The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Accelerate Diagnostics Inc shares valued at $16,473 were sold by Phillips Jack on Apr 04 ’25. At $0.65 per share, Phillips Jack sold 25,343 shares. The insider’s holdings dropped to 191,374 shares worth approximately $26792.360000000004 following the completion of this transaction.
Also, Mertz Larry Michael sold 1,523 shares, netting a total of over 990 in proceeds. Following the sale of shares at $0.65 each, the insider now holds 84,803 shares.
Before that, Patience David had sold 6,816 shares from its account. In a trade valued at $4,839, the Chief Financial Officer traded Accelerate Diagnostics Inc shares for $0.71 each. Upon closing the transaction, the insider’s holdings decreased to 6,816 shares, worth approximately $9039.52.
As published in a research note from Craig Hallum on March 09, 2022, Accelerate Diagnostics Inc [AXDX] has been rated down from a Buy to a Hold and the price target has been revised to $5. Analysts at BTIG Research started covering the stock with ‘”a Neutral”‘ outlook in a report released in early October. As of August 07, 2020, Craig Hallum has increased its “Hold” rating to a “Buy” for AXDX. Earlier on September 27, 2019, JP Morgan downgraded its rating. Their new recommendation was “an Underweight” for AXDX stock which previously was a “a Neutral”.
Analyzing AXDX Stock Performance
During the last five days, there has been a drop of approximately -72.94%. Over the course of the year, Accelerate Diagnostics Inc shares have dropped approximately -88.50%. Shares of the company reached a 52-week high of $1.4000 on 01/28/25 and a 52-week low of $0.1170 on 05/08/25. A 50-day SMA is recorded $0.7764, while a 200-day SMA reached $1.3355.
Support And Resistance Levels for Accelerate Diagnostics Inc (AXDX)
According to the 24-hour chart, there is a support level at 0.0767, which, if violated, would cause prices to drop to 0.0153. In the upper region, resistance lies at 0.2397. The next price resistance is at 0.3413. RSI (Relative Strength Index) is 13.51 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.1388, which suggests the price will decrease in the coming days. Percent R is at 95.56%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
