Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Cytokinetics Inc shares valued at $43,227 were sold by Bhanji Muna on May 15 ’25. At $29.73 per share, Bhanji Muna sold 1,454 shares. The insider’s holdings dropped to 23,510 shares worth approximately $0.7 million following the completion of this transaction.
Also, MUNA BHANJI purchased 1,454 shares, netting a total of over 43,620 in proceeds.
Before that, Malik Fady Ibraham had sold 2,000 shares from its account. In a trade valued at $70,020, the EVP Research & Development traded Cytokinetics Inc shares for $35.01 each. Upon closing the transaction, the insider’s holdings decreased to 2,000 shares, worth approximately $4.19 million.
As published in their initiating research note from Barclays on April 24, 2025, Cytokinetics Inc [CYTK] has been an Overweight and the price target has been revised to $55. Analysts at Citigroup started covering the stock with ‘”a Buy”‘ outlook in a report released in early February. As of January 22, 2025, Stifel has initiated its “Buy” rating for CYTK. Earlier on November 08, 2024, RBC Capital Mkts initiated its rating. Their recommendation was “an Outperform” for CYTK stock.
Analyzing CYTK Stock Performance
During the last five days, there has been a drop of approximately -8.13%. Over the course of the year, Cytokinetics Inc shares have dropped approximately -36.56%. Shares of the company reached a 52-week high of $52.80 on 01/27/25 and a 52-week low of $29.31 on 05/15/25. A 50-day SMA is recorded $39.52, while a 200-day SMA reached $48.53.
Support And Resistance Levels for Cytokinetics Inc (CYTK)
According to the 24-hour chart, there is a support level at 29.42, which, if violated, would cause prices to drop to 28.99. In the upper region, resistance lies at 30.16. The next price resistance is at 30.47. RSI (Relative Strength Index) is 27.47 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -5.28, which suggests the price will decrease in the coming days. Percent R is at 96.27%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
