Apellis Pharmaceuticals Inc (APLS) gets rating Downgrade from Raymond James

CHWY Stock

Apellis Pharmaceuticals Inc’s recent filing unveils that its Former Officer Townsend Adam J. acquired Company’s shares for reported $3.92 million on May 12 ’25. In the deal valued at $17.76 per share,220,961 shares were bought.

Then, Chopas James George sold 183 shares, generating $4,543 in total proceeds. Upon selling the shares at $24.82, the VP/Chief Accounting Officer now owns 47,955 shares.

Before that, Chopas James George bought 183 shares. Apellis Pharmaceuticals Inc shares valued at $4,543 were divested by the Officer at a price of $24.82 per share.

Raymond James downgraded its Apellis Pharmaceuticals Inc [APLS] rating to an Outperform from a a Strong buy in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in early May from “a Buy” to “a Neutral”. Cantor Fitzgerald began covering APLS with “an Overweight” recommendation on April 29, 2025. Goldman revised its rating on December 17, 2024. It rated APLS as “a Neutral” which previously was an “a Buy”.

Price Performance Review of APLS

On Tuesday, Apellis Pharmaceuticals Inc [NASDAQ:APLS] saw its stock fall -1.67% to $18.82. Over the last five days, the stock has gained 11.43%. Apellis Pharmaceuticals Inc shares have fallen nearly -41.02% since the year began. Nevertheless, the stocks have fallen -53.82% over the past one year. While a 52-week high of $43.76 was reached on 01/07/25, a 52-week low of $16.10 was recorded on 05/15/25. SMA at 50 days reached $19.15, while 200 days put it at $27.86.

Levels Of Support And Resistance For APLS Stock

The 24-hour chart illustrates a support level at 18.51, which if violated will result in even more drops to 18.20. On the upside, there is a resistance level at 19.43. A further resistance level may holdings at 20.04. The Relative Strength Index (RSI) on the 14-day chart is 53.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.77, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 25.07%. Stochastics %K at 64.18% indicates the stock is a holding.

How much short interest is there in Apellis Pharmaceuticals Inc?

A steep rise in short interest was recorded in Apellis Pharmaceuticals Inc stocks on 2025-05-15, growing by 0.41 million shares to a total of 27.25 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 26.83 million shares. There was a rise of 1.51%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on November 21, 2024 when Morgan Stanley began covering the stock and recommended ‘”an Equal-weight”‘ rating along with a $31 price target.

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.