In a filing, Akero Therapeutics Inc revealed its President and CEO Cheng Andrew unloaded Company’s shares for reported $0.36 million on Jun 18 ’25. In the deal valued at $54.84 per share,6,620 shares were sold. As a result of this transaction, Cheng Andrew now holds 549,867 shares worth roughly $29.34 million.
Then, Gangloff Scott A. sold 848 shares, generating $46,504 in total proceeds. Upon selling the shares at $54.84, the Chief Technology Officer now owns 23,452 shares.
Before that, Lamy Patrick sold 875 shares. Akero Therapeutics Inc shares valued at $47,766 were divested by the Senior VP, Commercial Strategy at a price of $54.59 per share. As a result of the transaction, Lamy Patrick now holds 31,698 shares, worth roughly $1.69 million.
BofA Securities upgraded its Akero Therapeutics Inc [AKRO] rating to a Buy from a a Neutral in a research note published on January 30, 2025; the price target was increased to $63 from $35. A number of analysts have revised their coverage, including H.C. Wainwright’s analysts, who remained covering the stock and in late January has reiterated a ‘”a Buy”‘ rating for it. Citigroup began covering AKRO with “Buy” recommendation on November 18, 2024.
Price Performance Review of AKRO
On Monday, Akero Therapeutics Inc [NASDAQ:AKRO] saw its stock fall -5.04% to $53.36. Over the last five days, the stock has lost -1.24%. Akero Therapeutics Inc shares have risen nearly 132.71% since the year began. Nevertheless, the stocks have risen 91.80% over the past one year. While a 52-week high of $58.40 was reached on 01/27/25, a 52-week low of $21.02 was recorded on 01/14/25.
Levels Of Support And Resistance For AKRO Stock
The 24-hour chart illustrates a support level at 52.11, which if violated will result in even more drops to 50.86. On the upside, there is a resistance level at 55.56. A further resistance level may holdings at 57.76.
How much short interest is there in Akero Therapeutics Inc?
A steep rise in short interest was recorded in Akero Therapeutics Inc stocks on 2025-06-13, growing by 1.45 million shares to a total of 7.75 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 6.3 million shares. There was a rise of 18.76%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on September 19, 2023 when Cantor Fitzgerald began covering the stock and recommended ‘”an Overweight”‘ rating along with a $69 price target.
