The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Sonida Senior Living Inc shares valued at $72,000 were sold by Harris Benjamin P on Dec 06 ’24. At $24.00 per share, Harris Benjamin P sold 3,000 shares. The insider’s holdings dropped to 8,697 shares worth approximately $0.19 million following the completion of this transaction.
Also, Benjamin P Harris purchased 3,000 shares, netting a total of over 74,760 in proceeds.
Before that, Ribar Brandon had added 4,000 shares to its account. In a trade valued at $90,720, the President & CEO bought Sonida Senior Living Inc shares for $22.68 each. Upon closing the transaction, the insider’s holdings increased to 4,000 shares, worth approximately $6.73 million.
As published in their initiating research note from Morgan Stanley on December 13, 2024, Sonida Senior Living Inc [SNDA] has been an Equal-weight and the price target has been revised to $25.
Analyzing SNDA Stock Performance
During the last five days, there has been a drop of approximately -7.54%. Over the course of the year, Sonida Senior Living Inc shares have dropped approximately -7.54%. Shares of the company reached a 52-week high of $23.55 on 01/02/25 and a 52-week low of $20.67 on 01/08/25. A 50-day SMA is recorded $24.24, while a 200-day SMA reached $27.36. Nevertheless, trading volume fell to 84965.0 shares from 70100.0 shares the previous day.
Support And Resistance Levels for Sonida Senior Living Inc (SNDA)
According to the 24-hour chart, there is a support level at 20.81, which, if violated, would cause prices to drop to 20.27. In the upper region, resistance lies at 21.74. The next price resistance is at 22.13. RSI (Relative Strength Index) is 31.77 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.14, which suggests the price will decrease in the coming days. Percent R is at 83.37%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
