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. Clearside Biomedical Inc shares valued at $13,800 were purchased by Thorp Clay on Feb 24 ’25. At $0.92 per share, Thorp Clay acquired 15,000 shares. The insider’s holdings grew to 176,141 shares worth approximately $0.11 million following the completion of this transaction.
Also, Chong Ngai Hang Victor purchased 36,500 shares, netting a total of over 36,500 in proceeds. Following the buying of shares at $1.00 each, the insider now holds 100,000 shares.
As published in their initiating research note from Chardan Capital Markets on August 21, 2024, Clearside Biomedical Inc [CLSD] has been a Buy and the price target has been revised to $6. Analysts at Oppenheimer started covering the stock with ‘”an Outperform”‘ outlook in a report released in late June. Earlier on July 29, 2021, H.C. Wainwright initiated its rating. Their recommendation was “a Buy” for CLSD stock.
Analyzing CLSD Stock Performance
On last trading session,, Clearside Biomedical Inc [NASDAQ: CLSD] plunged -28.01% to $0.6. The stock’s lowest price that day was $0.3201, but it reached a high of $0.8383 in the same session. During the last five days, there has been a drop of approximately -31.26%. Over the course of the year, Clearside Biomedical Inc shares have dropped approximately -51.47%.
Support And Resistance Levels for Clearside Biomedical Inc (CLSD)
RSI (Relative Strength Index) is 26.02 on the 14-day chart, showing oversold technical sentiment.
Is Clearside Biomedical Inc subject to short interest?
Stocks of Clearside Biomedical Inc saw a sharp rise in short interest on 2025-06-13 jumping by 0.13 million shares to 0.35 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 0.22 million shares. A jump of 36.26% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 0.92 of the overall float, the days-to-cover ratio (short ratio) jumped to 0.92.
