Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Nuvalent Inc shares valued at $298,240 were sold by Noci Darlene on Apr 29 ’25. At $74.56 per share, Noci Darlene sold 4,000 shares. The insider’s holdings dropped to 48,034 shares worth approximately $3.44 million following the completion of this transaction.
Also, Porter James Richard sold 27,000 shares, netting a total of over 1,861,504 in proceeds. Following the sale of shares at $68.94 each, the insider now holds 249,062 shares.
Before that, James Richard Porter had added 81,000 shares to its account. In a trade valued at $5,670,000, the Officer bought Nuvalent Inc shares for $70.00 each.
As published in a research note from UBS on March 14, 2025, Nuvalent Inc [NUVL] has been rated up from a Neutral to a Buy and the price target has been revised to $100. Analysts at H.C. Wainwright started covering the stock with ‘”a Buy”‘ outlook in a report released in late December. As of October 24, 2024, UBS has initiated its “Neutral” rating for NUVL. Earlier on August 29, 2024, Barclays initiated its rating. Their recommendation was “an Overweight” for NUVL stock.
Analyzing NUVL Stock Performance
During the last five days, there has been a drop of approximately -6.07%. Over the course of the year, Nuvalent Inc shares have dropped approximately -8.53%. Shares of the company reached a 52-week high of $91.50 on 02/06/25 and a 52-week low of $55.53 on 04/09/25. A 50-day SMA is recorded $71.95, while a 200-day SMA reached $83.59.
Support And Resistance Levels for Nuvalent Inc (NUVL)
According to the 24-hour chart, there is a support level at 65.56, which, if violated, would cause prices to drop to 59.51. In the upper region, resistance lies at 75.64. The next price resistance is at 79.68. RSI (Relative Strength Index) is 49.06 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -4.37, which suggests the price will decrease in the coming days. Percent R is at 47.81%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
