OmniAb Inc’s filing revealed that its President and CEO FOEHR MATTHEW W unloaded Company’s shares for reported $38764.0 on Apr 07 ’25. In the deal valued at $2.00 per share,19,382 shares were sold. As a result of this transaction, FOEHR MATTHEW W now holds 3,796,236 shares worth roughly $5.88 million.
Then, Berkman Charles S sold 7,206 shares, generating $14,412 in total proceeds. Upon selling the shares at $2.00, the Chief Legal Officer now owns 363,212 shares.
Before that, GUSTAFSON KURT A sold 7,206 shares. OmniAb Inc shares valued at $14,412 were divested by the Executive VP, Finance and CFO at a price of $2.00 per share. As a result of the transaction, GUSTAFSON KURT A now holds 223,828 shares, worth roughly $0.35 million.
RBC Capital Mkts initiated its OmniAb Inc [OABI] rating to an Outperform in a research note published on November 29, 2023; the price target was $6. A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who began to cover the stock in late April with a ‘”a Buy”‘ rating. Craig Hallum began covering OABI with “Buy” recommendation on April 13, 2023. Cowen started covering the stock on February 22, 2023. It rated OABI as “an Outperform”.
Price Performance Review of OABI
On Tuesday, OmniAb Inc [NASDAQ:OABI] saw its stock fall -7.74% to $1.55. Over the last five days, the stock has lost -16.22%. OmniAb Inc shares have fallen nearly -56.21% since the year began. Nevertheless, the stocks have fallen -66.30% over the past one year. While a 52-week high of $4.96 was reached on 02/20/25, a 52-week low of $1.63 was recorded on 05/06/25. SMA at 50 days reached $2.4567, while 200 days put it at $3.5945.
Levels Of Support And Resistance For OABI Stock
The 24-hour chart illustrates a support level at 1.5033, which if violated will result in even more drops to 1.4567. On the upside, there is a resistance level at 1.6333. A further resistance level may holdings at 1.7167. The Relative Strength Index (RSI) on the 14-day chart is 26.98, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1079, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.62%. Stochastics %K at 16.31% indicates the stock is a buying.
The most recent change occurred on February 13, 2023 when H.C. Wainwright began covering the stock and recommended ‘”a Buy”‘ rating along with a $11 price target.
