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. Absci Corp shares valued at $152,000 were purchased by Busch Andreas on Jul 28 ’25. At $3.04 per share, Busch Andreas acquired 50,000 shares. The insider’s holdings grew to 327,264 shares worth approximately $0.93 million following the completion of this transaction.
Analysts at Needham started covering the stock with ‘”a Buy”‘ outlook in a report released in late January. As of October 02, 2024, Guggenheim has initiated its “Buy” rating for ABSI. Earlier on July 03, 2024, Morgan Stanley initiated its rating. Their recommendation was “an Overweight” for ABSI stock.
Analyzing ABSI Stock Performance
On last trading session, Absci Corp [NASDAQ: ABSI] plunged -3.08% to $2.83. The stock’s lowest price that day was $2.81, but it reached a high of $3.0 in the same session. During the last five days, there has been a drop of approximately -19.37%. Over the course of the year, Absci Corp shares have dropped approximately -36.55%.
Support And Resistance Levels for Absci Corp (ABSI)
RSI (Relative Strength Index) is 46.36 on the 14-day chart, showing neutral technical sentiment.
Is Absci Corp subject to short interest?
Stocks of Absci Corp saw a sharp rise in short interest on 2025-07-15 jumping by 4.97 million shares to 31.06 million. Data from Yahoo Finance shows that the short interest on 2025-06-13 was 26.1 million shares. A jump of 15.99% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 7.33 of the overall float, the days-to-cover ratio (short ratio) jumped to 7.33.
Which companies own the most shares of Absci Corp (ABSI)?
In terms of Absci Corp share price expectations, FactSet research, analysts set an average price target of 6 in the next 12 months, up nearly 105.48% from the previous closing price of $2.92. Analysts anticipate Absci Corp stock to reach 6 by 2025, with the lowest price target being 6. In spite of this, 3 analysts ranked Absci Corp stock as Buy at the end of 2025. On March 14, 2024, Scotiabank assigned a price target of “a Sector outperform” to the stock and initiated coverage with a $13.
