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Insider Selling: Patel Anish, Enliven Therapeutics Inc [ELVN] CHIEF OPERATING OFFICER divested 6,667 shares

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Enliven Therapeutics Inc shares valued at $120,269 were sold by Patel Anish on Apr 07 ’25. At $18.04 per share, Patel Anish sold 6,667 shares. The insider’s holdings dropped to 316,643 shares worth approximately $4.72 million following the completion of this transaction.

Also, Patel Anish purchased 6,667 shares, netting a total of over 124,606 in proceeds.

Before that, Hohl Benjamin had sold 3,250 shares from its account. In a trade valued at $69,321, the CHIEF FINANCIAL OFFICER traded Enliven Therapeutics Inc shares for $21.33 each. Upon closing the transaction, the insider’s holdings decreased to 3,250 shares, worth approximately $0.34 million.

As published in their initiating research note from BTIG Research on December 13, 2024, Enliven Therapeutics Inc [ELVN] has been a Buy and the price target has been revised to $42. Analysts at H.C. Wainwright started covering the stock with ‘”a Buy”‘ outlook in a report released in early September. As of June 11, 2024, Robert W. Baird has initiated its “an Outperform” rating for ELVN. Earlier on April 09, 2024, Mizuho initiated its rating. Their recommendation was “a Buy” for ELVN stock.

Analyzing ELVN Stock Performance

During the last five days, there has been a drop of approximately -25.56%. Over the course of the year, Enliven Therapeutics Inc shares have dropped approximately -33.73%. Shares of the company reached a 52-week high of $25.37 on 01/03/25 and a 52-week low of $13.30 on 04/10/25. A 50-day SMA is recorded $20.64, while a 200-day SMA reached $23.32.

Support And Resistance Levels for Enliven Therapeutics Inc (ELVN)

According to the 24-hour chart, there is a support level at 13.57, which, if violated, would cause prices to drop to 12.22. In the upper region, resistance lies at 15.99. The next price resistance is at 17.06. RSI (Relative Strength Index) is 29.55 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.48, which suggests the price will decrease in the coming days. Percent R is at 82.85%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.

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