Ardelyx Inc’s filing revealed that its Director MOTT DAVID M acquired Company’s shares for reported $0.74 million on Jun 09 ’25. In the deal valued at $3.69 per share,200,000 shares were bought. As a result of this transaction, MOTT DAVID M now holds 2,696,871 shares worth roughly $9.71 million.
Then, Williams Laura A sold 6,421 shares, generating $26,207 in total proceeds. Upon selling the shares at $4.08, the Chief Medical Officer now owns 402,583 shares.
Before that, Renz Justin A sold 7,218 shares. Ardelyx Inc shares valued at $29,460 were divested by the Chief Financial Officer at a price of $4.08 per share. As a result of the transaction, Renz Justin A now holds 416,089 shares, worth roughly $1.5 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 fall -3.23% to $3.60. Over the last five days, the stock has lost -2.17%. Ardelyx Inc shares have fallen nearly -28.99% since the year began. Nevertheless, the stocks have fallen -45.70% 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.
Levels Of Support And Resistance For ARDX Stock
The 24-hour chart illustrates a support level at 3.52, which if violated will result in even more drops to 3.45. On the upside, there is a resistance level at 3.73. A further resistance level may holdings at 3.87.
How much short interest is there in Ardelyx Inc?
A steep rise in short interest was recorded in Ardelyx Inc stocks on 2025-05-30, dropping by -0.78 million shares to a total of 29.05 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 29.82 million shares. There was a decline of -2.67%, which implies that there is a negative sentiment for the stock.
