Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. OptiNose Inc shares valued at $2,807 were sold by Marino Michael F III on Sep 17 ’24. At $0.87 per share, Marino Michael F III sold 3,226 shares. The insider’s holdings dropped to 547,238 shares worth approximately $0.38 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, Mahmoud Ramy A sold 4,881 shares, netting a total of over 4,246 in proceeds. Following the sale of shares at $0.87 each, the insider now holds 1,202,097 shares.
Before that, Michael F Marino III had added 3,226 shares to its account. In a trade valued at $2,871, the Officer bought OptiNose Inc shares for $0.89 each.
As published in their initiating research note from H.C. Wainwright on March 11, 2024, OptiNose Inc [OPTN] has been a Buy and the price target has been revised to $5. Analysts at Lake Street started covering the stock with ‘”a Buy”‘ outlook in a report released in late August.
Analyzing OPTN Stock Performance
During the last five days, there has been a drop of approximately -8.94%. Over the course of the year, OptiNose Inc shares have dropped approximately -45.47%. Shares of the company reached a 52-week high of $2.1000 on 03/18/24 and a 52-week low of $0.6500 on 10/11/24. A 50-day SMA is recorded $0.8161, while a 200-day SMA reached $1.1324. Nevertheless, trading volume fell to 0.59 million shares from 0.11 million shares the previous day.
Support And Resistance Levels for OptiNose Inc (OPTN)
According to the 24-hour chart, there is a support level at 0.6775, which, if violated, would cause prices to drop to 0.6516. In the upper region, resistance lies at 0.7431. The next price resistance is at 0.7828. RSI (Relative Strength Index) is 40.51 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0065, which suggests the price will decrease in the coming days. Percent R is at 66.56%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
