Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Caredx Inc shares valued at $385,918 were purchased by WILLIAM HAGSTROM on Jun 11 ’25. At $19.90 per share, WILLIAM HAGSTROM acquired 19,391 shares.
Also, HAGSTROM WILLIAM A sold 30,000 shares, netting a total of over 523,413 in proceeds. Following the sale of shares at $17.45 each, the insider now holds 53,979 shares.
Before that, HAGSTROM WILLIAM A had added 30,000 shares to its account. In a trade valued at $528,900, the Director bought Caredx Inc shares for $17.63 each.
As published in a research note from Wells Fargo on January 15, 2025, Caredx Inc [CDNA] has been rated up from an Underweight to an Equal weight and the price target has been revised to $24 from $28. Analysts at Wells Fargo started covering the stock with ‘”an Underweight”‘ outlook in a report released in late August. As of August 19, 2024, BTIG Research has increased its “Neutral” rating to a “Buy” for CDNA. Earlier on May 13, 2024, Raymond James downgraded its rating. Their new recommendation was “a Mkt perform” for CDNA stock which previously was a “an Outperform”.
Analyzing CDNA Stock Performance
On last trading session,, Caredx Inc [NASDAQ: CDNA] plunged -6.23% to $18.83. The stock’s lowest price that day was $18.76, but it reached a high of $19.99 in the same session. During the last five days, there has been a surge of approximately 0.37%. Over the course of the year, Caredx Inc shares have dropped approximately -12.05%.
Support And Resistance Levels for Caredx Inc (CDNA)
RSI (Relative Strength Index) is 55.73 on the 14-day chart, showing neutral technical sentiment.
Is Caredx Inc subject to short interest?
Stocks of Caredx Inc saw a sharp rise in short interest on 2025-05-30 jumping by 0.37 million shares to 6.5 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 6.13 million shares. A jump of 5.65% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 4.25 of the overall float, the days-to-cover ratio (short ratio) jumped to 4.25.
