Potential Price Increase for Mind Medicine Inc (MNMD) After Recent Insider Activity

Mind Medicine Inc’s recently made public that its Chief Legal Officer Sullivan Mark unloaded Company’s shares for reported $78139.0 on Jun 25 ’25. In the deal valued at $6.80 per share,11,491 shares were sold. As a result of this transaction, Sullivan Mark now holds 305,130 shares worth roughly $2.86 million.

Then, Karlin Daniel sold 7,848 shares, generating $53,366 in total proceeds. Upon selling the shares at $6.80, the Chief Medical Officer now owns 438,329 shares.

Before that, Barrow Robert sold 26,491 shares. Mind Medicine Inc shares valued at $180,139 were divested by the Chief Executive Officer at a price of $6.80 per share. As a result of the transaction, Barrow Robert now holds 830,065 shares, worth roughly $7.77 million.

A number of analysts have revised their coverage, including Evercore ISI’s analysts, who began to cover the stock in late January with a ‘”an Outperform”‘ rating. Chardan Capital Markets began covering MNMD with “Buy” recommendation on December 20, 2024.

Price Performance Review of MNMD

On Monday, Mind Medicine Inc [NASDAQ:MNMD] saw its stock jump 10.90% to $9.36. Over the last five days, the stock has lost -3.31%. Mind Medicine Inc shares have risen nearly 1.08% since the year began. Nevertheless, the stocks have risen 34.48% over the past one year.

How much short interest is there in Mind Medicine Inc?

A steep rise in short interest was recorded in Mind Medicine Inc stocks on 2025-07-15, growing by 0.16 million shares to a total of 11.22 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-13 was 11.07 million shares. There was a rise of 1.41%, which implies that there is a positive sentiment for the stock.

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