In a filing, AMGEN Inc revealed its EVP, Operations Santos Esteban unloaded Company’s shares for reported $2.55 million on Feb 19 ’25. In the deal valued at $292.84 per share,8,711 shares were sold. As a result of this transaction, Santos Esteban now holds 71,546 shares worth roughly $19.92 million.
Then, REESE DAVID M sold 25,225 shares, generating $7,679,524 in total proceeds. Upon selling the shares at $304.44, the EVP & Chief Technology Officer now owns 36,922 shares.
Before that, REESE DAVID M sold 8,711 shares. AMGEN Inc shares valued at $2,554,224 were divested by the EVP & Chief Technology Officer at a price of $293.22 per share. As a result of the transaction, REESE DAVID M now holds 62,147 shares, worth roughly $17.3 million.
Wolfe Research began covering AMGN with “Peer perform” recommendation on November 15, 2024. Citigroup started covering the stock on November 14, 2024. It rated AMGN as “a Neutral”.
Price Performance Review of AMGN
On Tuesday, AMGEN Inc [NASDAQ:AMGN] saw its stock jump 1.72% to $278.40. Over the last five days, the stock has lost -5.28%. AMGEN Inc shares have risen nearly 6.81% since the year began. Nevertheless, the stocks have risen 5.96% over the past one year. While a 52-week high of $346.85 was reached on 03/10/25, a 52-week low of $253.30 was recorded on 01/06/25. SMA at 50 days reached $303.12, while 200 days put it at $305.28.
Levels Of Support And Resistance For AMGN Stock
The 24-hour chart illustrates a support level at 275.68, which if violated will result in even more drops to 272.97. On the upside, there is a resistance level at 279.92. A further resistance level may holdings at 281.45. The Relative Strength Index (RSI) on the 14-day chart is 38.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -12.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 76.84%. Stochastics %K at 19.05% indicates the stock is a buying.
How much short interest is there in AMGEN Inc?
A steep rise in short interest was recorded in AMGEN Inc stocks on 2025-03-31, dropping by -2.08 million shares to a total of 14.08 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 16.16 million shares. There was a decline of -14.8%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 17, 2024 when Bernstein began covering the stock and recommended ‘”an Outperform”‘ rating along with a $380 price target.
