H.C. Wainwright downgrades Cassava Sciences Inc (SAVA) rating to a Neutral

Cassava Sciences Inc’s filing revealed that its President & CEO Barry Richard acquired Company’s shares for reported $0.43 million on Sep 18 ’25. In the deal valued at $2.24 per share,190,633 shares were bought. As a result of this transaction, Barry Richard now holds 660,195 shares worth roughly $1.53 million.

Then, Barry Richard bought 47,308 shares, generating $108,319 in total proceeds. Upon buying the shares at $2.29, the President & CEO now owns 707,503 shares.

Before that, Kupiec James William sold 4,000 shares. Cassava Sciences Inc shares valued at $15,480 were divested by the Chief Medical Officer at a price of $3.87 per share. As a result of the transaction, Kupiec James William now holds 0 shares, worth roughly $0.0.

H.C. Wainwright downgraded its Cassava Sciences Inc [SAVA] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including H.C. Wainwright’s analysts, who increased its forecast for the stock in early October from “a Neutral” to “a Buy”. H.C. Wainwright also remained covering SAVA and has decreased its forecast on July 01, 2024 with a “Neutral” recommendation from previously “Buy” rating. B. Riley Securities revised its rating on November 16, 2022. It rated SAVA as “a Neutral” which previously was an “a Buy”.

Price Performance Review of SAVA

On Monday, Cassava Sciences Inc [NASDAQ:SAVA] saw its stock jump 1.75% to $2.32. Over the last five days, the stock has gained 11.54%. Cassava Sciences Inc shares have fallen nearly -92.35% since the year began. Nevertheless, the stocks have fallen -1.69% over the past one year. While a 52-week high of $33.98 was reached on 01/07/25, a 52-week low of $1.15 was recorded on 04/10/25.

Levels Of Support And Resistance For SAVA Stock

The 24-hour chart illustrates a support level at 2.24, which if violated will result in even more drops to 2.16. On the upside, there is a resistance level at 2.42. A further resistance level may holdings at 2.52.

How much short interest is there in Cassava Sciences Inc?

A steep rise in short interest was recorded in Cassava Sciences Inc stocks on 2025-08-29, dropping by -0.19 million shares to a total of 6.13 million shares. Yahoo Finance data shows the prior-month short interest on 2025-07-31 was 6.32 million shares. There was a decline of -3.12%, which implies that there is a negative sentiment for the stock.

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