Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Volato Group Inc shares valued at $119,525 were sold by Cooper Nicholas James on Dec 30 ’24. At $0.26 per share, Cooper Nicholas James sold 459,005 shares. The insider’s holdings dropped to 3,353,560 shares worth approximately $0.84 million following the completion of this transaction.
Also, Hoop Capital, LLC purchased 459,005 shares, netting a total of over 0 in proceeds.
Before that, Prachar Michael Patrick had added 1,235 shares to its account. In a trade valued at $988, the Chief Operating Officer bought Volato Group Inc shares for $0.80 each. Upon closing the transaction, the insider’s holdings increased to 1,235 shares, worth approximately $308.75.
Analyzing SOAR Stock Performance
During the last five days, there has been a surge of approximately 3.24%. Over the course of the year, Volato Group Inc shares have dropped approximately -93.51%. Shares of the company reached a 52-week high of $4.5000 on 03/15/24 and a 52-week low of $0.1710 on 11/14/24. A 50-day SMA is recorded $0.2640, while a 200-day SMA reached $0.9071. Nevertheless, trading volume fell to 1.98 million shares from 1.85 million shares the previous day.
Support And Resistance Levels for Volato Group Inc (SOAR)
According to the 24-hour chart, there is a support level at 0.2355, which, if violated, would cause prices to drop to 0.2260. In the upper region, resistance lies at 0.2617. The next price resistance is at 0.2784. RSI (Relative Strength Index) is 47.02 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.0031, which suggests the price will decrease in the coming days. Percent R is at 73.00%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
