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A company insider recently sold 11,366 shares of Mineralys Therapeutics Inc [MLYS]. Should You Sale?

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Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Mineralys Therapeutics Inc shares valued at $173,774 were sold by Rodman David Malcom on May 14 ’25. At $15.29 per share, Rodman David Malcom sold 11,366 shares. The insider’s holdings dropped to 106,669 shares worth approximately $1.64 million following the completion of this transaction.

Also, Rodman David Malcom purchased 11,366 shares, netting a total of over 173,774 in proceeds.

Before that, Slingsby Brian Taylor had added 259,259 shares to its account. In a trade valued at $3,499,996, the Director bought Mineralys Therapeutics Inc shares for $13.50 each. Upon closing the transaction, the insider’s holdings increased to 259,259 shares, worth approximately $136.76 million.

As published in their initiating research note from H.C. Wainwright on July 10, 2024, Mineralys Therapeutics Inc [MLYS] has been a Buy and the price target has been revised to $30. Analysts at Goldman started covering the stock with ‘”a Buy”‘ outlook in a report released in early April. As of March 07, 2023, Wells Fargo has initiated its “an Overweight” rating for MLYS. Earlier on March 07, 2023, Stifel initiated its rating. Their recommendation was “a Buy” for MLYS stock.

Analyzing MLYS Stock Performance

During the last five days, there has been a drop of approximately -1.60%. Over the course of the year, Mineralys Therapeutics Inc shares have jumped approximately 24.78%. Shares of the company reached a 52-week high of $18.38 on 03/19/25 and a 52-week low of $8.24 on 02/25/25. A 50-day SMA is recorded $14.24, while a 200-day SMA reached $12.41.

Support And Resistance Levels for Mineralys Therapeutics Inc (MLYS)

According to the 24-hour chart, there is a support level at 14.80, which, if violated, would cause prices to drop to 14.23. In the upper region, resistance lies at 15.71. The next price resistance is at 16.05. RSI (Relative Strength Index) is 57.56 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.37, which suggests the price will decrease in the coming days. Percent R is at 20.14%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.

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