In a filing, Aviat Networks Inc revealed its Director Akkaraju Laxmi acquired Company’s shares for reported $14265.0 on Nov 27 ’24. In the deal valued at $15.85 per share,900 shares were bought. As a result of this transaction, Akkaraju Laxmi now holds 13,285 shares worth roughly $0.22 million.
Then, Klein Michele bought 1,400 shares, generating $19,530 in total proceeds. Upon buying the shares at $13.95, the Director now owns 22,561 shares.
Before that, Connaway Michael bought 3,500 shares. Aviat Networks Inc shares valued at $49,455 were divested by the SVP & Chief Financial Officer at a price of $14.13 per share. As a result of the transaction, Connaway Michael now holds 57,893 shares, worth roughly $0.98 million.
Lake Street initiated its Aviat Networks Inc [AVNW] rating to a Buy in a research note published on June 06, 2023; the price target was $51. A number of analysts have revised their coverage, including JMP Securities’s analysts, who began to cover the stock in early September with a ‘”a Mkt outperform”‘ rating. ROTH Capital began covering AVNW with “Buy” recommendation on August 24, 2021. B. Riley Securities started covering the stock on July 22, 2021. It rated AVNW as “a Buy”.
Price Performance Review of AVNW
On Friday, Aviat Networks Inc [NASDAQ:AVNW] saw its stock jump 0.96% to $16.85. Over the last five days, the stock has lost -7.01%. Aviat Networks Inc shares have fallen nearly -48.41% since the year began. Nevertheless, the stocks have fallen -47.00% over the past one year. While a 52-week high of $38.85 was reached on 04/01/24, a 52-week low of $12.95 was recorded on 11/07/24. SMA at 50 days reached $17.98, while 200 days put it at $26.59.
Levels Of Support And Resistance For AVNW Stock
The 24-hour chart illustrates a support level at 16.51, which if violated will result in even more drops to 16.17. On the upside, there is a resistance level at 17.22. A further resistance level may holdings at 17.60. The Relative Strength Index (RSI) on the 14-day chart is 46.97, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.60, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 69.02%. Stochastics %K at 36.09% indicates the stock is a holding.
How much short interest is there in Aviat Networks Inc?
A steep rise in short interest was recorded in Aviat Networks Inc stocks on 2024-11-29, growing by 37731.0 shares to a total of 0.52 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.48 million shares. There was a rise of 7.31%, which implies that there is a positive sentiment for the stock.
