In a filing, Mannkind Corp revealed its Director Binder Steven B. unloaded Company’s shares for reported $0.47 million on Nov 22 ’24. In the deal valued at $6.89 per share,67,536 shares were sold. As a result of this transaction, Binder Steven B. now holds 1,075,026 shares worth roughly $4.98 million.
Then, STEVEN B BINDER bought 67,536 shares, generating $465,397 in total proceeds.
Before that, Binder Steven B. sold 67,539 shares. Mannkind Corp shares valued at $456,564 were divested by the Director at a price of $6.76 per share. As a result of the transaction, Binder Steven B. now holds 1,075,026 shares, worth roughly $4.98 million.
Mizuho initiated its Mannkind Corp [MNKD] rating to an Outperform in a research note published on April 10, 2025; the price target was $12. A number of analysts have revised their coverage, including Wedbush’s analysts, who began to cover the stock in early February with a ‘”an Outperform”‘ rating. Wells Fargo began covering MNKD with “an Overweight” recommendation on December 20, 2024. RBC Capital Mkts revised its rating on December 19, 2024. It rated MNKD as “an Outperform” which previously was an “a Sector perform”.
Price Performance Review of MNKD
On Monday, Mannkind Corp [NASDAQ:MNKD] saw its stock fall -0.64% to $4.63. Over the last five days, the stock has lost -1.28%. Mannkind Corp shares have fallen nearly -27.99% since the year began. Nevertheless, the stocks have risen 7.67% over the past one year. While a 52-week high of $7.63 was reached on 01/02/25, a 52-week low of $3.97 was recorded on 04/09/25. SMA at 50 days reached $5.22, while 200 days put it at $5.96.
Levels Of Support And Resistance For MNKD Stock
The 24-hour chart illustrates a support level at 4.58, which if violated will result in even more drops to 4.54. On the upside, there is a resistance level at 4.69. A further resistance level may holdings at 4.76. The Relative Strength Index (RSI) on the 14-day chart is 30.12, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.20, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.05%. Stochastics %K at 33.15% indicates the stock is a holding.
How much short interest is there in Mannkind Corp?
A steep rise in short interest was recorded in Mannkind Corp stocks on 2025-03-31, dropping by -0.45 million shares to a total of 28.67 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 29.12 million shares. There was a decline of -1.58%, which implies that there is a negative sentiment for the stock.
