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. Biolife Solutions Inc shares valued at $18,743 were sold by Wichterman Troy on Apr 09 ’25. At $20.11 per share, Wichterman Troy sold 932 shares. The insider’s holdings dropped to 188,310 shares worth approximately $4.21 million following the completion of this transaction.
Also, Mathew Aby J. sold 569 shares, netting a total of over 11,443 in proceeds. Following the sale of shares at $20.11 each, the insider now holds 309,007 shares.
Before that, Aebersold Sarah had sold 210 shares from its account. In a trade valued at $4,223, the Chief Human Resources Officer traded Biolife Solutions Inc shares for $20.11 each. Upon closing the transaction, the insider’s holdings decreased to 210 shares, worth approximately $1.79 million.
As published in their initiating research note from H.C. Wainwright on September 30, 2024, Biolife Solutions Inc [BLFS] has been a Buy and the price target has been revised to $29. Analysts at Jefferies started covering the stock with ‘”a Buy”‘ outlook in a report released in early April. As of July 11, 2023, Craig Hallum has initiated its “Buy” rating for BLFS. Earlier on April 25, 2022, Oppenheimer upgraded its rating. Their new recommendation was “an Outperform” for BLFS stock which previously was a “a Perform”.
Analyzing BLFS Stock Performance
During the last five days, there has been a drop of approximately -9.11%. Over the course of the year, Biolife Solutions Inc shares have dropped approximately -13.87%. Shares of the company reached a 52-week high of $29.55 on 01/30/25 and a 52-week low of $19.10 on 04/09/25. A 50-day SMA is recorded $24.00, while a 200-day SMA reached $24.95.
Support And Resistance Levels for Biolife Solutions Inc (BLFS)
According to the 24-hour chart, there is a support level at 21.51, which, if violated, would cause prices to drop to 20.66. In the upper region, resistance lies at 22.86. The next price resistance is at 23.36. RSI (Relative Strength Index) is 45.11 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.70, which suggests the price will decrease in the coming days. Percent R is at 68.35%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
