Caredx Inc’s recently made public that its Director HAGSTROM WILLIAM A unloaded Company’s shares for reported $0.52 million on May 28 ’25. In the deal valued at $17.45 per share,30,000 shares were sold. As a result of this transaction, HAGSTROM WILLIAM A now holds 53,979 shares worth roughly $0.92 million.
Then, HAGSTROM WILLIAM A bought 30,000 shares, generating $528,900 in total proceeds.
Before that, COURNOYER CHRISTINE sold 29,136 shares. Caredx Inc shares valued at $465,022 were divested by the Director at a price of $15.96 per share. As a result of the transaction, COURNOYER CHRISTINE now holds 37,045 shares, worth roughly $0.63 million.
Wells Fargo upgraded its Caredx Inc [CDNA] rating to an Equal weight from a an Underweight in a research note published on January 15, 2025; the price target was decreased to $24 from $28. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in late August with a ‘”an Underweight”‘ rating. BTIG Research also remained covering CDNA and has increased its forecast on August 19, 2024 with a “Buy” recommendation from previously “Neutral” rating. Raymond James revised its rating on May 13, 2024. It rated CDNA as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of CDNA
On Monday, Caredx Inc [NASDAQ:CDNA] saw its stock jump 0.53% to $17.08. Over the last five days, the stock has gained 0.77%. Caredx Inc shares have fallen nearly -20.22% since the year began. Nevertheless, the stocks have risen 26.94% over the past one year. While a 52-week high of $34.84 was reached on 01/14/25, a 52-week low of $12.90 was recorded on 05/06/25. SMA at 50 days reached $17.36, while 200 days put it at $22.86.
Levels Of Support And Resistance For CDNA Stock
The 24-hour chart illustrates a support level at 16.58, which if violated will result in even more drops to 16.08. On the upside, there is a resistance level at 17.41. A further resistance level may holdings at 17.74. The Relative Strength Index (RSI) on the 14-day chart is 50.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.13, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 40.17%. Stochastics %K at 55.77% indicates the stock is a holding.
