OptiNose Inc’s recent filing unveils that its Chief Legal Officer & Corp Sec Marino Michael F III unloaded Company’s shares for reported $2807.0 on Sep 17 ’24. In the deal valued at $0.87 per share,3,226 shares were sold. As a result of this transaction, Marino Michael F III now holds 547,238 shares worth roughly $0.21 million.
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
Then, Mahmoud Ramy A sold 4,881 shares, generating $4,246 in total proceeds. Upon selling the shares at $0.87, the Chief Executive Officer now owns 1,202,097 shares.
Before that, Michael F Marino III bought 3,226 shares. OptiNose Inc shares valued at $2,871 were divested by the Officer at a price of $0.89 per share.
H.C. Wainwright initiated its OptiNose Inc [OPTN] rating to a Buy in a research note published on March 11, 2024; the price target was $5. A number of analysts have revised their coverage, including Lake Street’s analysts, who began to cover the stock in late August with a ‘”a Buy”‘ rating.
Price Performance Review of OPTN
On Monday, OptiNose Inc [NASDAQ:OPTN] saw its stock fall -11.49% to $0.38. Over the last five days, the stock has lost -49.88%. OptiNose Inc shares have fallen nearly -70.16% since the year began. Nevertheless, the stocks have fallen -69.20% over the past one year. While a 52-week high of $2.10 was reached on 03/18/24, a 52-week low of $0.41 was recorded on 11/18/24. SMA at 50 days reached $0.7229, while 200 days put it at $1.0848.
Levels Of Support And Resistance For OPTN Stock
The 24-hour chart illustrates a support level at 0.3605, which if violated will result in even more drops to 0.3359. On the upside, there is a resistance level at 0.4298. A further resistance level may holdings at 0.4745. The Relative Strength Index (RSI) on the 14-day chart is 21.92, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.2050, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.97%. Stochastics %K at 3.48% indicates the stock is a buying.
How much short interest is there in OptiNose Inc?
A steep rise in short interest was recorded in OptiNose Inc stocks on 2024-10-31, growing by 0.14 million shares to a total of 8.57 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 8.43 million shares. There was a rise of 1.68%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 18, 2019 when Cowen began covering the stock and recommended ‘”an Outperform”‘ rating along with a $25 price target.
