Blade Air Mobility Inc’s recently made public that its Director Love Reginald unloaded Company’s shares for reported $20619.0 on Dec 13 ’24. In the deal valued at $4.05 per share,5,091 shares were sold. As a result of this transaction, Love Reginald now holds 100,363 shares worth roughly $0.49 million.
Then, Borthwick John sold 78,291 shares, generating $313,250 in total proceeds. Upon selling the shares at $4.00, the Director now owns 168,443 shares.
Before that, Borthwick John bought 78,291 shares. Blade Air Mobility Inc shares valued at $297,506 were divested by the Director at a price of $3.80 per share.
Ladenburg Thalmann initiated its Blade Air Mobility Inc [BLDE] rating to a Buy in a research note published on July 18, 2023; the price target was $13. A number of analysts have revised their coverage, including Ladenburg Thalmann’s analysts, who began to cover the stock in mid July with a ‘”a Buy”‘ rating. Oppenheimer began covering BLDE with “an Outperform” recommendation on September 28, 2021. JP Morgan started covering the stock on September 09, 2021. It rated BLDE as “an Overweight”.
Price Performance Review of BLDE
On Monday, Blade Air Mobility Inc [NASDAQ:BLDE] saw its stock jump 2.51% to $4.91. Over the last five days, the stock has gained 11.34%. Blade Air Mobility Inc shares have risen nearly 15.53% since the year began. Nevertheless, the stocks have risen 51.54% over the past one year. While a 52-week high of $5.17 was reached on 01/06/25, a 52-week low of $2.45 was recorded on 01/02/25. SMA at 50 days reached $3.97, while 200 days put it at $3.44.
Levels Of Support And Resistance For BLDE Stock
The 24-hour chart illustrates a support level at 4.78, which if violated will result in even more drops to 4.65. On the upside, there is a resistance level at 5.09. A further resistance level may holdings at 5.27. The Relative Strength Index (RSI) on the 14-day chart is 66.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.40, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 16.79%. Stochastics %K at 78.72% indicates the stock is a holding.
How much short interest is there in Blade Air Mobility Inc?
A steep rise in short interest was recorded in Blade Air Mobility Inc stocks on 2024-12-13, dropping by -0.37 million shares to a total of 3.02 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 3.4 million shares. There was a decline of -12.32%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on September 01, 2021 when Deutsche Bank began covering the stock and recommended ‘”a Buy”‘ rating along with a $15 price target.
