Resistance Levels for Nuvalent Inc (NUVL)

According to the 24-hour chart, there is a support level at 58.07, which, if violated, would cause prices to drop to 54.15. In the upper region, resistance lies at 65.89. The next price resistance is at 69.80. RSI (Relative Strength Index) is 34.31 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -7.06, which suggests the price will decrease in the coming days. Percent R is at 72.53%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.

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