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. Scholar Rock Holding Corp shares valued at $180,584 were sold by FLIER JEFFREY S. on May 29 ’25. At $29.73 per share, FLIER JEFFREY S. sold 6,075 shares. The insider’s holdings dropped to 24,070 shares worth approximately $0.74 million following the completion of this transaction.
Also, Burow Kristina sold 5,400 shares, netting a total of over 160,511 in proceeds. Following the sale of shares at $29.72 each, the insider now holds 21,071 shares.
Before that, Gilman Michael had sold 3,375 shares from its account. In a trade valued at $100,304, the Director traded Scholar Rock Holding Corp shares for $29.72 each. Upon closing the transaction, the insider’s holdings decreased to 3,375 shares, worth approximately $1.7 million.
As published in a research note from H.C. Wainwright on November 26, 2024, Scholar Rock Holding Corp [SRRK] has been retained to a Buy and the price target has been revised to $50. Analysts at H.C. Wainwright resumed the stock at ‘”a Buy”‘ outlook in a report released in early October. As of March 28, 2024, Raymond James has initiated its “Strong buy” rating for SRRK. Earlier on October 25, 2023, Jefferies upgraded its rating. Their new recommendation was “a Buy” for SRRK stock which previously was a “a Hold”.
Analyzing SRRK Stock Performance
During the last five days, there has been a surge of approximately 6.79%. Over the course of the year, Scholar Rock Holding Corp shares have dropped approximately -28.69%. Shares of the company reached a 52-week high of $46.98 on 01/23/25 and a 52-week low of $22.71 on 04/09/25.
Support And Resistance Levels for Scholar Rock Holding Corp (SRRK)
According to the 24-hour chart, there is a support level at 30.46, which, if violated, would cause prices to drop to 30.10. In the upper region, resistance lies at 31.52. The next price resistance is at 32.23. RSI (Relative Strength Index) is 50.72 on the 14-day chart, showing neutral technical sentiment.
