The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Ardelyx Inc shares valued at $725,880 were purchased by MOTT DAVID M on Jun 16 ’25. At $3.63 per share, MOTT DAVID M acquired 200,000 shares. The insider’s holdings grew to 2,896,871 shares worth approximately $10.46 million following the completion of this transaction.
Also, MOTT DAVID M purchased 200,000 shares, netting a total of over 737,260 in proceeds. Following the buying of shares at $3.69 each, the insider now holds 2,696,871 shares.
Before that, Williams Laura A had sold 6,421 shares from its account. In a trade valued at $26,207, the Chief Medical Officer traded Ardelyx Inc shares for $4.08 each. Upon closing the transaction, the insider’s holdings decreased to 6,421 shares, worth approximately $1.45 million.
Analysts at Raymond James downgraded the stock from ‘”a Strong buy”‘ to ‘”an Outperform”‘ outlook in a report released in early May. Earlier on March 04, 2025, BTIG Research initiated its rating. Their recommendation was “a Buy” for ARDX stock.
Analyzing ARDX Stock Performance
On last trading session,, Ardelyx Inc [NASDAQ: ARDX] rose 1.69% to $3.61. The stock’s lowest price that day was $3.54, but it reached a high of $3.72 in the same session. During the last five days, there has been a drop of approximately -2.43%. Over the course of the year, Ardelyx Inc shares have dropped approximately -28.80%. Shares of the company reached a 52-week high of $6.55 on 02/19/25 and a 52-week low of $3.21 on 05/15/25.
Support And Resistance Levels for Ardelyx Inc (ARDX)
According to the 24-hour chart, there is a support level at 3.53, which, if violated, would cause prices to drop to 3.44. In the upper region, resistance lies at 3.71. The next price resistance is at 3.80. RSI (Relative Strength Index) is 42.01 on the 14-day chart, showing neutral technical sentiment.
Is Ardelyx Inc subject to short interest?
Stocks of Ardelyx Inc saw a sharp steep in short interest on 2025-05-30 dropping by -0.78 million shares to 29.05 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 29.82 million shares. A decline of -2.67% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 4.59 of the overall float, the days-to-cover ratio (short ratio) decline to 4.59.
Which companies own the most shares of Ardelyx Inc (ARDX)?
In terms of Ardelyx Inc share price expectations, FactSet research, analysts set an average price target of 11 in the next 12 months, up nearly 209.86% from the previous closing price of $3.55. Analysts anticipate Ardelyx Inc stock to reach 14 by 2025, with the lowest price target being 8. In spite of this, 8 analysts ranked Ardelyx Inc stock as Buy at the end of 2025. On November 11, 2024, H.C. Wainwright assigned a price target of “a Neutral” to the stock and downgraded coverage with a $5.50.
