Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Caredx Inc shares valued at $465,022 were sold by COURNOYER CHRISTINE on May 12 ’25. At $15.96 per share, COURNOYER CHRISTINE sold 29,136 shares. The insider’s holdings dropped to 37,045 shares worth approximately $0.63 million following the completion of this transaction.
Also, COURNOYER CHRISTINE purchased 29,136 shares, netting a total of over 465,021 in proceeds.
Before that, Christine M. Cournoyer had added 12,000 shares to its account. In a trade valued at $184,320, the Director bought Caredx Inc shares for $15.36 each.
As published in a research note from Wells Fargo on January 15, 2025, Caredx Inc [CDNA] has been rated up from an Underweight to an Equal weight and the price target has been revised to $24 from $28. Analysts at Wells Fargo started covering the stock with ‘”an Underweight”‘ outlook in a report released in late August. As of August 19, 2024, BTIG Research has increased its “Neutral” rating to a “Buy” for CDNA. Earlier on May 13, 2024, Raymond James downgraded its rating. Their new recommendation was “a Mkt perform” for CDNA stock which previously was a “an Outperform”.
Analyzing CDNA Stock Performance
During the last five days, there has been a surge of approximately 6.27%. Over the course of the year, Caredx Inc shares have dropped approximately -20.08%. Shares of the company reached a 52-week high of $25.95 on 01/14/25 and a 52-week low of $14.09 on 05/06/25.
Support And Resistance Levels for Caredx Inc (CDNA)
According to the 24-hour chart, there is a support level at 16.91, which, if violated, would cause prices to drop to 16.70. In the upper region, resistance lies at 17.28. The next price resistance is at 17.44. RSI (Relative Strength Index) is 51.13 on the 14-day chart, showing neutral technical sentiment.
