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. Acrivon Therapeutics Inc shares valued at $617,412 were sold by PERCEPTIVE ADVISORS LLC on Apr 30 ’25. At $1.41 per share, PERCEPTIVE ADVISORS LLC sold 437,881 shares. The insider’s holdings dropped to 3,403,025 shares worth approximately $3.74 million following the completion of this transaction.
Also, PERCEPTIVE ADVISORS LLC sold 298,886 shares, netting a total of over 400,507 in proceeds. Following the sale of shares at $1.34 each, the insider now holds 3,104,139 shares.
Before that, PERCEPTIVE ADVISORS LLC had sold 1,054,669 shares from its account. In a trade valued at $2,056,605, the 10% Owner traded Acrivon Therapeutics Inc shares for $1.95 each. Upon closing the transaction, the insider’s holdings decreased to 1,054,669 shares, worth approximately $4.74 million.
Analysts at KeyBanc Capital Markets started covering the stock with ‘”an Overweight”‘ outlook in a report released in late January. As of September 16, 2024, Ladenburg Thalmann has increased its “Neutral” rating to a “Buy” for ACRV. Earlier on April 29, 2024, Ladenburg Thalmann downgraded its rating. Their new recommendation was “a Neutral” for ACRV stock which previously was a “a Buy”.
Analyzing ACRV Stock Performance
During the last five days, there has been a drop of approximately -6.78%. Over the course of the year, Acrivon Therapeutics Inc shares have dropped approximately -81.73%. Shares of the company reached a 52-week high of $8.0000 on 02/05/25 and a 52-week low of $1.0900 on 05/15/25. A 50-day SMA is recorded $2.6766, while a 200-day SMA reached $5.9627.
Support And Resistance Levels for Acrivon Therapeutics Inc (ACRV)
According to the 24-hour chart, there is a support level at 1.0800, which, if violated, would cause prices to drop to 1.0600. In the upper region, resistance lies at 1.1300. The next price resistance is at 1.1600. RSI (Relative Strength Index) is 28.95 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.1638, which suggests the price will decrease in the coming days. Percent R is at 98.36%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
