The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Mannkind Corp shares valued at $256,340 were sold by Binder Steven B. on Jun 10 ’25. At $4.00 per share, Binder Steven B. sold 64,085 shares. The insider’s holdings dropped to 925,258 shares worth approximately $3.49 million following the completion of this transaction.
Also, STEVEN B BINDER purchased 64,085 shares, netting a total of over 256,430 in proceeds.
Before that, Binder Steven B. had sold 12,078 shares from its account. In a trade valued at $53,143, the Director traded Mannkind Corp shares for $4.40 each. Upon closing the transaction, the insider’s holdings decreased to 12,078 shares, worth approximately $3.73 million.
As published in their initiating research note from Mizuho on April 10, 2025, Mannkind Corp [MNKD] has been an Outperform and the price target has been revised to $12. Analysts at Wedbush started covering the stock with ‘”an Outperform”‘ outlook in a report released in early February. As of December 20, 2024, Wells Fargo has initiated its “an Overweight” rating for MNKD. Earlier on December 19, 2024, RBC Capital Mkts upgraded its rating. Their new recommendation was “an Outperform” for MNKD stock which previously was a “a Sector perform”.
Analyzing MNKD Stock Performance
On last trading session,, Mannkind Corp [NASDAQ: MNKD] plunged -2.08% to $3.77. The stock’s lowest price that day was $3.7246, but it reached a high of $3.87 in the same session. During the last five days, there has been a drop of approximately -1.05%. Over the course of the year, Mannkind Corp shares have dropped approximately -30.57%. Shares of the company reached a 52-week high of $6.68 on 01/02/25 and a 52-week low of $3.63 on 06/18/25.
Support And Resistance Levels for Mannkind Corp (MNKD)
According to the 24-hour chart, there is a support level at 3.71, which, if violated, would cause prices to drop to 3.64. In the upper region, resistance lies at 3.85. The next price resistance is at 3.93. RSI (Relative Strength Index) is 38.23 on the 14-day chart, showing neutral technical sentiment.
Is Mannkind Corp subject to short interest?
Stocks of Mannkind Corp saw a sharp steep in short interest on 2025-06-13 dropping by -1.59 million shares to 24.23 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 25.82 million shares. A decline of -6.57% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 11.01 of the overall float, the days-to-cover ratio (short ratio) decline to 11.01.
Which companies own the most shares of Mannkind Corp (MNKD)?
In terms of Mannkind Corp share price expectations, FactSet research, analysts set an average price target of 11 in the next 12 months, up nearly 185.71% from the previous closing price of $3.85. Analysts anticipate Mannkind Corp stock to reach 12 by 2025, with the lowest price target being 10. In spite of this, 2 analysts ranked Mannkind Corp stock as Buy at the end of 2025. On September 09, 2024, Leerink Partners assigned a price target of “an Outperform” to the stock and resumed coverage with a $8.
