The Potential Rise in the Price of Alkermes plc (ALKS) following insiders activity

Alkermes plc’s recent filing unveils that its VP, Finance (Interim PAO) Parisi Samuel Joseph unloaded Company’s shares for reported $65892.0 on Feb 28 ’25. In the deal valued at $34.00 per share,1,938 shares were sold. As a result of this transaction, Parisi Samuel Joseph now holds 7,717 shares worth roughly $0.24 million.

Then, Parisi Samuel Joseph sold 3,743 shares, generating $131,978 in total proceeds. Upon selling the shares at $35.26, the VP, Finance (Interim PAO) now owns 7,717 shares.

Before that, Parisi Samuel Joseph sold 1,327 shares. Alkermes plc shares valued at $47,361 were divested by the VP, Finance (Interim PAO) at a price of $35.69 per share. As a result of the transaction, Parisi Samuel Joseph now holds 7,717 shares, worth roughly $0.24 million.

Needham initiated its Alkermes plc [ALKS] rating to a Buy in a research note published on May 28, 2025; the price target was $45. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who began to cover the stock in mid March with a ‘”a Sector perform”‘ rating. UBS also remained covering ALKS and has increased its forecast on March 04, 2025 with a “Neutral” recommendation from previously “Sell” rating. Deutsche Bank started covering the stock on February 11, 2025. It rated ALKS as “a Buy”.

Price Performance Review of ALKS

On Friday, Alkermes plc [NASDAQ:ALKS] saw its stock jump 1.19% to $30.61. Over the last five days, the stock has gained 1.86%. Alkermes plc shares have risen nearly 6.43% since the year began. Nevertheless, the stocks have risen 28.88% over the past one year. While a 52-week high of $36.45 was reached on 02/18/25, a 52-week low of $22.90 was recorded on 04/10/25. SMA at 50 days reached $30.27, while 200 days put it at $29.89.

Levels Of Support And Resistance For ALKS Stock

The 24-hour chart illustrates a support level at 29.90, which if violated will result in even more drops to 29.18. On the upside, there is a resistance level at 31.12. A further resistance level may holdings at 31.63. The Relative Strength Index (RSI) on the 14-day chart is 52.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.39, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 44.92%. Stochastics %K at 41.15% indicates the stock is a holding.

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