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. Codexis Inc shares valued at $239,000 were purchased by Opaleye Management Inc. on Jun 27 ’25. At $2.39 per share, Opaleye Management Inc. acquired 100,000 shares. The insider’s holdings grew to 12,350,000 shares worth approximately $34.7 million following the completion of this transaction.
Also, Opaleye Management Inc. purchased 100,000 shares, netting a total of over 225,000 in proceeds. Following the buying of shares at $2.25 each, the insider now holds 12,100,000 shares.
Before that, Opaleye Management Inc. had added 99,102 shares to its account. In a trade valued at $220,997, the 10% Owner bought Codexis Inc shares for $2.23 each. Upon closing the transaction, the insider’s holdings increased to 99,102 shares, worth approximately $34.28 million.
As published in a research note from The Benchmark Company on August 19, 2024, Codexis Inc [CDXS] has been rated down from a Buy to a Hold. As of May 30, 2024, Cantor Fitzgerald has initiated its “an Overweight” rating for CDXS. Earlier on February 29, 2024, The Benchmark Company upgraded its rating. Their new recommendation was “a Buy” for CDXS stock which previously was a “a Hold”.
Analyzing CDXS Stock Performance
On last trading session,, Codexis Inc [NASDAQ: CDXS] rose 17.08% to $2.81. The stock’s lowest price that day was $2.47, but it reached a high of $2.85 in the same session. During the last five days, there has been a surge of approximately 11.95%. Over the course of the year, Codexis Inc shares have dropped approximately -9.35%. Shares of the company reached a 52-week high of $5.51 on 01/03/25 and a 52-week low of $1.90 on 04/07/25.
Support And Resistance Levels for Codexis Inc (CDXS)
According to the 24-hour chart, there is a support level at 2.57, which, if violated, would cause prices to drop to 2.33. In the upper region, resistance lies at 2.95. The next price resistance is at 3.09. RSI (Relative Strength Index) is 66.58 on the 14-day chart, showing neutral technical sentiment.
Is Codexis Inc subject to short interest?
Stocks of Codexis Inc saw a sharp rise in short interest on 2025-06-13 jumping by 0.63 million shares to 6.36 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 5.73 million shares. A jump of 9.84% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 6.34 of the overall float, the days-to-cover ratio (short ratio) jumped to 6.34.
Which companies own the most shares of Codexis Inc (CDXS)?
In terms of Codexis Inc share price expectations, FactSet research, analysts set an average price target of 11 in the next 12 months, up nearly 358.33% from the previous closing price of $2.4. Analysts anticipate Codexis Inc stock to reach 11 by 2025, with the lowest price target being 11. In spite of this, 3 analysts ranked Codexis Inc stock as Buy at the end of 2025.
