Verastem Inc’s recently made public that its Chief Financial Officer Calkins Daniel unloaded Company’s shares for reported $448.0 on Mar 20 ’25. In the deal valued at $6.89 per share,65 shares were sold. As a result of this transaction, Calkins Daniel now holds 86,374 shares worth roughly $0.42 million.
Then, Calkins Daniel sold 26 shares, generating $183 in total proceeds. Upon selling the shares at $7.04, the Chief Financial Officer now owns 86,348 shares.
Before that, Paterson Dan sold 244 shares. Verastem Inc shares valued at $1,696 were divested by the President and CEO at a price of $6.95 per share. As a result of the transaction, Paterson Dan now holds 346,479 shares, worth roughly $1.67 million.
Jefferies initiated its Verastem Inc [VSTM] rating to a Buy in a research note published on April 10, 2025; the price target was $15. A number of analysts have revised their coverage, including H.C. Wainwright’s analysts, who remained covering the stock and in late March has reiterated a ‘”a Buy”‘ rating for it. BTIG Research also remained covering VSTM and reiterated its “Buy” recommendation on December 31, 2024. Guggenheim started covering the stock on September 30, 2024. It rated VSTM as “a Buy”.
Price Performance Review of VSTM
On Tuesday, Verastem Inc [NASDAQ:VSTM] saw its stock jump 0.63% to $4.81. Over the last five days, the stock has gained 3.55%. Verastem Inc shares have fallen nearly -6.96% since the year began. Nevertheless, the stocks have fallen -57.43% over the past one year. While a 52-week high of $13.52 was reached on 03/12/25, a 52-week low of $2.10 was recorded on 04/11/25. SMA at 50 days reached $6.00, while 200 days put it at $4.26.
Levels Of Support And Resistance For VSTM Stock
The 24-hour chart illustrates a support level at 4.67, which if violated will result in even more drops to 4.52. On the upside, there is a resistance level at 5.04. A further resistance level may holdings at 5.27. The Relative Strength Index (RSI) on the 14-day chart is 37.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.63, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.57%. Stochastics %K at 15.71% indicates the stock is a buying.
How much short interest is there in Verastem Inc?
A steep rise in short interest was recorded in Verastem Inc stocks on 2025-03-31, growing by 1.92 million shares to a total of 7.88 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 5.96 million shares. There was a rise of 24.32%, which implies that there is a positive sentiment for the stock.
