KD Logo

Piper Sandler analysts initates an Overweight rating for Merus N.V (MRUS)

CHWY Stock

Merus N.V’s filing revealed that its VP Controller, PAO Shuman Harry unloaded Company’s shares for reported $0.19 million on Mar 21 ’25. In the deal valued at $48.50 per share,4,000 shares were sold. As a result of this transaction, Shuman Harry now holds 11,002 shares worth roughly $0.48 million.

Then, Shuman Harry sold 2,500 shares, generating $135,000 in total proceeds. Upon selling the shares at $54.00, the VP Controller, PAO now owns 7,002 shares.

Before that, Shuman Harry sold 2,500 shares. Merus N.V shares valued at $135,000 were divested by the VP Controller, PAO at a price of $54.00 per share. As a result of the transaction, Shuman Harry now holds 7,002 shares, worth roughly $0.3 million.

Piper Sandler initiated its Merus N.V [MRUS] rating to an Overweight in a research note published on February 13, 2025; the price target was $84. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in early February with a ‘”an Overweight”‘ rating. Goldman began covering MRUS with “Buy” recommendation on November 21, 2024. UBS started covering the stock on October 24, 2024. It rated MRUS as “a Buy”.

Price Performance Review of MRUS

On Tuesday, Merus N.V [NASDAQ:MRUS] saw its stock jump 1.86% to $43.22. Over the last five days, the stock has gained 23.88%. Merus N.V shares have risen nearly 2.78% since the year began. Nevertheless, the stocks have risen 3.27% over the past one year. While a 52-week high of $61.61 was reached on 03/13/25, a 52-week low of $33.19 was recorded on 04/09/25. SMA at 50 days reached $43.88, while 200 days put it at $47.65.

Levels Of Support And Resistance For MRUS Stock

The 24-hour chart illustrates a support level at 42.01, which if violated will result in even more drops to 40.81. On the upside, there is a resistance level at 43.94. A further resistance level may holdings at 44.67. The Relative Strength Index (RSI) on the 14-day chart is 51.46, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.68, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 19.73%. Stochastics %K at 68.19% indicates the stock is a holding.

How much short interest is there in Merus N.V?

A steep rise in short interest was recorded in Merus N.V stocks on 2025-03-31, growing by 8559.0 shares to a total of 7.42 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 7.41 million shares. There was a rise of 0.12%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on March 28, 2024 when Truist began covering the stock and recommended ‘”a Buy”‘ rating along with a $69 price target.

Most Popular