In a filing, Profound Medical Corp revealed its CEO Menawat Arun Swarup acquired Company’s shares for reported $56888.0 on May 16 ’25. In the deal valued at $4.73 per share,12,027 shares were bought. As a result of this transaction, Menawat Arun Swarup now holds 587,089 shares worth roughly $2.79 million.
Then, Menawat Arun Swarup bought 10,003 shares, generating $43,263 in total proceeds. Upon buying the shares at $4.33, the CEO now owns 575,062 shares.
Before that, Goodman Abbey bought 13,014 shares. Profound Medical Corp shares valued at $105,544 were divested by the Officer at a price of $8.11 per share.
Lake Street initiated its Profound Medical Corp [PROF] rating to a Buy in a research note published on July 23, 2024; the price target was $16.50. A number of analysts have revised their coverage, including Stifel’s analysts, who increased its forecast for the stock in mid July from “a Hold” to “a Buy”. Stifel began covering PROF with “Hold” recommendation on November 28, 2023. Raymond James revised its rating on August 04, 2023. It rated PROF as “an Outperform” which previously was an “a Strong buy”.
Price Performance Review of PROF
On Monday, Profound Medical Corp [NASDAQ:PROF] saw its stock jump 11.76% to $4.75. Over the last five days, the stock has lost -15.63%. Profound Medical Corp shares have fallen nearly -48.98% since the year began. Nevertheless, the stocks have fallen -36.75% over the past one year. While a 52-week high of $9.87 was reached on 01/02/25, a 52-week low of $3.89 was recorded on 04/09/25.
Levels Of Support And Resistance For PROF Stock
The 24-hour chart illustrates a support level at 4.40, which if violated will result in even more drops to 4.04. On the upside, there is a resistance level at 4.97. A further resistance level may holdings at 5.18.
How much short interest is there in Profound Medical Corp?
A steep rise in short interest was recorded in Profound Medical Corp stocks on 2025-07-31, growing by 28964.0 shares to a total of 0.64 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-30 was 0.61 million shares. There was a rise of 4.52%, which implies that there is a positive sentiment for the stock.
