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. Veru Inc shares valued at $52,432 were purchased by Rankowitz Michael L on Feb 18 ’25. At $0.55 per share, Rankowitz Michael L acquired 95,279 shares. The insider’s holdings grew to 195,279 shares worth approximately $0.13 million following the completion of this transaction.
Also, Rankowitz Michael L purchased 54,721 shares, netting a total of over 31,919 in proceeds. Following the buying of shares at $0.58 each, the insider now holds 250,000 shares.
As published in their initiating research note from B. Riley Securities on May 14, 2024, Veru Inc [VERU] has been a Buy and the price target has been revised to $5. Analysts at Raymond James started covering the stock with ‘”an Outperform”‘ outlook in a report released in late March. As of June 07, 2023, Jefferies has increased its “an Underperform” rating to a “Hold” for VERU. Earlier on April 13, 2021, Jefferies initiated its rating. Their recommendation was “a Buy” for VERU stock.
Analyzing VERU Stock Performance
During the last five days, there has been a surge of approximately 23.53%. Over the course of the year, Veru Inc shares have jumped approximately 0.38%. Shares of the company reached a 52-week high of $1.4200 on 01/24/25 and a 52-week low of $0.4500 on 03/14/25.
Support And Resistance Levels for Veru Inc (VERU)
According to the 24-hour chart, there is a support level at 0.6203, which, if violated, would cause prices to drop to 0.5877. In the upper region, resistance lies at 0.6753. The next price resistance is at 0.6977. RSI (Relative Strength Index) is 73.41 on the 14-day chart, showing overbought technical sentiment.
Which companies own the most shares of Veru Inc (VERU)?
On February 09, 2021, H.C. Wainwright assigned a price target of “a Buy” to the stock and reiterated coverage with a $17.
