NextNav Inc’s filing revealed that its 10% Owner SAMBERG JOSEPH D acquired Company’s shares for reported $0.64 million on Jun 24 ’24. In the deal valued at $7.83 per share,81,200 shares were bought. As a result of this transaction, SAMBERG JOSEPH D now holds 10,000,200 shares worth roughly $74.5 million.
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Then, SAMBERG JOSEPH D bought 53,000 shares, generating $393,414 in total proceeds. Upon buying the shares at $7.42, the 10% Owner now owns 9,925,600 shares.
Before that, SAMBERG JOSEPH D bought 181,000 shares. NextNav Inc shares valued at $1,322,042 were divested by the 10% Owner at a price of $7.30 per share. As a result of the transaction, SAMBERG JOSEPH D now holds 9,881,450 shares, worth roughly $73.62 million.
Oppenheimer downgraded its NextNav Inc [NN] rating to a Perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including R. F. Lafferty’s analysts, who began to cover the stock in early January with a ‘”a Buy”‘ rating.
Price Performance Review of NN
On Friday, NextNav Inc [NASDAQ:NN] saw its stock fall -4.73% to $7.45. Over the last five days, the stock has lost -10.78%. NextNav Inc shares have risen nearly 67.42% since the year began. Nevertheless, the stocks have risen 136.51% over the past one year. While a 52-week high of $9.50 was reached on 07/16/24, a 52-week low of $3.12 was recorded on 03/07/24. SMA at 50 days reached $8.00, while 200 days put it at $6.00. A total of 0.72 million shares were traded, compared to the trading of 0.52 million shares in the previous session.
Levels Of Support And Resistance For NN Stock
The 24-hour chart illustrates a support level at 7.20, which if violated will result in even more drops to 6.96. On the upside, there is a resistance level at 7.66. A further resistance level may holdings at 7.88. The Relative Strength Index (RSI) on the 14-day chart is 39.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.46, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.98%. Stochastics%K at 13.04% indicates the stock is a buying.
