Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. VirTra Inc shares valued at $104,958 were sold by FERRIS ROBERT D on Dec 04 ’23. At $8.16 per share, FERRIS ROBERT D sold 12,855 shares. The insider’s holdings dropped to 239,142 shares worth approximately $3.17 million following the completion of this transaction.
Also, FERRIS ROBERT D sold 2,145 shares, netting a total of over 17,938 in proceeds. Following the sale of shares at $8.36 each, the insider now holds 236,997 shares.
Before that, FERRIS ROBERT D had sold 13,895 shares from its account. In a trade valued at $99,940, the Executive Chairman traded VirTra Inc shares for $7.19 each. Upon closing the transaction, the insider’s holdings decreased to 13,895 shares, worth approximately $3.35 million.
As published in a research note from Maxim Group on July 13, 2021, VirTra Inc [VTSI] has been rated down from a Buy to a Hold. Analysts at Lake Street started covering the stock with ‘”a Buy”‘ outlook in a report released in late August. As of July 12, 2018, Maxim Group has initiated its “Buy” rating for VTSI.
Analyzing VTSI Stock Performance
During the last five days, there has been a surge of approximately 1.30%. Over the course of the year, VirTra Inc shares have jumped approximately 39.92%. Shares of the company reached a 52-week high of $16.97 on 04/05/24 and a 52-week low of $8.65 on 03/12/24. A 50-day SMA is recorded $10.95, while a 200-day SMA reached $8.32. Nevertheless, trading volume fell to 0.52 million shares from 0.14 million shares the previous day.
Support And Resistance Levels for VirTra Inc (VTSI)
According to the 24-hour chart, there is a support level at 12.06, which, if violated, would cause prices to drop to 10.87. In the upper region, resistance lies at 14.08. The next price resistance is at 14.91. RSI (Relative Strength Index) is 59.32 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.80, which suggests the price will decrease in the coming days. Percent R is at 48.06%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
