Arcutis Biotherapeutics Inc’s filing revealed that its insider Burnett Patrick unloaded Company’s shares for reported $0.35 million on Jul 10 ’25. In the deal valued at $15.05 per share,23,000 shares were sold. As a result of this transaction, Burnett Patrick now holds 115,468 shares worth roughly $1.84 million.
Then, Burnett Patrick sold 5,750 shares, generating $86,654 in total proceeds. Upon selling the shares at $15.07, the insider now owns 115,468 shares.
Before that, Burnett Patrick bought 5,750 shares. Arcutis Biotherapeutics Inc shares valued at $86,654 were divested by the Officer at a price of $15.07 per share.
H.C. Wainwright initiated its Arcutis Biotherapeutics Inc [ARQT] rating to a Buy in a research note published on December 30, 2024; the price target was $19. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in late August with a ‘”a Buy”‘ rating. Mizuho also remained covering ARQT and has increased its forecast on January 03, 2024 with a “Buy” recommendation from previously “Neutral” rating. Mizuho revised its rating on October 26, 2023. It rated ARQT as “a Neutral” which previously was an “a Buy”.
Price Performance Review of ARQT
On Monday, Arcutis Biotherapeutics Inc [NASDAQ:ARQT] saw its stock jump 5.93% to $15.9. Over the last five days, the stock has gained 18.75%. Arcutis Biotherapeutics Inc shares have risen nearly 62.08% since the year began. Nevertheless, the stocks have risen 14.14% over the past one year. While a 52-week high of $17.75 was reached on 03/25/25, a 52-week low of $7.86 was recorded on 02/11/25.
Levels Of Support And Resistance For ARQT Stock
The 24-hour chart illustrates a support level at 15.24, which if violated will result in even more drops to 14.57. On the upside, there is a resistance level at 16.25. A further resistance level may holdings at 16.59.
How much short interest is there in Arcutis Biotherapeutics Inc?
A steep rise in short interest was recorded in Arcutis Biotherapeutics Inc stocks on 2025-06-13, growing by 2.61 million shares to a total of 18.64 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 16.04 million shares. There was a rise of 13.99%, which implies that there is a positive sentiment for the stock.
