Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Verastem Inc shares valued at $5,986 were sold by Paterson Dan on May 05 ’25. At $7.30 per share, Paterson Dan sold 820 shares. The insider’s holdings dropped to 345,659 shares worth approximately $2.4 million following the completion of this transaction.
Also, Calkins Daniel sold 65 shares, netting a total of over 448 in proceeds. Following the sale of shares at $6.89 each, the insider now holds 86,374 shares.
Before that, Calkins Daniel had sold 26 shares from its account. In a trade valued at $183, the Chief Financial Officer traded Verastem Inc shares for $7.04 each. Upon closing the transaction, the insider’s holdings decreased to 26 shares, worth approximately $0.6 million.
As published in their initiating research note from Jefferies on April 10, 2025, Verastem Inc [VSTM] has been a Buy and the price target has been revised to $15. Analysts at H.C. Wainwright resumed the stock at ‘”a Buy”‘ outlook in a report released in late March. As of December 31, 2024, BTIG Research has reiterated its “Buy” rating for VSTM. Earlier on September 30, 2024, Guggenheim initiated its rating. Their recommendation was “a Buy” for VSTM stock.
Analyzing VSTM Stock Performance
During the last five days, there has been a drop of approximately -6.59%. Over the course of the year, Verastem Inc shares have jumped approximately 34.24%. Shares of the company reached a 52-week high of $8.12 on 04/25/25 and a 52-week low of $4.34 on 04/11/25. A 50-day SMA is recorded $6.35, while a 200-day SMA reached $4.56.
Support And Resistance Levels for Verastem Inc (VSTM)
According to the 24-hour chart, there is a support level at 6.29, which, if violated, would cause prices to drop to 5.65. In the upper region, resistance lies at 7.79. The next price resistance is at 8.65. RSI (Relative Strength Index) is 55.34 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.34, which suggests the price will decrease in the coming days. Percent R is at 48.76%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
