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. CytomX Therapeutics Inc shares valued at $22,556 were sold by McCarthy Sean A. on Mar 18 ’25. At $0.60 per share, McCarthy Sean A. sold 37,656 shares. The insider’s holdings dropped to 995,195 shares worth approximately $1.08 million following the completion of this transaction.
Also, Ogden Christopher sold 8,551 shares, netting a total of over 5,122 in proceeds. Following the sale of shares at $0.60 each, the insider now holds 201,026 shares.
Before that, Chu Yu-Waye had sold 4,025 shares from its account. In a trade valued at $2,411, the Chief Medical Officer traded CytomX Therapeutics Inc shares for $0.60 each. Upon closing the transaction, the insider’s holdings decreased to 4,025 shares, worth approximately $0.15 million.
Analysts at Piper Sandler upgraded the stock from ‘”a Neutral”‘ to ‘”an Overweight”‘ outlook in a report released in late May. As of May 09, 2024, Wedbush has increased its “Neutral” rating to a “an Outperform” for CTMX. Earlier on May 06, 2024, Jefferies upgraded its rating. Their new recommendation was “a Buy” for CTMX stock which previously was a “a Hold”.
Analyzing CTMX Stock Performance
During the last five days, there has been a surge of approximately 43.93%. Over the course of the year, CytomX Therapeutics Inc shares have jumped approximately 5.83%. Shares of the company reached a 52-week high of $1.1891 on 05/08/25 and a 52-week low of $0.4000 on 04/07/25. A 50-day SMA is recorded $0.6628, while a 200-day SMA reached $0.9728.
Support And Resistance Levels for CytomX Therapeutics Inc (CTMX)
According to the 24-hour chart, there is a support level at 0.9836, which, if violated, would cause prices to drop to 0.8773. In the upper region, resistance lies at 1.1927. The next price resistance is at 1.2955. RSI (Relative Strength Index) is 77.80 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.1971, which suggests the price will decrease in the coming days. Percent R is at 17.57%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
