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Goldman initates Arrowhead Pharmaceuticals Inc (ARWR) rating to a Neutral

Arrowhead Pharmaceuticals Inc’s recent filing unveils that its Chief Executive Officer Anzalone Christopher Richard unloaded Company’s shares for reported $0.58 million on Apr 11 ’25. In the deal valued at $11.49 per share,50,800 shares were sold. As a result of this transaction, Anzalone Christopher Richard now holds 3,921,255 shares worth roughly $48.47 million.

Then, Anzalone Christopher Richard sold 50,000 shares, generating $543,500 in total proceeds. Upon selling the shares at $10.87, the Chief Executive Officer now owns 3,972,055 shares.

Before that, Anzalone Christopher Richard sold 40,322 shares. Arrowhead Pharmaceuticals Inc shares valued at $406,145 were divested by the Chief Executive Officer at a price of $10.07 per share. As a result of the transaction, Anzalone Christopher Richard now holds 4,022,055 shares, worth roughly $49.71 million.

Goldman initiated its Arrowhead Pharmaceuticals Inc [ARWR] rating to a Neutral in a research note published on June 05, 2024; the price target was $31. A number of analysts have revised their coverage, including BofA Securities’s analysts, who began to cover the stock in early December with a ‘”a Buy”‘ rating. Citigroup began covering ARWR with “Neutral” recommendation on September 19, 2023. TD Cowen started covering the stock on July 21, 2023. It rated ARWR as “an Outperform”.

Price Performance Review of ARWR

On Tuesday, Arrowhead Pharmaceuticals Inc [NASDAQ:ARWR] saw its stock jump 2.32% to $12.36. Over the last five days, the stock has gained 0.16%. Arrowhead Pharmaceuticals Inc shares have fallen nearly -34.26% since the year began. Nevertheless, the stocks have fallen -45.33% over the past one year. While a 52-week high of $30.41 was reached on 02/07/25, a 52-week low of $9.57 was recorded on 04/07/25. SMA at 50 days reached $15.46, while 200 days put it at $20.35.

Levels Of Support And Resistance For ARWR Stock

The 24-hour chart illustrates a support level at 12.00, which if violated will result in even more drops to 11.63. On the upside, there is a resistance level at 12.62. A further resistance level may holdings at 12.87. The Relative Strength Index (RSI) on the 14-day chart is 45.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 16.84%. Stochastics %K at 67.06% indicates the stock is a holding.

How much short interest is there in Arrowhead Pharmaceuticals Inc?

A steep rise in short interest was recorded in Arrowhead Pharmaceuticals Inc stocks on 2025-03-31, growing by 2.78 million shares to a total of 11.98 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 9.2 million shares. There was a rise of 23.23%, which implies that there is a positive sentiment for the stock.

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