Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Madrigal Pharmaceuticals Inc shares valued at $2,564,426 were sold by CRAVES FRED B on Mar 12 ’25. At $331.84 per share, CRAVES FRED B sold 7,728 shares. The insider’s holdings dropped to 350,076 shares worth approximately $107.75 million following the completion of this transaction.
Also, CRAVES FRED B sold 7,742 shares, netting a total of over 2,518,053 in proceeds. Following the sale of shares at $325.25 each, the insider now holds 350,076 shares.
Before that, FRED CRAVES had added 7,742 shares to its account. In a trade valued at $2,518,054, the Director bought Madrigal Pharmaceuticals Inc shares for $325.25 each.
As published in a research note from B. Riley Securities on February 28, 2025, Madrigal Pharmaceuticals Inc [MDGL] has been rated up from a Neutral to a Buy and the price target has been revised to $422 from $236. Analysts at H.C. Wainwright resumed the stock at ‘”a Buy”‘ outlook in a report released in late February. As of June 28, 2024, Cantor Fitzgerald has initiated its “Neutral” rating for MDGL. Earlier on June 11, 2024, Wolfe Research initiated its rating. Their recommendation was “an Outperform” for MDGL stock.
Analyzing MDGL Stock Performance
During the last five days, there has been a drop of approximately -1.97%. Over the course of the year, Madrigal Pharmaceuticals Inc shares have dropped approximately -0.26%. Shares of the company reached a 52-week high of $377.46 on 02/26/25 and a 52-week low of $266.44 on 01/15/25. A 50-day SMA is recorded $331.27, while a 200-day SMA reached $289.46.
Support And Resistance Levels for Madrigal Pharmaceuticals Inc (MDGL)
According to the 24-hour chart, there is a support level at 295.65, which, if violated, would cause prices to drop to 283.52. In the upper region, resistance lies at 316.75. The next price resistance is at 325.72. RSI (Relative Strength Index) is 42.49 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.66, which suggests the price will decrease in the coming days. Percent R is at 65.74%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
