Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. PTC Therapeutics Inc shares valued at $89,076 were purchased by Boulding Mark Elliott on May 15 ’25. At $46.18 per share, Boulding Mark Elliott acquired 1,929 shares.
Also, Klein Matthew B. sold 2,804 shares, netting a total of over 136,656 in proceeds. Following the sale of shares at $48.74 each, the insider now holds 273,234 shares.
Before that, Klein Matthew B. had added 2,804 shares to its account. In a trade valued at $136,656, the Officer bought PTC Therapeutics Inc shares for $48.74 each.
As published in a research note from BofA Securities on May 09, 2025, PTC Therapeutics Inc [PTCT] has been rated up from a Neutral to a Buy and the price target has been revised to $68. Analysts at Citigroup upgraded the stock from ‘”a Sell”‘ to ‘”a Neutral”‘ outlook in a report released in early May. As of March 11, 2025, BofA Securities has increased its “an Underperform” rating to a “Neutral” for PTCT. Earlier on March 07, 2025, Scotiabank initiated its rating. Their recommendation was “a Sector perform” for PTCT stock.
Analyzing PTCT Stock Performance
During the last five days, there has been a surge of approximately 6.59%. Over the course of the year, PTC Therapeutics Inc shares have jumped approximately 0.38%. Shares of the company reached a 52-week high of $58.38 on 03/17/25 and a 52-week low of $35.95 on 05/06/25. A 50-day SMA is recorded $48.91, while a 200-day SMA reached $43.43.
Support And Resistance Levels for PTC Therapeutics Inc (PTCT)
According to the 24-hour chart, there is a support level at 44.70, which, if violated, would cause prices to drop to 44.10. In the upper region, resistance lies at 46.37. The next price resistance is at 47.43. RSI (Relative Strength Index) is 47.73 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.62, which suggests the price will decrease in the coming days. Percent R is at 35.36%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
