Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Amneal Pharmaceuticals Inc shares valued at $664,000 were sold by Patel Gautam on Apr 01 ’25. At $8.30 per share, Patel Gautam sold 80,000 shares. The insider’s holdings dropped to 1,728,886 shares worth approximately $12.83 million following the completion of this transaction.
Also, Patel Tushar Bhikhubhai sold 5,000,000 shares, netting a total of over 41,750,000 in proceeds. Following the sale of shares at $8.35 each, the insider now holds 48,578,209 shares.
Before that, Patel Tushar Bhikhubhai had added 5,000,000 shares to its account. In a trade valued at $43,750,000, the 10% Owner bought Amneal Pharmaceuticals Inc shares for $8.75 each.
As published in a research note from JP Morgan on February 24, 2025, Amneal Pharmaceuticals Inc [AMRX] has been rated up from a Neutral to an Overweight and the price target has been revised to $12 from $9. Analysts at JP Morgan upgraded the stock from ‘”an Underweight”‘ to ‘”a Neutral”‘ outlook in a report released in early September. Earlier on March 08, 2021, Goldman upgraded its rating. Their new recommendation was “a Buy” for AMRX stock which previously was a “a Sell”.
Analyzing AMRX Stock Performance
During the last five days, there has been a surge of approximately 3.34%. Over the course of the year, Amneal Pharmaceuticals Inc shares have dropped approximately -6.31%. Shares of the company reached a 52-week high of $9.16 on 03/03/25 and a 52-week low of $6.68 on 04/10/25. A 50-day SMA is recorded $8.10, while a 200-day SMA reached $8.15.
Support And Resistance Levels for Amneal Pharmaceuticals Inc (AMRX)
According to the 24-hour chart, there is a support level at 7.32, which, if violated, would cause prices to drop to 7.22. In the upper region, resistance lies at 7.49. The next price resistance is at 7.55. RSI (Relative Strength Index) is 44.54 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.11, which suggests the price will decrease in the coming days. Percent R is at 24.49%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
