Ardelyx Inc’s filing revealed that its Director MICHAEL RAAB acquired Company’s shares for reported $0.68 million on May 02 ’25. In the deal valued at $5.47 per share,125,000 shares were bought.
Then, RAAB MICHAEL sold 41,666 shares, generating $191,151 in total proceeds. Upon selling the shares at $4.59, the President & CEO now owns 1,615,587 shares.
Before that, Rosenbaum David P. bought 44,330 shares. Ardelyx Inc shares valued at $242,559 were divested by the Officer at a price of $5.47 per share.
Raymond James downgraded its Ardelyx Inc [ARDX] rating to an Outperform from a a Strong buy in a research note published recently. BTIG Research began covering ARDX with “Buy” recommendation on March 04, 2025. H.C. Wainwright revised its rating on November 11, 2024. It rated ARDX as “a Neutral” which previously was an “a Buy”.
Price Performance Review of ARDX
On Friday, Ardelyx Inc [NASDAQ:ARDX] saw its stock fall -24.50% to $4.13. Over the last five days, the stock has lost -21.48%. Ardelyx Inc shares have fallen nearly -18.54% since the year began. Nevertheless, the stocks have fallen -35.47% over the past one year. While a 52-week high of $9.33 was reached on 02/19/25, a 52-week low of $4.02 was recorded on 05/02/25. SMA at 50 days reached $5.04, while 200 days put it at $5.50.
Levels Of Support And Resistance For ARDX Stock
The 24-hour chart illustrates a support level at 3.91, which if violated will result in even more drops to 3.69. On the upside, there is a resistance level at 4.46. A further resistance level may holdings at 4.79. The Relative Strength Index (RSI) on the 14-day chart is 35.55, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.10, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.23%. Stochastics %K at 63.43% indicates the stock is a holding.
How much short interest is there in Ardelyx Inc?
A steep rise in short interest was recorded in Ardelyx Inc stocks on 2025-04-15, dropping by -0.17 million shares to a total of 30.19 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 30.36 million shares. There was a decline of -0.57%, which implies that there is a negative sentiment for the stock.
