Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Alumis Inc shares valued at $115,500 were purchased by Tananbaum James B. on May 02 ’25. At $4.62 per share, Tananbaum James B. acquired 25,000 shares. The insider’s holdings grew to 4,227,670 shares worth approximately $12.39 million following the completion of this transaction.
Also, Tananbaum James B. purchased 20,000 shares, netting a total of over 86,800 in proceeds. Following the buying of shares at $4.34 each, the insider now holds 4,247,670 shares.
Before that, Foresite Labs, LLC had added 25,000 shares to its account. In a trade valued at $115,500, the 10% Owner bought Alumis Inc shares for $4.62 each. Upon closing the transaction, the insider’s holdings increased to 25,000 shares, worth approximately $12.39 million.
Analysts at Oppenheimer started covering the stock with ‘”an Outperform”‘ outlook in a report released in late January. As of October 31, 2024, Robert W. Baird has initiated its “an Outperform” rating for ALMS. Earlier on October 17, 2024, H.C. Wainwright initiated its rating. Their recommendation was “a Buy” for ALMS stock.
Analyzing ALMS Stock Performance
On last trading session,, Alumis Inc [NASDAQ: ALMS] plunged -2.66% to $2.93. The stock’s lowest price that day was $2.8, but it reached a high of $3.0922 in the same session. During the last five days, there has been a drop of approximately -2.66%.
Support And Resistance Levels for Alumis Inc (ALMS)
According to the 24-hour chart, there is a support level at 2.79, which, if violated, would cause prices to drop to 2.65. In the upper region, resistance lies at 3.08. The next price resistance is at 3.23. RSI (Relative Strength Index) is 35.78 on the 14-day chart, showing neutral technical sentiment.
Is Alumis Inc subject to short interest?
Stocks of Alumis Inc saw a sharp rise in short interest on 2025-05-30 jumping by 0.15 million shares to 3.69 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 3.53 million shares. A jump of 4.13% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 3.73 of the overall float, the days-to-cover ratio (short ratio) jumped to 3.73.
Which companies own the most shares of Alumis Inc (ALMS)?
In terms of Alumis Inc share price expectations, FactSet research, analysts set an average price target of 25 in the next 12 months, up nearly 730.56% from the previous closing price of $3.01. Analysts anticipate Alumis Inc stock to reach 30 by 2025, with the lowest price target being 13. In spite of this, 3 analysts ranked Alumis Inc stock as Buy at the end of 2025. On July 23, 2024, Morgan Stanley assigned a price target of “an Overweight” to the stock and initiated coverage with a $36.
