Clover Health Investments Corp’s recently made public that its Director Loengard Anna U acquired Company’s shares for reported $0.1 million on Mar 14 ’24. In the deal valued at $0.73 per share,137,000 shares were bought. As a result of this transaction, Loengard Anna U now holds 538,841 shares worth roughly $0.37 million.
Then, Loengard Anna U bought 13,625 shares, generating $9,946 in total proceeds. Upon buying the shares at $0.73, the Director now owns 15,125 shares.
Before that, Loengard Anna U bought 11,000 shares. Clover Health Investments Corp shares valued at $14,300 were divested by the Director at a price of $1.30 per share. As a result of the transaction, Loengard Anna U now holds 10,000 shares, worth roughly $6899.999999999999.
Cowen upgraded its Clover Health Investments Corp [CLOV] rating to a Market perform from a an Underperform in a research note published on February 02, 2022; the price target was decreased to $3 from $7. A number of analysts have revised their coverage, including Canaccord Genuity’s analysts, who began to cover the stock in early February with a ‘”a Buy”‘ rating. SVB Leerink began covering CLOV with “Mkt perform” recommendation on January 19, 2022.
Price Performance Review of CLOV
On Friday, Clover Health Investments Corp [NASDAQ:CLOV] saw its stock jump 7.84% to $0.69. Over the last five days, the stock has gained 2.21%. Clover Health Investments Corp shares have fallen nearly -27.00% since the year began. Nevertheless, the stocks have fallen -9.08% over the past one year. While a 52-week high of $1.63 was reached on 02/09/24, a 52-week low of $0.61 was recorded on 04/22/24. SMA at 50 days reached $0.7516, while 200 days put it at $0.9901. A total of 3.49 million shares were traded, compared to the trading of 2.43 million shares in the previous session.
Levels Of Support And Resistance For CLOV Stock
The 24-hour chart illustrates a support level at 0.6656, which if violated will result in even more drops to 0.6363. On the upside, there is a resistance level at 0.7121. A further resistance level may holdings at 0.7293. The Relative Strength Index (RSI) on the 14-day chart is 50.42, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0142, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 5.32%. Stochastics %K at 55.98% indicates the stock is a holding.
