Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Canopy Growth Corporation shares valued at $1,844 were sold by Yanofsky Theresa on Mar 31 ’25. At $0.92 per share, Yanofsky Theresa sold 2,004 shares. The insider’s holdings dropped to 20,199 shares worth approximately $23834.82 following the completion of this transaction.
Also, Lazzarato David Angelo sold 3,004 shares, netting a total of over 2,764 in proceeds. Following the sale of shares at $0.92 each, the insider now holds 22,886 shares.
Before that, Kruh Willy had sold 2,012 shares from its account. In a trade valued at $1,851, the Director traded Canopy Growth Corporation shares for $0.92 each. Upon closing the transaction, the insider’s holdings decreased to 2,012 shares, worth approximately $10940.96.
As published in a research note from Bernstein on April 04, 2023, Canopy Growth Corporation [CGC] has been rated up from an Underperform to a Mkt perform. Analysts at Bernstein started covering the stock with ‘”an Underperform”‘ outlook in a report released in early November. As of October 26, 2022, Canaccord Genuity has increased its “Sell” rating to a “Hold” for CGC. Earlier on June 08, 2022, BMO Capital Markets downgraded its rating. Their new recommendation was “an Underperform” for CGC stock which previously was a “a Market perform”.
Analyzing CGC Stock Performance
During the last five days, there has been a surge of approximately 31.39%. Over the course of the year, Canopy Growth Corporation shares have dropped approximately -56.93%. Shares of the company reached a 52-week high of $3.0700 on 01/06/25 and a 52-week low of $0.7700 on 04/09/25. A 50-day SMA is recorded $1.3174, while a 200-day SMA reached $3.7930.
Support And Resistance Levels for Canopy Growth Corporation (CGC)
According to the 24-hour chart, there is a support level at 1.0217, which, if violated, would cause prices to drop to 0.8635. In the upper region, resistance lies at 1.3066. The next price resistance is at 1.4333. RSI (Relative Strength Index) is 55.02 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.1085, which suggests the price will decrease in the coming days. Percent R is at 18.81%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
