KD Logo

CION Invt Corp [CION] Chief Legal Officer makes an insider acquire of 403 shares worth 5,005.

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. CION Invt Corp shares valued at $5,005 were purchased by Pinero Eric A. on May 28 ’24. At $12.42 per share, Pinero Eric A. acquired 403 shares. The insider’s holdings grew to 7,539 shares worth approximately $93106.65 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, ROMAN STEPHEN purchased 400 shares, netting a total of over 4,964 in proceeds. Following the buying of shares at $12.41 each, the insider now holds 9,546 shares.

Before that, BRESNER GREGG A. had added 2,000 shares to its account. In a trade valued at $25,020, the President & CIO bought CION Invt Corp shares for $12.51 each. Upon closing the transaction, the insider’s holdings increased to 2,000 shares, worth approximately $0.64 million.

As published in their initiating research note from Hovde Group on June 20, 2023, CION Invt Corp [CION] has been a Market perform and the price target has been revised to $11.50. Analysts at Wells Fargo downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal weight”‘ outlook in a report released in mid April. As of July 25, 2022, Wells Fargo has increased its “an Equal weight” rating to a “an Overweight” for CION. Earlier on November 01, 2021, Wells Fargo initiated its rating. Their recommendation was “an Equal weight” for CION stock.

Analyzing CION Stock Performance

During the last five days, there has been a surge of approximately 2.49%. Over the course of the year, CION Invt Corp shares have jumped approximately 9.65%. Shares of the company reached a 52-week high of $12.69 on 05/15/24 and a 52-week low of $10.52 on 03/22/24. A 50-day SMA is recorded $12.08, while a 200-day SMA reached $11.15.

Support And Resistance Levels for CION Invt Corp (CION)

According to the 24-hour chart, there is a support level at 12.25, which, if violated, would cause prices to drop to 12.16. In the upper region, resistance lies at 12.43. The next price resistance is at 12.52. RSI (Relative Strength Index) is 59.21 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.04, which suggests the price will decrease in the coming days. Percent R is at 29.63%, indicating bullish price movement. Stochastics%K at holding indicates that the stock is to be held.

Most Popular