In a filing, Ardelyx Inc revealed its Director MOTT DAVID M acquired Company’s shares for reported $0.73 million on Jun 16 ’25. In the deal valued at $3.63 per share,200,000 shares were bought. As a result of this transaction, MOTT DAVID M now holds 2,896,871 shares worth roughly $10.69 million.
Then, MOTT DAVID M bought 200,000 shares, generating $737,260 in total proceeds. Upon buying the shares at $3.69, the Director now owns 2,696,871 shares.
Before that, Williams Laura A sold 6,421 shares. Ardelyx Inc shares valued at $26,207 were divested by the Chief Medical Officer at a price of $4.08 per share. As a result of the transaction, Williams Laura A now holds 402,583 shares, worth roughly $1.49 million.
A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in early May from “a Strong buy” to “an Outperform”. BTIG Research started covering the stock on March 04, 2025. It rated ARDX as “a Buy”.
Price Performance Review of ARDX
On Friday, Ardelyx Inc [NASDAQ:ARDX] saw its stock jump 0.14% to $3.69. Over the last five days, the stock has gained 3.65%. Ardelyx Inc shares have fallen nearly -38.70% since the year began. Nevertheless, the stocks have fallen -27.22% 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 3.66, which if violated will result in even more drops to 3.62. On the upside, there is a resistance level at 3.73. A further resistance level may holdings at 3.76.
How much short interest is there in Ardelyx Inc?
A steep rise in short interest was recorded in Ardelyx Inc stocks on 2025-06-13, dropping by -0.49 million shares to a total of 27.28 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 27.77 million shares. There was a decline of -1.78%, which implies that there is a negative sentiment for the stock.
