In a filing, Sunworks Inc. revealed its Chief Financial Officer Bonfigt Jason Lee acquired Company’s shares for reported $1810.0 on Jun 14. In the deal valued at $1.81 per share,1,000 shares were bought. As a result of this transaction, Bonfigt Jason Lee now holds 141,358 shares worth roughly $ 0.27 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free.
Then, Morris Gaylon bought 10,000 shares, generating $19,000 in total proceeds. Upon buying the shares at $1.90, the Chief Executive Officer now owns 230,000 shares.
Before that, Bonfigt Jason Lee bought 2,500 shares. Sunworks Inc. shares valued at $4,750 were divested by the Chief Financial Officer at a price of $1.90 per share. As a result of the transaction, Bonfigt Jason Lee now holds 140,358 shares, worth roughly $0.27 million.
Taking this into account, Colliers Securities initiated its Sunworks Inc. [SUNW] rating to a Buy in a research note published on Tuesday, March 01, 2022; the price target was $5.50. PT values the company’s stock at a premium of 65.64 to its Tuesday closing price. ROTH Capital also remained covering SUNW and has decreased its forecast on April 02, 2020 with a “Neutral” recommendation from previously “Buy” rating. ROTH Capital started covering the stock on June 27, 2017. It rated SUNW as “a Neutral”.
Price Performance Review of SUNW
On Tuesday, Sunworks Inc. [NASDAQ:SUNW] saw its stock jump 3.28% to $1.89. On the same session, the stock had its day’s lowest price of $1.855, but rose to a high of $1.9799. Over the last five days, the stock has gained 1.07%. Sunworks Inc. shares have fallen nearly -38.44% since the year began. Nevertheless, the stocks have fallen -79.68% over the past one year. While a 52-week high of $11.77 was reached on 03/08/22, a 52-week low of $1.23 was recorded on 05/12/22. SMA at 50 days reached $1.8796, while 200 days put it at $3.5715. A total of 1.03 million shares were traded, compared to the trading of 0.92 million shares in the previous session.
Levels Of Support And Resistance For SUNW Stock
The 24-hour chart illustrates a support level at 1.8367, which if violated will result in even more drops to 1.7834. On the upside, there is a resistance level at 1.9616. A further resistance level may holdings at 2.0332. The Relative Strength Index (RSI) on the 14-day chart is 48.82, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1262, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.32%. Stochastics %K at 20.27% indicates the stock is a holding.
Sunworks Inc. [SUNW] – Who Are The Largest Shareholders?
. Over the last quarter, BlackRock Fund Advisors purchased 694 shares of Sunworks Inc., while D. E. Shaw & Co. LP bought 292,571 shares. At present, Geode Capital Management LLC is holding 269,387 shares valued at $0.55 million. HRT Financial LLC owned 229,927 shares of the company at the time of its most recent 13F filing, worth $0.47 million.
According to FactSet, Sunworks Inc.’s share price will average $3.25 in the next year, based on opinions of analysts polled by the firm. This is up nearly 77.6 percent from its previous closing price of $1.83. Analysts expect Sunworks Inc. stock to reach the higher price of $4.50, while the lowest price estimate is $2.00. However, 2 analysts have rated SUNW stock as an Overweight in their predictions for 2022.