Geron Corp’s filing revealed that its EVP, Chief Legal Officer Samuels Scott Alan acquired Company’s shares for reported $24150.0 on Feb 27 ’25. In the deal valued at $1.61 per share,15,000 shares were bought. As a result of this transaction, Samuels Scott Alan now holds 26,682 shares worth roughly $36821.159999999996.
Then, SCARLETT JOHN A bought 12,500 shares, generating $22,062 in total proceeds. Upon buying the shares at $1.76, the Chairman, President and CEO now owns 12,500 shares.
Before that, Ziegler James bought 100,000 shares. Geron Corp shares valued at $160,000 were divested by the EVP, Chief Commercial Officer at a price of $1.60 per share. As a result of the transaction, Ziegler James now holds 100,000 shares, worth roughly $0.14 million.
B. Riley Securities downgraded its Geron Corp [GERN] rating to a Neutral from a a Buy in a research note published on February 27, 2025; the price target was decreased to $2 from $3.50. A number of analysts have revised their coverage, including H.C. Wainwright’s analysts, who decreased its forecast for the stock in late February from “a Buy” to “a Neutral”. H.C. Wainwright began covering GERN with “Buy” recommendation on November 05, 2024. Scotiabank started covering the stock on October 16, 2024. It rated GERN as “a Sector outperform”.
Price Performance Review of GERN
On Friday, Geron Corp [NASDAQ:GERN] saw its stock jump 6.15% to $1.38. Geron Corp shares have fallen nearly -61.02% since the year began. Nevertheless, the stocks have fallen -59.88% over the past one year. While a 52-week high of $5.34 was reached on 01/03/25, a 52-week low of $1.19 was recorded on 04/09/25. SMA at 50 days reached $1.9950, while 200 days put it at $3.5928.
Levels Of Support And Resistance For GERN Stock
The 24-hour chart illustrates a support level at 1.2967, which if violated will result in even more drops to 1.2133. On the upside, there is a resistance level at 1.4267. A further resistance level may holdings at 1.4733. The Relative Strength Index (RSI) on the 14-day chart is 36.98, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1412, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.61%. Stochastics %K at 26.38% indicates the stock is a holding.
How much short interest is there in Geron Corp?
A steep rise in short interest was recorded in Geron Corp stocks on 2025-03-31, growing by 1.48 million shares to a total of 59.89 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 58.41 million shares. There was a rise of 2.47%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on September 09, 2024 when Leerink Partners began covering the stock and recommended ‘”an Outperform”‘ rating along with a $7 price target.
