Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Genasys Inc shares valued at $43,267 were purchased by Dodd William H on Dec 11 ’24. At $2.65 per share, Dodd William H acquired 16,327 shares. The insider’s holdings grew to 59,159 shares worth approximately $0.17 million following the completion of this transaction.
Also, Osgood Richard Hoe III purchased 100,000 shares, netting a total of over 264,000 in proceeds. Following the buying of shares at $2.64 each, the insider now holds 507,883 shares.
Before that, AWM Investment Company, Inc. had sold 71,225 shares from its account. In a trade valued at $261,424, the 10% Owner traded Genasys Inc shares for $3.67 each. Upon closing the transaction, the insider’s holdings decreased to 71,225 shares, worth approximately $16.07 million.
As published in their initiating research note from Stephens on November 16, 2021, Genasys Inc [GNSS] has been an Overweight and the price target has been revised to $8.
Analyzing GNSS Stock Performance
During the last five days, there has been a surge of approximately 8.85%. Over the course of the year, Genasys Inc shares have jumped approximately 8.85%. Shares of the company reached a 52-week high of $2.94 on 01/07/25 and a 52-week low of $2.58 on 01/02/25. A 50-day SMA is recorded $3.34, while a 200-day SMA reached $2.79. Nevertheless, trading volume fell to 0.13 million shares from 0.16 million shares the previous day.
Support And Resistance Levels for Genasys Inc (GNSS)
According to the 24-hour chart, there is a support level at 2.74, which, if violated, would cause prices to drop to 2.65. In the upper region, resistance lies at 2.88. The next price resistance is at 2.93. RSI (Relative Strength Index) is 45.15 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.17, which suggests the price will decrease in the coming days. Percent R is at 19.47%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
