Innovative Solutions And Support Inc’s recent filing unveils that its Director BRESSNER GLEN R acquired Company’s shares for reported $32630.0 on Aug 13 ’24. In the deal valued at $6.53 per share,5,000 shares were bought. As a result of this transaction, BRESSNER GLEN R now holds 123,201 shares worth roughly $1.05 million.
Then, BRESSNER GLEN R bought 4,000 shares, generating $27,312 in total proceeds. Upon buying the shares at $6.83, the Director now owns 128,201 shares.
Before that, BRESSNER GLEN R bought 1,000 shares. Innovative Solutions And Support Inc shares valued at $6,707 were divested by the Director at a price of $6.71 per share. As a result of the transaction, BRESSNER GLEN R now holds 124,201 shares, worth roughly $1.06 million.
Singular Research initiated its Innovative Solutions And Support Inc [ISSC] rating to a Buy in a research note published on April 08, 2014; the price target was $10. A number of analysts have revised their coverage, including C.K. Cooper’s analysts, who began to cover the stock in early May with a ‘”a Hold”‘ rating. Boenning & Scattergood also remained covering ISSC and has increased its forecast on November 20, 2008 with a “Market perform” recommendation from previously “Market underperform” rating. Northland Securities maintained its rating on November 20, 2008. It rated ISSC as “a Market perform”.
Price Performance Review of ISSC
On Tuesday, Innovative Solutions And Support Inc [NASDAQ:ISSC] saw its stock fall -0.12% to $8.54. Over the last five days, the stock has gained 6.75%. Innovative Solutions And Support Inc shares have risen nearly 0.12% since the year began. Nevertheless, the stocks have risen 0.12% over the past one year. While a 52-week high of $8.97 was reached on 12/26/24, a 52-week low of $4.91 was recorded on 05/23/24. SMA at 50 days reached $7.67, while 200 days put it at $6.77.
Levels Of Support And Resistance For ISSC Stock
The 24-hour chart illustrates a support level at 8.38, which if violated will result in even more drops to 8.21. On the upside, there is a resistance level at 8.83. A further resistance level may holdings at 9.11. The Relative Strength Index (RSI) on the 14-day chart is 63.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.56, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 26.49%. Stochastics %K at 78.08% indicates the stock is a holding.
How much short interest is there in Innovative Solutions And Support Inc?
A steep rise in short interest was recorded in Innovative Solutions And Support Inc stocks on 2024-11-29, dropping by 1269.0 shares to a total of 29575.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 30844.0 shares. There was a decline of -4.29%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on November 20, 2008 when Jesup & Lamont resumed its ‘”a Hold”‘ rating for the stock.
