Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Cytokinetics Inc shares valued at $76,220 were sold by Malik Fady Ibraham on Apr 22 ’25. At $38.11 per share, Malik Fady Ibraham sold 2,000 shares. The insider’s holdings dropped to 140,255 shares worth approximately $5.66 million following the completion of this transaction.
Also, WIERENGA WENDALL sold 20,000 shares, netting a total of over 769,200 in proceeds. Following the sale of shares at $38.46 each, the insider now holds 24,848 shares.
Before that, WENDELL WIERENGA had added 20,000 shares to its account. In a trade valued at $769,144, the Director bought Cytokinetics Inc shares for $38.46 each.
As published in their initiating research note from Barclays on April 24, 2025, Cytokinetics Inc [CYTK] has been an Overweight and the price target has been revised to $55. Analysts at Citigroup started covering the stock with ‘”a Buy”‘ outlook in a report released in early February. As of January 22, 2025, Stifel has initiated its “Buy” rating for CYTK. Earlier on November 08, 2024, RBC Capital Mkts initiated its rating. Their recommendation was “an Outperform” for CYTK stock.
Analyzing CYTK Stock Performance
During the last five days, there has been a surge of approximately 3.01%. Over the course of the year, Cytokinetics Inc shares have dropped approximately -14.26%. Shares of the company reached a 52-week high of $52.80 on 01/27/25 and a 52-week low of $32.74 on 04/09/25. A 50-day SMA is recorded $42.56, while a 200-day SMA reached $50.12.
Support And Resistance Levels for Cytokinetics Inc (CYTK)
According to the 24-hour chart, there is a support level at 38.81, which, if violated, would cause prices to drop to 37.30. In the upper region, resistance lies at 41.15. The next price resistance is at 41.98. RSI (Relative Strength Index) is 50.72 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.66, which suggests the price will decrease in the coming days. Percent R is at 3.68%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
