Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Rhythm Pharmaceuticals Inc shares valued at $1,248,490 were sold by Cramer Pamela J. on Apr 08 ’25. At $60.14 per share, Cramer Pamela J. sold 20,760 shares. The insider’s holdings dropped to 19,209 shares worth approximately $1.21 million following the completion of this transaction.
Also, Mazabraud Yann sold 17,750 shares, netting a total of over 1,082,497 in proceeds. Following the sale of shares at $60.99 each, the insider now holds 22,620 shares.
Before that, PAMELA CRAMER had added 20,760 shares to its account. In a trade valued at $1,140,970, the Officer bought Rhythm Pharmaceuticals Inc shares for $54.96 each.
As published in a research note from BofA Securities on April 07, 2025, Rhythm Pharmaceuticals Inc [RYTM] has been rated up from a Neutral to a Buy and the price target has been revised to $63. As of January 02, 2025, Jefferies has initiated its “Buy” rating for RYTM. Earlier on December 20, 2024, Oppenheimer initiated its rating. Their recommendation was “an Outperform” for RYTM stock.
Analyzing RYTM Stock Performance
During the last five days, there has been a surge of approximately 2.66%. Over the course of the year, Rhythm Pharmaceuticals Inc shares have jumped approximately 12.49%. Shares of the company reached a 52-week high of $63.21 on 04/24/25 and a 52-week low of $45.90 on 04/07/25. A 50-day SMA is recorded $54.91, while a 200-day SMA reached $53.48.
Support And Resistance Levels for Rhythm Pharmaceuticals Inc (RYTM)
According to the 24-hour chart, there is a support level at 60.76, which, if violated, would cause prices to drop to 58.56. In the upper region, resistance lies at 64.19. The next price resistance is at 65.42. RSI (Relative Strength Index) is 62.40 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.75, which suggests the price will increase in the coming days. Percent R is at 1.39%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
