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Axsome Therapeutics Inc (AXSM) gets rating Initiated from Jefferies

In a filing, Axsome Therapeutics Inc revealed its Chief Financial Officer Pizzie Nick unloaded Company’s shares for reported $1.56 million on Feb 13 ’25. In the deal valued at $129.86 per share,12,000 shares were sold. As a result of this transaction, Pizzie Nick now holds 42,187 shares worth roughly $4.64 million.

Then, Pizzie Nick sold 3,000 shares, generating $393,210 in total proceeds. Upon selling the shares at $131.07, the Chief Financial Officer now owns 42,187 shares.

Before that, Pizzie Nick bought 3,000 shares. Axsome Therapeutics Inc shares valued at $393,202 were divested by the Officer at a price of $131.07 per share.

Jefferies initiated its Axsome Therapeutics Inc [AXSM] rating to a Buy in a research note published on April 07, 2025; the price target was $200. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who began to cover the stock in mid February with a ‘”a Buy”‘ rating. Mizuho also remained covering AXSM and reiterated its “an Outperform” recommendation on December 31, 2024. Wells Fargo started covering the stock on September 03, 2024. It rated AXSM as “an Overweight”.

Price Performance Review of AXSM

On Tuesday, Axsome Therapeutics Inc [NASDAQ:AXSM] saw its stock jump 2.49% to $109.92. Over the last five days, the stock has gained 5.87%. Axsome Therapeutics Inc shares have risen nearly 29.91% since the year began. Nevertheless, the stocks have risen 53.68% over the past one year. While a 52-week high of $139.13 was reached on 02/21/25, a 52-week low of $64.11 was recorded on 01/10/25. SMA at 50 days reached $116.37, while 200 days put it at $98.65.

Levels Of Support And Resistance For AXSM Stock

The 24-hour chart illustrates a support level at 107.61, which if violated will result in even more drops to 105.31. On the upside, there is a resistance level at 111.82. A further resistance level may holdings at 113.72. The Relative Strength Index (RSI) on the 14-day chart is 53.12, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.13, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 6.16%. Stochastics %K at 93.43% indicates the stock is a selling.

How much short interest is there in Axsome Therapeutics Inc?

A steep rise in short interest was recorded in Axsome Therapeutics Inc stocks on 2025-04-15, dropping by -0.48 million shares to a total of 4.42 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 4.91 million shares. There was a decline of -10.95%, which implies that there is a negative sentiment for the stock.

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