Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Annexon Inc shares valued at $16,342 were sold by Dananberg Jamie on Feb 18 ’25. At $2.96 per share, Dananberg Jamie sold 5,521 shares. The insider’s holdings dropped to 33,479 shares worth approximately $56579.509999999995 following the completion of this transaction.
Also, ARTIS DEAN RICHARD sold 5,515 shares, netting a total of over 16,380 in proceeds. Following the sale of shares at $2.97 each, the insider now holds 83,814 shares.
Before that, Yednock Ted had sold 8,345 shares from its account. In a trade valued at $24,284, the EVP & CHIEF INNOVATION OFFICER traded Annexon Inc shares for $2.91 each. Upon closing the transaction, the insider’s holdings decreased to 8,345 shares, worth approximately $0.1 million.
As published in a research note from JP Morgan on March 01, 2024, Annexon Inc [ANNX] has been rated up from a Neutral to an Overweight and the price target has been revised to $11. Analysts at BofA Securities upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in late December. As of October 30, 2023, Wells Fargo has initiated its “an Overweight” rating for ANNX. Earlier on May 26, 2023, BofA Securities downgraded its rating. Their new recommendation was “a Neutral” for ANNX stock which previously was a “a Buy”.
Analyzing ANNX Stock Performance
During the last five days, there has been a drop of approximately -9.14%. Over the course of the year, Annexon Inc shares have dropped approximately -67.06%. Shares of the company reached a 52-week high of $5.6600 on 01/03/25 and a 52-week low of $1.2800 on 04/10/25. A 50-day SMA is recorded $2.0956, while a 200-day SMA reached $4.7125.
Support And Resistance Levels for Annexon Inc (ANNX)
According to the 24-hour chart, there is a support level at 1.6433, which, if violated, would cause prices to drop to 1.5967. In the upper region, resistance lies at 1.7333. The next price resistance is at 1.7767. RSI (Relative Strength Index) is 41.99 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0827, which suggests the price will decrease in the coming days. Percent R is at 52.46%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
