AMGEN Inc [AMGN] Investment Appeal on the Rise

In a filing, AMGEN Inc revealed its SVP, Business Development Khosla Rachna unloaded Company’s shares for reported $0.43 million on Jun 05 ’25. In the deal valued at $289.68 per share,1,500 shares were sold. As a result of this transaction, Khosla Rachna now holds 8,162 shares worth roughly $2.41 million.

Then, Khosla Rachna bought 1,500 shares, generating $435,000 in total proceeds.

Before that, Busch Matthew C. sold 1,000 shares. AMGEN Inc shares valued at $279,690 were divested by the VP, Finance & CAO at a price of $279.69 per share. As a result of the transaction, Busch Matthew C. now holds 4,034 shares, worth roughly $1.19 million.

Wolfe Research started covering the stock on November 15, 2024. It rated AMGN as “a Peer perform”.

Price Performance Review of AMGN

On Monday, AMGEN Inc [NASDAQ:AMGN] saw its stock jump 0.12% to $295.56. Over the last five days, the stock has gained 1.92%. AMGEN Inc shares have risen nearly 13.40% since the year began. Nevertheless, the stocks have fallen -1.83% over the past one year. While a 52-week high of $346.85 was reached on 03/10/25, a 52-week low of $253.30 was recorded on 01/06/25.

Levels Of Support And Resistance For AMGN Stock

The 24-hour chart illustrates a support level at 292.42, which if violated will result in even more drops to 289.29. On the upside, there is a resistance level at 298.73. A further resistance level may holdings at 301.91.

The most recent change occurred on November 14, 2024 when Citigroup began covering the stock and recommended ‘”a Neutral”‘ rating along with a $335 price target.

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