In a filing, Wave Life Sciences Ltd revealed its Director HENRY CHRISTIAN O unloaded Company’s shares for reported $0.1 million on Mar 20 ’25. In the deal valued at $9.77 per share,10,500 shares were sold. As a result of this transaction, HENRY CHRISTIAN O now holds 16,115 shares worth roughly $91049.75.
Then, Christian Henry bought 10,500 shares, generating $102,579 in total proceeds.
Before that, BOLNO PAUL sold 169,025 shares. Wave Life Sciences Ltd shares valued at $1,617,569 were divested by the President and CEO at a price of $9.57 per share. As a result of the transaction, BOLNO PAUL now holds 338,351 shares, worth roughly $1.91 million.
Wedbush initiated its Wave Life Sciences Ltd [WVE] rating to an Outperform in a research note published on April 08, 2025; the price target was $18. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in late February with a ‘”a Buy”‘ rating. Raymond James also remained covering WVE and has increased its forecast on October 16, 2024 with a “Strong buy” recommendation from previously “an Outperform” rating.
Price Performance Review of WVE
On Friday, Wave Life Sciences Ltd [NASDAQ:WVE] saw its stock jump 3.10% to $5.65. Over the last five days, the stock has lost -6.30%. Wave Life Sciences Ltd shares have fallen nearly -54.32% since the year began. Nevertheless, the stocks have fallen -6.46% over the past one year. While a 52-week high of $16.74 was reached on 01/03/25, a 52-week low of $4.25 was recorded on 04/09/25. SMA at 50 days reached $9.69, while 200 days put it at $9.82.
Levels Of Support And Resistance For WVE Stock
The 24-hour chart illustrates a support level at 5.47, which if violated will result in even more drops to 5.28. On the upside, there is a resistance level at 5.79. A further resistance level may holdings at 5.92. The Relative Strength Index (RSI) on the 14-day chart is 27.96, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.52, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.43%. Stochastics %K at 8.47% indicates the stock is a buying.
How much short interest is there in Wave Life Sciences Ltd?
A steep rise in short interest was recorded in Wave Life Sciences Ltd stocks on 2025-03-31, growing by 0.78 million shares to a total of 9.94 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 9.16 million shares. There was a rise of 7.86%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on September 19, 2024 when B. Riley Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $11 price target.
