Canopy Growth Corporation (CGC) gets rating Upgrade from Bernstein

Canopy Growth Corporation’s recent filing unveils that its Chief Financial Officer Hong Judy Eun Joo unloaded Company’s shares for reported $62866.0 on Jun 16 ’25. In the deal valued at $1.63 per share,38,678 shares were sold. As a result of this transaction, Hong Judy Eun Joo now holds 579,889 shares worth roughly $0.77 million.

Then, Gedeon Christelle sold 9,555 shares, generating $14,046 in total proceeds. Upon selling the shares at $1.47, the insider now owns 389,945 shares.

Before that, Yanofsky Theresa sold 2,004 shares. Canopy Growth Corporation shares valued at $1,844 were divested by the Director at a price of $0.92 per share. As a result of the transaction, Yanofsky Theresa now holds 20,199 shares, worth roughly $26662.68.

Bernstein upgraded its Canopy Growth Corporation [CGC] rating to a Mkt perform from a an Underperform in a research note published recently. A number of analysts have revised their coverage, including Bernstein’s analysts, who began to cover the stock in early November with a ‘”an Underperform”‘ rating. Canaccord Genuity also remained covering CGC and has increased its forecast on October 26, 2022 with a “Hold” recommendation from previously “Sell” rating. BMO Capital Markets revised its rating on June 08, 2022. It rated CGC as “an Underperform” which previously was an “a Market perform”.

Price Performance Review of CGC

On Tuesday, Canopy Growth Corporation [NASDAQ:CGC] saw its stock fall -8.97% to $1.32. Over the last five days, the stock has lost -12.00%. Canopy Growth Corporation shares have fallen nearly -51.82% since the year began. Nevertheless, the stocks have fallen -82.31% over the past one year. While a 52-week high of $8.65 was reached on 01/06/25, a 52-week low of $0.77 was recorded on 04/09/25.

Levels Of Support And Resistance For CGC Stock

The 24-hour chart illustrates a support level at 1.2667, which if violated will result in even more drops to 1.2133. On the upside, there is a resistance level at 1.4267. A further resistance level may holdings at 1.5333.

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