Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Erasca Inc shares valued at $10,165 were purchased by Erasca Foundation on Apr 15 ’25. At $1.22 per share, Erasca Foundation acquired 8,333 shares.
Also, Erasca Foundation purchased 8,333 shares, netting a total of over 11,702 in proceeds.
Before that, Erasca Foundation had added 8,333 shares to its account. In a trade valued at $12,752, the Affiliate bought Erasca Inc shares for $1.53 each.
As published in their initiating research note from Raymond James on March 26, 2025, Erasca Inc [ERAS] has been an Outperform and the price target has been revised to $5. Analysts at Jefferies started covering the stock with ‘”a Buy”‘ outlook in a report released in mid November. As of March 11, 2024, CapitalOne has initiated its “an Overweight” rating for ERAS. Earlier on January 05, 2024, BofA Securities downgraded its rating. Their new recommendation was “a Neutral” for ERAS stock which previously was a “a Buy”.
Analyzing ERAS Stock Performance
During the last five days, there has been a drop of approximately -16.10%. Over the course of the year, Erasca Inc shares have dropped approximately -51.20%. Shares of the company reached a 52-week high of $2.8400 on 01/07/25 and a 52-week low of $1.0100 on 04/09/25. A 50-day SMA is recorded $1.3643, while a 200-day SMA reached $2.2704.
Support And Resistance Levels for Erasca Inc (ERAS)
According to the 24-hour chart, there is a support level at 1.1933, which, if violated, would cause prices to drop to 1.1617. In the upper region, resistance lies at 1.2683. The next price resistance is at 1.3117. RSI (Relative Strength Index) is 42.35 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0685, which suggests the price will decrease in the coming days. Percent R is at 78.57%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
Which companies own the most shares of Erasca Inc (ERAS)?
On October 11, 2023, H.C. Wainwright assigned a price target of “a Buy” to the stock and initiated coverage with a $10.
