Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Beneficient shares valued at $69,500 were purchased by CANGANY PETER T JR on Nov 19 ’24. At $0.93 per share, CANGANY PETER T JR acquired 75,000 shares. The insider’s holdings grew to 300,000 shares worth approximately $0.25 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, GWG Wind Down Trust sold 188,292 shares, netting a total of over 337,043 in proceeds. Following the sale of shares at $1.79 each, the insider now holds 348,183 shares.
Before that, Rutledge Maria S. had added 900 shares to its account. In a trade valued at $999, the Chief Technology Officer bought Beneficient shares for $1.11 each. Upon closing the transaction, the insider’s holdings increased to 900 shares, worth approximately $2082.7999999999997.
Analyzing BENF Stock Performance
During the last five days, there has been a drop of approximately -34.08%. Over the course of the year, Beneficient shares have dropped approximately -97.88%. Shares of the company reached a 52-week high of $40.8160 on 01/02/24 and a 52-week low of $0.7200 on 11/20/24. A 50-day SMA is recorded $1.2718, while a 200-day SMA reached $4.4667. Nevertheless, trading volume fell to 0.91 million shares from 0.96 million shares the previous day.
Support And Resistance Levels for Beneficient (BENF)
According to the 24-hour chart, there is a support level at 0.7360, which, if violated, would cause prices to drop to 0.6481. In the upper region, resistance lies at 0.8959. The next price resistance is at 0.9679. RSI (Relative Strength Index) is 25.59 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.2989, which suggests the price will decrease in the coming days. Percent R is at 93.66%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
