Amneal Pharmaceuticals Inc’s recently made public that its Executive Vice President Shah Nikita unloaded Company’s shares for reported $0.37 million on May 16 ’25. In the deal valued at $7.58 per share,49,140 shares were sold. As a result of this transaction, Shah Nikita now holds 388,929 shares worth roughly $2.89 million.
Then, Shah Nikita bought 49,140 shares, generating $368,550 in total proceeds.
Before that, Kiely John sold 50,000 shares. Amneal Pharmaceuticals Inc shares valued at $379,500 were divested by the Director at a price of $7.59 per share. As a result of the transaction, Kiely John now holds 257,433 shares, worth roughly $1.91 million.
JP Morgan upgraded its Amneal Pharmaceuticals Inc [AMRX] rating to an Overweight from a a Neutral in a research note published on February 24, 2025; the price target was increased to $12 from $9. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in early September from “an Underweight” to “a Neutral”. Goldman revised its rating on March 08, 2021. It rated AMRX as “a Buy” which previously was an “a Sell”.
Price Performance Review of AMRX
On Monday, Amneal Pharmaceuticals Inc [NASDAQ:AMRX] saw its stock jump 1.37% to $7.42. Over the last five days, the stock has gained 3.63%. Amneal Pharmaceuticals Inc shares have fallen nearly -6.31% since the year began. Nevertheless, the stocks have risen 9.44% over the past one year. While a 52-week high of $9.48 was reached on 03/03/25, a 52-week low of $6.29 was recorded on 04/10/25. SMA at 50 days reached $7.56, while 200 days put it at $8.17.
Levels Of Support And Resistance For AMRX Stock
The 24-hour chart illustrates a support level at 7.31, which if violated will result in even more drops to 7.20. On the upside, there is a resistance level at 7.48. A further resistance level may holdings at 7.55. The Relative Strength Index (RSI) on the 14-day chart is 49.80, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 34.96%. Stochastics %K at 51.20% indicates the stock is a holding.