Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Sphere 3D Corp shares valued at $10,450 were sold by Kalbfleisch Kurt L. on Aug 29 ’24. At $0.95 per share, Kalbfleisch Kurt L. sold 11,000 shares. The insider’s holdings dropped to 136,515 shares worth approximately $0.14 million following the completion of this transaction.
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Also, KURT LE ROY KALBFLEISCH purchased 11,000 shares, netting a total of over 10,450 in proceeds.
Before that, Trompeter Patricia had sold 120,000 shares from its account. In a trade valued at $143,760, the CEO traded Sphere 3D Corp shares for $1.20 each. Upon closing the transaction, the insider’s holdings decreased to 120,000 shares, worth approximately $0.45 million.
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 5.44%. Over the course of the year, Sphere 3D Corp shares have dropped approximately -68.67%. Shares of the company reached a 52-week high of $3.9100 on 01/02/24 and a 52-week low of $0.6710 on 09/09/24. A 50-day SMA is recorded $0.9005, while a 200-day SMA reached $1.2870. Nevertheless, trading volume fell to 0.65 million shares from 0.54 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 0.9907, which, if violated, would cause prices to drop to 0.9414. In the upper region, resistance lies at 1.0897. The next price resistance is at 1.1394. RSI (Relative Strength Index) is 60.77 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.1155, which suggests the price will decrease in the coming days. Percent R is at 27.71%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.