Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Alpha Cognition Inc shares valued at $14,996 were purchased by McFadden Michael E. on Nov 13 ’24. At $5.75 per share, McFadden Michael E. acquired 2,608 shares. The insider’s holdings grew to 14,142 shares worth approximately $58265.04 following the completion of this transaction.
Also, MERTZ LEONARD POWELL purchased 8,695 shares, netting a total of over 49,996 in proceeds. Following the buying of shares at $5.75 each, the insider now holds 93,725 shares.
Before that, HAVENS JOHN PRENTISS had added 4,347 shares to its account. In a trade valued at $24,995, the Director bought Alpha Cognition Inc shares for $5.75 each. Upon closing the transaction, the insider’s holdings increased to 4,347 shares, worth approximately $1.13 million.
As published in their initiating research note from H.C. Wainwright on March 18, 2025, Alpha Cognition Inc [ACOG] has been a Buy and the price target has been revised to $20.
Analyzing ACOG Stock Performance
During the last five days, there has been a drop of approximately -1.20%. Over the course of the year, Alpha Cognition Inc shares have dropped approximately -30.05%.
Support And Resistance Levels for Alpha Cognition Inc (ACOG)
According to the 24-hour chart, there is a support level at 3.78, which, if violated, would cause prices to drop to 3.45. In the upper region, resistance lies at 4.64. The next price resistance is at 5.17. RSI (Relative Strength Index) is 38.13 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.21, which suggests the price will decrease in the coming days. Percent R is at 80.38%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
