KD Logo

A company insider recently sold 598,653 shares of National Research Corp [NRC]. Should You Sale?

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. National Research Corp shares valued at $24,269,393 were sold by Common Property Trust on Mar 01 ’24. At $40.54 per share, Common Property Trust sold 598,653 shares. The insider’s holdings dropped to 3,854,284 shares worth approximately $89.11 million following the completion of this transaction.

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

Also, Amandla MK Trust sold 2,614 shares, netting a total of over 105,092 in proceeds. Following the sale of shares at $40.20 each, the insider now holds 3,831,362 shares.

Before that, Amandla MK Trust had sold 4,600 shares from its account. In a trade valued at $189,617, the 10% Owner traded National Research Corp shares for $41.22 each. Upon closing the transaction, the insider’s holdings decreased to 4,600 shares, worth approximately $88.64 million.

Analyzing NRC Stock Performance

During the last five days, there has been a surge of approximately 0.52%. Over the course of the year, National Research Corp shares have dropped approximately -41.56%. Shares of the company reached a 52-week high of $42.18 on 01/03/24 and a 52-week low of $22.47 on 07/01/24. A 50-day SMA is recorded $28.87, while a 200-day SMA reached $37.59. Nevertheless, trading volume fell to 0.13 million shares from 0.16 million shares the previous day.

Support And Resistance Levels for National Research Corp (NRC)

According to the 24-hour chart, there is a support level at 22.68, which, if violated, would cause prices to drop to 22.42. In the upper region, resistance lies at 23.24. The next price resistance is at 23.54. RSI (Relative Strength Index) is 21.23 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.18, which suggests the price will decrease in the coming days. Percent R is at 86.38%, indicating bearish price movement. Stochastics%K at buying indicates that the stock is to be held.

Most Popular