Absci Corp’s recently made public that its Director Pangalos Menelas N acquired Company’s shares for reported $0.25 million on Sep 22 ’25. In the deal valued at $2.66 per share,95,785 shares were bought. As a result of this transaction, Pangalos Menelas N now holds 113,960 shares worth roughly $0.39 million.
Then, Bedrick Todd bought 10,000 shares, generating $27,000 in total proceeds. Upon buying the shares at $2.70, the SVP, CAO now owns 180,428 shares.
Before that, Busch Andreas bought 50,000 shares. Absci Corp shares valued at $152,000 were divested by the Chief Innovation Officer at a price of $3.04 per share. As a result of the transaction, Busch Andreas now holds 327,264 shares, worth roughly $1.11 million.
JP Morgan initiated its Absci Corp [ABSI] rating to an Overweight in a research note published recently. Needham began covering ABSI with “Buy” recommendation on January 22, 2025. Guggenheim started covering the stock on October 02, 2024. It rated ABSI as “a Buy”.
Price Performance Review of ABSI
On Friday, Absci Corp [NASDAQ:ABSI] saw its stock fall -4.79% to $3.38. Over the last five days, the stock has gained 23.81%. Absci Corp shares have fallen nearly -6.63% since the year began. Nevertheless, the stocks have risen 29.01% over the past one year. While a 52-week high of $6.33 was reached on 02/18/25, a 52-week low of $2.01 was recorded on 04/04/25.
Levels Of Support And Resistance For ABSI Stock
The 24-hour chart illustrates a support level at 3.24, which if violated will result in even more drops to 3.10. On the upside, there is a resistance level at 3.57. A further resistance level may holdings at 3.76.
How much short interest is there in Absci Corp?
A steep rise in short interest was recorded in Absci Corp stocks on 2025-09-15, growing by 1.93 million shares to a total of 33.15 million shares. Yahoo Finance data shows the prior-month short interest on 2025-08-15 was 31.22 million shares. There was a rise of 5.82%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on July 03, 2024 when Morgan Stanley began covering the stock and recommended ‘”an Overweight”‘ rating along with a $7 price target.
