The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Sphere 3D Corp shares valued at $15,637 were sold by Kalbfleisch Kurt L. on Dec 06 ’23. At $1.55 per share, Kalbfleisch Kurt L. sold 10,070 shares. The insider’s holdings dropped to 67,939 shares worth approximately $79488.62999999999 following the completion of this transaction.
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Also, O’Daniel Joseph sold 21,429 shares, netting a total of over 33,410 in proceeds. Following the sale of shares at $1.56 each, the insider now holds 1,517 shares.
Before that, Kalbfleisch Kurt L. had sold 38,617 shares from its account. In a trade valued at $35,215, the SVP and CFO traded Sphere 3D Corp shares for $0.91 each. Upon closing the transaction, the insider’s holdings decreased to 38,617 shares, worth approximately $91364.12999999999.
As published in their initiating research note from Ladenburg Thalmann on January 19, 2016, Sphere 3D Corp [ANY] has been a Buy and the price target has been revised to $3. Analysts at ROTH Capital started covering the stock with ‘”a Buy”‘ outlook in a report released in late June.
Analyzing ANY Stock Performance
During the last five days, there has been a surge of approximately 14.71%. Over the course of the year, Sphere 3D Corp shares have dropped approximately -64.76%. Shares of the company reached a 52-week high of $3.9100 on 01/02/24 and a 52-week low of $0.8000 on 05/14/24. A 50-day SMA is recorded $1.1844, while a 200-day SMA reached $1.5496. Nevertheless, trading volume fell to 0.53 million shares from 1.99 million shares the previous day.
Support And Resistance Levels for Sphere 3D Corp (ANY)
According to the 24-hour chart, there is a support level at 1.1067, which, if violated, would cause prices to drop to 1.0433. In the upper region, resistance lies at 1.2467. The next price resistance is at 1.3233. RSI (Relative Strength Index) is 52.11 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.1455, which suggests the price will decrease in the coming days. Percent R is at 50.67%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
