Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Smith Micro Software, Inc shares valued at $345 were sold by Kempton James M on Dec 16 ’24. At $0.79 per share, Kempton James M sold 437 shares. The insider’s holdings dropped to 70,329 shares worth approximately $0.11 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, Kempton James M purchased 437 shares, netting a total of over 345 in proceeds.
Before that, SMITH WILLIAM W JR had sold 7,066 shares from its account. In a trade valued at $5,512, the President & CEO traded Smith Micro Software, Inc shares for $0.78 each. Upon closing the transaction, the insider’s holdings decreased to 7,066 shares, worth approximately $5.18 million.
As published in their initiating research note from The Benchmark Company on November 29, 2022, Smith Micro Software, Inc [SMSI] has been a Buy and the price target has been revised to $5. Analysts at Dawson James started covering the stock with ‘”a Buy”‘ outlook in a report released in early August. As of April 27, 2021, The Benchmark Company has initiated its “Buy” rating for SMSI. Earlier on October 19, 2020, Lake Street initiated its rating. Their recommendation was “a Buy” for SMSI stock.
Analyzing SMSI Stock Performance
During the last five days, there has been a surge of approximately 68.19%. Over the course of the year, Smith Micro Software, Inc shares have dropped approximately -75.48%. Shares of the company reached a 52-week high of $7.5200 on 01/31/24 and a 52-week low of $0.5201 on 09/16/24. A 50-day SMA is recorded $0.8660, while a 200-day SMA reached $1.6329. Nevertheless, trading volume fell to 1.46 million shares from 1.7 million shares the previous day.
Support And Resistance Levels for Smith Micro Software, Inc (SMSI)
According to the 24-hour chart, there is a support level at 1.3900, which, if violated, would cause prices to drop to 1.1600. In the upper region, resistance lies at 1.7400. The next price resistance is at 1.8600. RSI (Relative Strength Index) is 83.91 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.4239, which suggests the price will decrease in the coming days. Percent R is at 1.05%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
