Recent Insider Activity Could Benefit Spero Therapeutics Inc (SPRO)

Spero Therapeutics Inc’s recent filing unveils that its Chief Operating Officer Keutzer Timothy unloaded Company’s shares for reported $44099.0 on Feb 05 ’25. In the deal valued at $0.78 per share,56,537 shares were sold. As a result of this transaction, Keutzer Timothy now holds 741,439 shares worth roughly $2.08 million.

Then, Rajavelu Esther sold 20,689 shares, generating $16,137 in total proceeds. Upon selling the shares at $0.78, the CFO & CBO now owns 724,720 shares.

Before that, Shukla Sath sold 155,333 shares. Spero Therapeutics Inc shares valued at $121,160 were divested by the CEO & President at a price of $0.78 per share. As a result of the transaction, Shukla Sath now holds 1,736,883 shares, worth roughly $4.88 million.

Evercore ISI downgraded its Spero Therapeutics Inc [SPRO] rating to an In-line from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who increased its forecast for the stock in late September from “an In-line” to “an Outperform”. Oppenheimer also remained covering SPRO and has decreased its forecast on October 01, 2021 with a “Perform” recommendation from previously “an Outperform” rating. H.C. Wainwright maintained its rating on January 22, 2021. It rated SPRO as “a Buy”.

Price Performance Review of SPRO

On Friday, Spero Therapeutics Inc [NASDAQ:SPRO] saw its stock jump 1.63% to $2.81. Over the last five days, the stock has gained 6.25%. Spero Therapeutics Inc shares have risen nearly 172.33% since the year began. Nevertheless, the stocks have risen 93.45% over the past one year.

Levels Of Support And Resistance For SPRO Stock

The most recent change occurred on December 16, 2020 when Berenberg began covering the stock and recommended ‘”a Buy”‘ rating along with a $47 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Your email address will not be published.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.