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Recent Insider Activity Could Benefit Venus Concept Inc (VERO)

Venus Concept Inc’s filing revealed that its 10% Owner Masters Michael Willingham unloaded Company’s shares for reported $83455.0 on Oct 01 ’24. In the deal valued at $0.60 per share,140,214 shares were sold. As a result of this transaction, Masters Michael Willingham now holds 19,203 shares worth roughly $11137.74.

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Then, Masters Michael Willingham sold 94,553 shares, generating $50,160 in total proceeds. Upon selling the shares at $0.53, the 10% Owner now owns 17,059 shares.

Before that, Masters Michael Willingham sold 71,368 shares. Venus Concept Inc shares valued at $46,025 were divested by the 10% Owner at a price of $0.64 per share. As a result of the transaction, Masters Michael Willingham now holds 22,383 shares, worth roughly $12982.14.

Stifel initiated its Venus Concept Inc [VERO] rating to a Hold in a research note published on December 09, 2020; the price target was $2.50. A number of analysts have revised their coverage, including Ladenburg Thalmann’s analysts, who began to cover the stock in mid October with a ‘”a Buy”‘ rating. BTIG Research began covering VERO with “Buy” recommendation on July 06, 2020. Oppenheimer revised its rating on March 31, 2020. It rated VERO as “a Perform” which previously was an “an Outperform”.

Price Performance Review of VERO

On Tuesday, Venus Concept Inc [NASDAQ:VERO] saw its stock jump 26.22% to $0.58. Over the last five days, the stock has gained 19.84%. Venus Concept Inc shares have fallen nearly -50.44% since the year began. Nevertheless, the stocks have fallen -72.35% over the past one year. While a 52-week high of $2.43 was reached on 02/22/24, a 52-week low of $0.40 was recorded on 10/09/24. SMA at 50 days reached $0.5557, while 200 days put it at $0.7629.

Levels Of Support And Resistance For VERO Stock

The 24-hour chart illustrates a support level at 0.4903, which if violated will result in even more drops to 0.3957. On the upside, there is a resistance level at 0.6640. A further resistance level may holdings at 0.7431. The Relative Strength Index (RSI) on the 14-day chart is 55.85, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0404, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 25.66%. Stochastics %K at 48.32% indicates the stock is a holding.

How much short interest is there in Venus Concept Inc?

A steep rise in short interest was recorded in Venus Concept Inc stocks on 2024-09-30, growing by 0.8 million shares to a total of 0.81 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 13057.0 shares. There was a rise of 98.39%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on January 10, 2020 when Oppenheimer began covering the stock and recommended ‘”an Outperform”‘ rating.

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