Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. NAPCO Security Technologies Inc shares valued at $44,754 were sold by BEEBER PAUL STEPHEN on Jun 18 ’24. At $52.04 per share, BEEBER PAUL STEPHEN sold 860 shares. The insider’s holdings dropped to 2,540 shares worth approximately $0.14 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, SOLOWAY RICHARD sold 250,000 shares, netting a total of over 11,050,450 in proceeds. Following the sale of shares at $44.20 each, the insider now holds 1,406,010 shares.
Before that, SOLOWAY RICHARD had sold 50,000 shares from its account. In a trade valued at $2,037,500, the Pres, CEO, Chairman, Secy traded NAPCO Security Technologies Inc shares for $40.75 each. Upon closing the transaction, the insider’s holdings decreased to 50,000 shares, worth approximately $88.63 million.
As published in their initiating research note from TD Cowen on May 28, 2024, NAPCO Security Technologies Inc [NSSC] has been a Buy and the price target has been revised to $60. As of April 26, 2024, DA Davidson has initiated its “Buy” rating for NSSC. Earlier on February 06, 2024, Imperial Capital downgraded its rating. Their new recommendation was “an In-line” for NSSC stock which previously was a “an Outperform”.
Analyzing NSSC Stock Performance
During the last five days, there has been a surge of approximately 4.90%. Over the course of the year, NAPCO Security Technologies Inc shares have jumped approximately 56.26%. Shares of the company reached a 52-week high of $54.66 on 07/03/24 and a 52-week low of $31.27 on 01/16/24. A 50-day SMA is recorded $48.14, while a 200-day SMA reached $36.68. Nevertheless, trading volume fell to 0.14 million shares from 0.28 million shares the previous day.
Support And Resistance Levels for NAPCO Security Technologies Inc (NSSC)
According to the 24-hour chart, there is a support level at 53.34, which, if violated, would cause prices to drop to 52.61. In the upper region, resistance lies at 54.72. The next price resistance is at 55.39. RSI (Relative Strength Index) is 64.27 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.49, which suggests the price will increase in the coming days. Percent R is at 11.04%, indicating bullish price movement. Stochastics%K at selling indicates that the stock is to be held.
