Phunware Inc’s recently made public that its Chief Executive Officer Snavely Michael acquired Company’s shares for reported $22600.0 on Mar 14 ’24. In the deal valued at $9.04 per share,2,500 shares were bought. As a result of this transaction, Snavely Michael now holds 23,143 shares worth roughly $0.22 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
Sponsored
Then, Reisner Troy Lee bought 2,000 shares, generating $17,514 in total proceeds. Upon buying the shares at $8.76, the Chief Financial Officer now owns 14,000 shares.
Before that, Snavely Michael sold 273 shares. Phunware Inc shares valued at $44 were divested by the Chief Executive Officer at a price of $0.16 per share. As a result of the transaction, Snavely Michael now holds 1,177,136 shares, worth roughly $11.19 million.
ROTH Capital initiated its Phunware Inc [PHUN] rating to a Buy in a research note published on May 11, 2021; the price target was $2.50. A number of analysts have revised their coverage, including Ascendiant Capital Markets’s analysts, who began to cover the stock in mid June with a ‘”a Buy”‘ rating.
Price Performance Review of PHUN
On Friday, Phunware Inc [NASDAQ:PHUN] saw its stock fall -5.00% to $9.51. Over the last five days, the stock has lost -10.20%. Phunware Inc shares have risen nearly 131.95% since the year began. Nevertheless, the stocks have fallen -74.30% over the past one year. While a 52-week high of $39.24 was reached on 01/16/24, a 52-week low of $3.50 was recorded on 01/08/24. SMA at 50 days reached $12.89, while 200 days put it at $13.11. A total of 0.71 million shares were traded, compared to the trading of 0.83 million shares in the previous session.
Levels Of Support And Resistance For PHUN Stock
The 24-hour chart illustrates a support level at 9.23, which if violated will result in even more drops to 8.94. On the upside, there is a resistance level at 10.08. A further resistance level may holdings at 10.64. The Relative Strength Index (RSI) on the 14-day chart is 45.00, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.48, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.62%. Stochastics %K at 22.84% indicates the stock is a holding.
How much short interest is there in Phunware Inc?
A steep rise in short interest was recorded in Phunware Inc stocks on Feb 29, 2024, growing by 1.31 million shares to a total of 2.12 million shares. Yahoo Finance data shows the prior-month short interest on Jan 31, 2024 was 0.81 million shares. There was a rise of 61.83%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 27.02% of the overall stock float, the days-to-cover ratio (short ratio) rose to 1.23.
Phunware Inc [PHUN] – Who Are The Largest Shareholders?
In filings from N/A, it is revealed that the company now owns N/A shares, or roughly N/A of the outstanding PHUN shares. .
