Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Bitcoin Depot Inc shares valued at $376,488 were sold by Mintz Brandon Taylor on Nov 11 ’24. At $3.01 per share, Mintz Brandon Taylor sold 125,000 shares. The insider’s holdings dropped to 254,248 shares worth approximately $0.48 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, Mintz Brandon Taylor sold 18,196 shares, netting a total of over 27,294 in proceeds. Following the sale of shares at $1.50 each, the insider now holds 379,248 shares.
Before that, Mintz Brandon Taylor had sold 6,804 shares from its account. In a trade valued at $10,206, the Chief Executive Officer traded Bitcoin Depot Inc shares for $1.50 each. Upon closing the transaction, the insider’s holdings decreased to 6,804 shares, worth approximately $0.75 million.
As published in their initiating research note from Northland Capital on December 20, 2023, Bitcoin Depot Inc [BTM] has been a Market perform and the price target has been revised to $3.50.
Analyzing BTM Stock Performance
During the last five days, there has been a drop of approximately -22.63%. Over the course of the year, Bitcoin Depot Inc shares have dropped approximately -41.80%. Shares of the company reached a 52-week high of $3.5200 on 11/11/24 and a 52-week low of $1.3300 on 08/05/24. A 50-day SMA is recorded $1.6588, while a 200-day SMA reached $1.8462. Nevertheless, trading volume fell to 1.08 million shares from 1.16 million shares the previous day.
Support And Resistance Levels for Bitcoin Depot Inc (BTM)
According to the 24-hour chart, there is a support level at 1.7900, which, if violated, would cause prices to drop to 1.7000. In the upper region, resistance lies at 1.9900. The next price resistance is at 2.1000. RSI (Relative Strength Index) is 51.03 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0369, which suggests the price will decrease in the coming days. Percent R is at 79.23%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
