Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Corcept Therapeutics Inc shares valued at $172,862 were sold by Robb Gary Charles on May 20 ’25. At $75.85 per share, Robb Gary Charles sold 2,279 shares. The insider’s holdings dropped to 16,586 shares worth approximately $1.26 million following the completion of this transaction.
Also, Guyer William sold 32,262 shares, netting a total of over 2,393,014 in proceeds. Following the sale of shares at $74.17 each, the insider now holds 5,487 shares.
Before that, MAHONEY DAVID L had sold 27,352 shares from its account. In a trade valued at $2,030,452, the Director traded Corcept Therapeutics Inc shares for $74.23 each. Upon closing the transaction, the insider’s holdings decreased to 27,352 shares, worth approximately $0.0.
As published in a research note from Truist on November 06, 2023, Corcept Therapeutics Inc [CORT] has been rated up from a Hold to a Buy and the price target has been revised to $38 from $29. Analysts at SVB Securities started covering the stock with ‘”a Market perform”‘ outlook in a report released in mid April. As of April 04, 2023, Piper Sandler has initiated its “an Overweight” rating for CORT. Earlier on February 15, 2023, Jefferies downgraded its rating. Their new recommendation was “a Hold” for CORT stock which previously was a “a Buy”.
Analyzing CORT Stock Performance
During the last five days, there has been a surge of approximately 3.72%. Over the course of the year, Corcept Therapeutics Inc shares have jumped approximately 51.00%. Shares of the company reached a 52-week high of $117.33 on 03/31/25 and a 52-week low of $49.00 on 01/13/25.
Support And Resistance Levels for Corcept Therapeutics Inc (CORT)
According to the 24-hour chart, there is a support level at 74.61, which, if violated, would cause prices to drop to 73.14. In the upper region, resistance lies at 77.29. The next price resistance is at 78.50. RSI (Relative Strength Index) is 58.84 on the 14-day chart, showing neutral technical sentiment.
