In a filing, Pacific Biosciences of California Inc revealed its insider Farmer Michele unloaded Company’s shares for reported $5200.0 on May 19 ’25. In the deal valued at $1.00 per share,5,195 shares were sold. As a result of this transaction, Farmer Michele now holds 269,259 shares worth roughly $0.32 million.
Then, HENRY CHRISTIAN O sold 12,497 shares, generating $17,583 in total proceeds. Upon selling the shares at $1.41, the insider now owns 2,225,357 shares.
Before that, Van Oene Mark sold 6,486 shares. Pacific Biosciences of California Inc shares valued at $9,126 were divested by the insider at a price of $1.41 per share. As a result of the transaction, Van Oene Mark now holds 1,497,695 shares, worth roughly $1.78 million.
UBS downgraded its Pacific Biosciences of California Inc [PACB] rating to a Neutral from a a Buy in a research note published recently. JP Morgan also remained covering PACB and has decreased its forecast on April 22, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. Goldman revised its rating on April 18, 2024. It rated PACB as “a Neutral” which previously was an “a Buy”.
Price Performance Review of PACB
On Friday, Pacific Biosciences of California Inc [NASDAQ:PACB] saw its stock fall -0.57% to $1.19. Over the last five days, the stock has gained 13.64%. Pacific Biosciences of California Inc shares have fallen nearly -34.80% since the year began. Nevertheless, the stocks have fallen -41.80% over the past one year.
Levels Of Support And Resistance For PACB Stock
The most recent change occurred on December 14, 2023 when Stephens began covering the stock and recommended ‘”an Overweight”‘ rating along with a $11 price target.
