Buying Buzz: ITeos Therapeutics Inc [ITOS] 10% Owner EcoR1 Capital, LLC purchases 3,300,000 shares of the company

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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. ITeos Therapeutics Inc shares valued at $26,400,000 were purchased by EcoR1 Capital, LLC on May 15 ’25. At $8.00 per share, EcoR1 Capital, LLC acquired 3,300,000 shares. The insider’s holdings grew to 10,688,978 shares worth approximately $107.53 million following the completion of this transaction.

Also, EcoR1 Capital, LLC purchased 1,658,978 shares, netting a total of over 12,285,562 in proceeds. Following the buying of shares at $7.41 each, the insider now holds 7,388,978 shares.

Before that, GADICKE ANSBERT had sold 1,031,931 shares from its account. In a trade valued at $8,317,364, the Former 10% Owner traded ITeos Therapeutics Inc shares for $8.06 each. Upon closing the transaction, the insider’s holdings decreased to 1,031,931 shares, worth approximately $34.74 million.

As published in a research note from Wells Fargo on May 28, 2025, ITeos Therapeutics Inc [ITOS] has been rated down from an Overweight to an Equal weight and the price target has been revised to $12. Analysts at Wedbush downgraded the stock from ‘”an Outperform”‘ to ‘”a Neutral”‘ outlook in a report released in late May. As of May 14, 2025, Leerink Partners has decreased its “an Outperform” rating to a “Market perform” for ITOS. Earlier on May 14, 2025, H.C. Wainwright downgraded its rating. Their new recommendation was “a Neutral” for ITOS stock which previously was a “a Buy”.

Analyzing ITOS Stock Performance

During the last five days, there has been a surge of approximately 20.48%. Over the course of the year, ITeos Therapeutics Inc shares have jumped approximately 30.99%. Shares of the company reached a 52-week high of $11.35 on 05/28/25 and a 52-week low of $4.80 on 04/09/25.

Support And Resistance Levels for ITeos Therapeutics Inc (ITOS)

According to the 24-hour chart, there is a support level at 9.56, which, if violated, would cause prices to drop to 9.05. In the upper region, resistance lies at 10.96. The next price resistance is at 11.85. RSI (Relative Strength Index) is 74.38 on the 14-day chart, showing overbought technical sentiment.

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