Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. CervoMed Inc shares valued at $35,811 were purchased by ELDER WILLIAM ROBERT on May 14 ’25. At $8.46 per share, ELDER WILLIAM ROBERT acquired 4,233 shares. The insider’s holdings grew to 5,500 shares worth approximately $38445.0 following the completion of this transaction.
Also, ELDER WILLIAM ROBERT purchased 1,000 shares, netting a total of over 18,160 in proceeds. Following the buying of shares at $18.16 each, the insider now holds 1,267 shares.
As published in a research note from Chardan Capital Markets on March 13, 2025, CervoMed Inc [CRVO] has been rated up from a Neutral to a Buy and the price target has been revised to $14. Analysts at H.C. Wainwright downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in mid December. As of December 11, 2024, Morgan Stanley has decreased its “an Overweight” rating to a “an Underweight” for CRVO. Earlier on December 11, 2024, Chardan Capital Markets downgraded its rating. Their new recommendation was “a Neutral” for CRVO stock which previously was a “a Buy”.
Analyzing CRVO Stock Performance
On last trading session,, CervoMed Inc [NASDAQ: CRVO] plunged -0.99% to $6.99. The stock’s lowest price that day was $6.9, but it reached a high of $7.185 in the same session. During the last five days, there has been a drop of approximately -6.43%. Over the course of the year, CervoMed Inc shares have jumped approximately 198.72%. Shares of the company reached a 52-week high of $16.94 on 03/21/25 and a 52-week low of $1.92 on 03/11/25.
Support And Resistance Levels for CervoMed Inc (CRVO)
According to the 24-hour chart, there is a support level at 6.86, which, if violated, would cause prices to drop to 6.74. In the upper region, resistance lies at 7.15. The next price resistance is at 7.31. RSI (Relative Strength Index) is 37.95 on the 14-day chart, showing neutral technical sentiment.
Is CervoMed Inc subject to short interest?
Stocks of CervoMed Inc saw a sharp steep in short interest on 2025-05-30 dropping by -0.62 million shares to 0.28 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 0.9 million shares. A decline of -223.94% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 0.98 of the overall float, the days-to-cover ratio (short ratio) decline to 0.98.
Which companies own the most shares of CervoMed Inc (CRVO)?
In terms of CervoMed Inc share price expectations, FactSet research, analysts set an average price target of 16.32 in the next 12 months, up nearly 131.16% from the previous closing price of $7.06. Analysts anticipate CervoMed Inc stock to reach 19.29 by 2025, with the lowest price target being 16.32. In spite of this, 2 analysts ranked CervoMed Inc stock as Buy at the end of 2025.
