Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Mannkind Corp shares valued at $53,143 were sold by Binder Steven B. on May 20 ’25. At $4.40 per share, Binder Steven B. sold 12,078 shares. The insider’s holdings dropped to 989,343 shares worth approximately $4.18 million following the completion of this transaction.
Also, Thomson David sold 2,345 shares, netting a total of over 10,341 in proceeds. Following the sale of shares at $4.41 each, the insider now holds 879,546 shares.
Before that, DAVID THOMSON had added 2,345 shares to its account. In a trade valued at $10,334, the Officer bought Mannkind Corp shares for $4.41 each.
As published in their initiating research note from Mizuho on April 10, 2025, Mannkind Corp [MNKD] has been an Outperform and the price target has been revised to $12. Analysts at Wedbush started covering the stock with ‘”an Outperform”‘ outlook in a report released in early February. As of December 20, 2024, Wells Fargo has initiated its “an Overweight” rating for MNKD. Earlier on December 19, 2024, RBC Capital Mkts upgraded its rating. Their new recommendation was “an Outperform” for MNKD stock which previously was a “a Sector perform”.
Analyzing MNKD Stock Performance
During the last five days, there has been a drop of approximately -7.46%. Over the course of the year, Mannkind Corp shares have dropped approximately -34.37%. Shares of the company reached a 52-week high of $6.68 on 01/02/25 and a 52-week low of $4.05 on 05/22/25.
Support And Resistance Levels for Mannkind Corp (MNKD)
According to the 24-hour chart, there is a support level at 4.10, which, if violated, would cause prices to drop to 3.98. In the upper region, resistance lies at 4.29. The next price resistance is at 4.35. RSI (Relative Strength Index) is 34.96 on the 14-day chart, showing neutral technical sentiment.
