Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Phathom Pharmaceuticals Inc shares valued at $16,740 were sold by Henderson Molly on Apr 07 ’25. At $4.55 per share, Henderson Molly sold 3,678 shares. The insider’s holdings dropped to 89,868 shares worth approximately $0.22 million following the completion of this transaction.
Also, Parikh Asit purchased 10,000 shares, netting a total of over 44,200 in proceeds. Following the buying of shares at $4.42 each, the insider now holds 85,500 shares.
Before that, Henderson Molly had sold 6,583 shares from its account. In a trade valued at $43,371, the CFO and CBO traded Phathom Pharmaceuticals Inc shares for $6.59 each. Upon closing the transaction, the insider’s holdings decreased to 6,583 shares, worth approximately $0.22 million.
As published in their initiating research note from Cantor Fitzgerald on February 14, 2025, Phathom Pharmaceuticals Inc [PHAT] has been an Overweight and the price target has been revised to $23. Analysts at Stifel started covering the stock with ‘”a Buy”‘ outlook in a report released in early May. As of January 05, 2024, Needham has reiterated its “Buy” rating for PHAT. Earlier on August 09, 2023, H.C. Wainwright initiated its rating. Their recommendation was “a Buy” for PHAT stock.
Analyzing PHAT Stock Performance
During the last five days, there has been a drop of approximately -44.06%. Over the course of the year, Phathom Pharmaceuticals Inc shares have dropped approximately -70.44%. Shares of the company reached a 52-week high of $8.34 on 01/02/25 and a 52-week low of $2.38 on 05/07/25. A 50-day SMA is recorded $4.85, while a 200-day SMA reached $10.02.
Support And Resistance Levels for Phathom Pharmaceuticals Inc (PHAT)
According to the 24-hour chart, there is a support level at 2.34, which, if violated, would cause prices to drop to 2.27. In the upper region, resistance lies at 2.50. The next price resistance is at 2.61. RSI (Relative Strength Index) is 25.98 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.14, which suggests the price will decrease in the coming days. Percent R is at 98.80%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
