Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Galecto Inc shares valued at $2,484 were sold by Schambye Hans T. on Jul 03 ’25. At $3.38 per share, Schambye Hans T. sold 735 shares. The insider’s holdings dropped to 4,022 shares worth approximately $59324.5 following the completion of this transaction.
Also, Winslow Garrett sold 260 shares, netting a total of over 881 in proceeds. Following the sale of shares at $3.39 each, the insider now holds 1,429 shares.
Before that, Firmani Lori had sold 147 shares from its account. In a trade valued at $498, the Interim CFO traded Galecto Inc shares for $3.39 each. Upon closing the transaction, the insider’s holdings decreased to 147 shares, worth approximately $10207.0.
Analysts at SVB Leerink started covering the stock with ‘”an Outperform”‘ outlook in a report released in late November. As of November 23, 2020, Credit Suisse has initiated its “an Outperform” rating for GLTO. Earlier on November 23, 2020, BofA Securities initiated its rating. Their recommendation was “a Buy” for GLTO stock.
Analyzing GLTO Stock Performance
On last trading session, Galecto Inc [NASDAQ: GLTO] rose 38.50% to $14.75. The stock’s lowest price that day was $13.4, but it reached a high of $18.45 in the same session. During the last five days, there has been a surge of approximately 273.42%. Over the course of the year, Galecto Inc shares have jumped approximately 74.25%. Shares of the company reached a 52-week high of $31.70 on 10/07/25 and a 52-week low of $2.01 on 04/09/25.
Support And Resistance Levels for Galecto Inc (GLTO)
According to the 24-hour chart, there is a support level at 12.62, which, if violated, would cause prices to drop to 10.48. In the upper region, resistance lies at 17.67. The next price resistance is at 20.58. RSI (Relative Strength Index) is 69.35 on the 14-day chart, showing neutral technical sentiment.
Is Galecto Inc subject to short interest?
Stocks of Galecto Inc saw a sharp rise in short interest on 2025-09-15 jumping by 64004.0 shares to 83162.0. Data from Yahoo Finance shows that the short interest on 2025-08-15 was 19158.0 shares. A jump of 76.96% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 0.35 of the overall float, the days-to-cover ratio (short ratio) jumped to 0.35.
Which companies own the most shares of Galecto Inc (GLTO)?
In terms of Galecto Inc share price expectations, FactSet research, analysts set an average price target of 10 in the next 12 months, down nearly -6.1% from the previous closing price of $10.65. Analysts anticipate Galecto Inc stock to reach 10 by 2025, with the lowest price target being 10. In spite of this, 1 analysts ranked Galecto Inc stock as Buy at the end of 2025.
