Caredx Inc’s recent filing unveils that its Chief Financial Officer Jain Abhishek unloaded Company’s shares for reported $4696.0 on Apr 07 ’25. In the deal valued at $17.72 per share,265 shares were sold. As a result of this transaction, Jain Abhishek now holds 337,418 shares worth roughly $6.16 million.
Then, Novack Jeffrey Adam sold 924 shares, generating $16,373 in total proceeds. Upon selling the shares at $17.72, the Secretary and General Counsel now owns 126,911 shares.
Before that, Bickerstaff George sold 20,000 shares. Caredx Inc shares valued at $367,102 were divested by the Director at a price of $18.36 per share. As a result of the transaction, Bickerstaff George now holds 103,027 shares, worth roughly $1.88 million.
Wells Fargo upgraded its Caredx Inc [CDNA] rating to an Equal weight from a an Underweight in a research note published on January 15, 2025; the price target was decreased to $24 from $28. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in late August with a ‘”an Underweight”‘ rating. BTIG Research also remained covering CDNA and has increased its forecast on August 19, 2024 with a “Buy” recommendation from previously “Neutral” rating. Raymond James revised its rating on May 13, 2024. It rated CDNA as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of CDNA
On Monday, Caredx Inc [NASDAQ:CDNA] saw its stock fall -1.24% to $18.25. Over the last five days, the stock has gained 7.73%. Caredx Inc shares have fallen nearly -14.76% since the year began. Nevertheless, the stocks have risen 128.70% over the past one year. While a 52-week high of $34.84 was reached on 01/14/25, a 52-week low of $7.42 was recorded on 04/07/25. SMA at 50 days reached $19.35, while 200 days put it at $23.40.
Levels Of Support And Resistance For CDNA Stock
The 24-hour chart illustrates a support level at 17.73, which if violated will result in even more drops to 17.21. On the upside, there is a resistance level at 18.74. A further resistance level may holdings at 19.23. The Relative Strength Index (RSI) on the 14-day chart is 48.33, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.20, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 53.11%. Stochastics %K at 57.09% indicates the stock is a holding.
How much short interest is there in Caredx Inc?
A steep rise in short interest was recorded in Caredx Inc stocks on 2025-04-15, growing by 0.31 million shares to a total of 6.05 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 5.74 million shares. There was a rise of 5.13%, which implies that there is a positive sentiment for the stock.
