Ardelyx Inc’s recent filing unveils that its Chief Medical Officer Williams Laura A unloaded Company’s shares for reported $26207.0 on May 20 ’25. In the deal valued at $4.08 per share,6,421 shares were sold. As a result of this transaction, Williams Laura A now holds 402,583 shares worth roughly $1.48 million.
Then, Renz Justin A sold 7,218 shares, generating $29,460 in total proceeds. Upon selling the shares at $4.08, the Chief Financial Officer now owns 416,089 shares.
Before that, RAAB MICHAEL sold 46,817 shares. Ardelyx Inc shares valued at $191,079 were divested by the President & CEO at a price of $4.08 per share. As a result of the transaction, RAAB MICHAEL now holds 1,547,937 shares, worth roughly $5.7 million.
Raymond James downgraded its Ardelyx Inc [ARDX] rating to an Outperform from a a Strong buy in a research note published recently. BTIG Research began covering ARDX with “Buy” recommendation on March 04, 2025. H.C. Wainwright revised its rating on November 11, 2024. It rated ARDX as “a Neutral” which previously was an “a Buy”.
Price Performance Review of ARDX
On Friday, Ardelyx Inc [NASDAQ:ARDX] saw its stock jump 1.10% to $3.68. Over the last five days, the stock has gained 0.27%. Ardelyx Inc shares have fallen nearly -27.42% since the year began. Nevertheless, the stocks have fallen -46.43% over the past one year. While a 52-week high of $8.06 was reached on 02/19/25, a 52-week low of $3.21 was recorded on 05/15/25. SMA at 50 days reached $4.31, while 200 days put it at $5.26.
Levels Of Support And Resistance For ARDX Stock
The 24-hour chart illustrates a support level at 3.63, which if violated will result in even more drops to 3.58. On the upside, there is a resistance level at 3.77. A further resistance level may holdings at 3.85. The Relative Strength Index (RSI) on the 14-day chart is 41.95, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.22, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.30%. Stochastics %K at 28.96% indicates the stock is a holding.
