Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Relay Therapeutics Inc shares valued at $32,217 were sold by Rahmer Peter on Apr 30 ’25. At $3.00 per share, Rahmer Peter sold 10,739 shares. The insider’s holdings dropped to 390,081 shares worth approximately $1.35 million following the completion of this transaction.
Also, Rahmer Peter sold 1,364 shares, netting a total of over 4,324 in proceeds. Following the sale of shares at $3.17 each, the insider now holds 400,820 shares.
Before that, Catinazzo Thomas had sold 12,943 shares from its account. In a trade valued at $38,829, the Chief Financial Officer traded Relay Therapeutics Inc shares for $3.00 each. Upon closing the transaction, the insider’s holdings decreased to 12,943 shares, worth approximately $1.23 million.
As published in their initiating research note from Wells Fargo on April 17, 2025, Relay Therapeutics Inc [RLAY] has been an Equal weight and the price target has been revised to $4. Analysts at Jefferies upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in early September. Earlier on September 10, 2024, Oppenheimer downgraded its rating. Their new recommendation was “a Perform” for RLAY stock which previously was a “an Outperform”.
Analyzing RLAY Stock Performance
On last trading session,, Relay Therapeutics Inc [NASDAQ: RLAY] rose 3.29% to $3.45. The stock’s lowest price that day was $3.265, but it reached a high of $3.525 in the same session. During the last five days, there has been a surge of approximately 6.48%. Over the course of the year, Relay Therapeutics Inc shares have dropped approximately -16.26%.
Support And Resistance Levels for Relay Therapeutics Inc (RLAY)
RSI (Relative Strength Index) is 61.90 on the 14-day chart, showing neutral technical sentiment.
Is Relay Therapeutics Inc subject to short interest?
Stocks of Relay Therapeutics Inc saw a sharp rise in short interest on 2025-05-30 jumping by 3.18 million shares to 22.65 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 19.47 million shares. A jump of 14.02% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 10.01 of the overall float, the days-to-cover ratio (short ratio) jumped to 10.01.
