The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Dnow Inc shares valued at $396,717 were purchased by Paul & Belinda Coppinger Trust on Dec 02 ’24. At $15.15 per share, Paul & Belinda Coppinger Trust acquired 26,186 shares.
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, COPPINGER PAUL M sold 26,186 shares, netting a total of over 401,955 in proceeds. Following the sale of shares at $15.35 each, the insider now holds 56,568 shares.
Before that, Surratt Fanny R. had sold 3,500 shares from its account. In a trade valued at $44,310, the insider traded Dnow Inc shares for $12.66 each. Upon closing the transaction, the insider’s holdings decreased to 3,500 shares, worth approximately $0.66 million.
As published in their initiating research note from The Benchmark Company on July 08, 2022, Dnow Inc [DNOW] has been a Buy and the price target has been revised to $13. Analysts at Stephens upgraded the stock from ‘”an Equal-weight”‘ to ‘”an Overweight”‘ outlook in a report released in early November. As of July 16, 2021, Stifel has increased its “Hold” rating to a “Buy” for DNOW. Earlier on February 19, 2021, JP Morgan downgraded its rating. Their new recommendation was “an Underweight” for DNOW stock which previously was a “a Neutral”.
Analyzing DNOW Stock Performance
During the last five days, there has been a surge of approximately 0.33%. Over the course of the year, Dnow Inc shares have jumped approximately 34.01%. Shares of the company reached a 52-week high of $15.65 on 07/31/24 and a 52-week low of $9.44 on 02/13/24. A 50-day SMA is recorded $13.29, while a 200-day SMA reached $13.72. Nevertheless, trading volume fell to 0.65 million shares from 0.72 million shares the previous day.
Support And Resistance Levels for Dnow Inc (DNOW)
According to the 24-hour chart, there is a support level at 14.98, which, if violated, would cause prices to drop to 14.78. In the upper region, resistance lies at 15.30. The next price resistance is at 15.42. RSI (Relative Strength Index) is 72.09 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.34, which suggests the price will decrease in the coming days. Percent R is at 19.84%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
