Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Alumis Inc shares valued at $112,309 were purchased by Colowick Alan on Apr 01 ’25. At $6.97 per share, Colowick Alan acquired 16,104 shares. The insider’s holdings grew to 16,104 shares worth approximately $80520.0 following the completion of this transaction.
Also, Colowick Alan purchased 2,300 shares, netting a total of over 17,235 in proceeds. Following the buying of shares at $7.49 each, the insider now holds 18,404 shares.
Before that, Babler Martin had added 15,650 shares to its account. In a trade valued at $100,733, the President, CEO and Chairman bought Alumis Inc shares for $6.44 each. Upon closing the transaction, the insider’s holdings increased to 15,650 shares, worth approximately $0.53 million.
As published in their initiating research note from Oppenheimer on January 30, 2025, Alumis Inc [ALMS] has been an Outperform and the price target has been revised to $32. Analysts at Robert W. Baird started covering the stock with ‘”an Outperform”‘ outlook in a report released in late October. As of October 17, 2024, H.C. Wainwright has initiated its “Buy” rating for ALMS. Earlier on July 23, 2024, Morgan Stanley initiated its rating. Their recommendation was “an Overweight” for ALMS stock.
Analyzing ALMS Stock Performance
During the last five days, there has been a drop of approximately -26.79%. Over the course of the year, Alumis Inc shares have dropped approximately -36.39%. A 50-day SMA is recorded $5.48, while a 200-day SMA reached $9.25.
Support And Resistance Levels for Alumis Inc (ALMS)
According to the 24-hour chart, there is a support level at 4.80, which, if violated, would cause prices to drop to 4.60. In the upper region, resistance lies at 5.26. The next price resistance is at 5.51. RSI (Relative Strength Index) is 43.24 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.17, which suggests the price will decrease in the coming days. Percent R is at 97.34%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
