Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Veracyte Inc shares valued at $76,410 were sold by Leite John on Jun 04 ’25. At $27.20 per share, Leite John sold 2,809 shares. The insider’s holdings dropped to 94,540 shares worth approximately $2.52 million following the completion of this transaction.
Also, JOHN LEITE purchased 2,809 shares, netting a total of over 74,438 in proceeds.
Before that, Leite John had sold 7,411 shares from its account. In a trade valued at $234,630, the Chief Commercial Officer-CLIA traded Veracyte Inc shares for $31.66 each. Upon closing the transaction, the insider’s holdings decreased to 7,411 shares, worth approximately $2.68 million.
As published in their initiating research note from Craig Hallum on March 20, 2025, Veracyte Inc [VCYT] has been a Buy and the price target has been revised to $45. Analysts at Goldman downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early December. As of November 15, 2024, Wolfe Research has initiated its “an Outperform” rating for VCYT. Earlier on October 16, 2024, UBS initiated its rating. Their recommendation was “a Buy” for VCYT stock.
Analyzing VCYT Stock Performance
On last trading session,, Veracyte Inc [NASDAQ: VCYT] plunged -4.44% to $26.69. The stock’s lowest price that day was $26.52, but it reached a high of $27.86 in the same session. During the last five days, there has been a drop of approximately -1.07%. Over the course of the year, Veracyte Inc shares have dropped approximately -32.60%.
Support And Resistance Levels for Veracyte Inc (VCYT)
RSI (Relative Strength Index) is 39.29 on the 14-day chart, showing neutral technical sentiment.
Is Veracyte Inc subject to short interest?
Stocks of Veracyte Inc saw a sharp steep in short interest on 2025-05-30 dropping by 97353.0 shares to 5.47 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 5.57 million shares. A decline of -1.78% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 4.77 of the overall float, the days-to-cover ratio (short ratio) decline to 4.77.