Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Scholar Rock Holding Corp shares valued at $636,967 were purchased by Edward Myles on Jun 05 ’25. At $32.50 per share, Edward Myles acquired 19,599 shares.
Also, FLIER JEFFREY S. sold 6,075 shares, netting a total of over 180,584 in proceeds. Following the sale of shares at $29.73 each, the insider now holds 24,070 shares.
Before that, Burow Kristina had sold 5,400 shares from its account. In a trade valued at $160,511, the Director traded Scholar Rock Holding Corp shares for $29.72 each. Upon closing the transaction, the insider’s holdings decreased to 5,400 shares, worth approximately $0.7 million.
As published in a research note from H.C. Wainwright on November 26, 2024, Scholar Rock Holding Corp [SRRK] has been retained to a Buy and the price target has been revised to $50. Analysts at H.C. Wainwright resumed the stock at ‘”a Buy”‘ outlook in a report released in early October. As of March 28, 2024, Raymond James has initiated its “Strong buy” rating for SRRK. Earlier on October 25, 2023, Jefferies upgraded its rating. Their new recommendation was “a Buy” for SRRK stock which previously was a “a Hold”.
Analyzing SRRK Stock Performance
During the last five days, there has been a surge of approximately 7.11%. Over the course of the year, Scholar Rock Holding Corp shares have dropped approximately -23.62%. Shares of the company reached a 52-week high of $46.98 on 01/23/25 and a 52-week low of $22.71 on 04/09/25.
Support And Resistance Levels for Scholar Rock Holding Corp (SRRK)
According to the 24-hour chart, there is a support level at 32.41, which, if violated, would cause prices to drop to 31.80. In the upper region, resistance lies at 34.18. The next price resistance is at 35.34. RSI (Relative Strength Index) is 55.64 on the 14-day chart, showing neutral technical sentiment.
