Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Innovative Solutions And Support Inc shares valued at $32,630 were purchased by BRESSNER GLEN R on Aug 13 ’24. At $6.53 per share, BRESSNER GLEN R acquired 5,000 shares. The insider’s holdings grew to 123,201 shares worth approximately $1.05 million following the completion of this transaction.
Also, BRESSNER GLEN R purchased 4,000 shares, netting a total of over 27,312 in proceeds. Following the buying of shares at $6.83 each, the insider now holds 128,201 shares.
Before that, BRESSNER GLEN R had added 1,000 shares to its account. In a trade valued at $6,707, the Director bought Innovative Solutions And Support Inc shares for $6.71 each. Upon closing the transaction, the insider’s holdings increased to 1,000 shares, worth approximately $1.06 million.
As published in their initiating research note from Singular Research on April 08, 2014, Innovative Solutions And Support Inc [ISSC] has been a Buy and the price target has been revised to $10. Analysts at C.K. Cooper started covering the stock with ‘”a Hold”‘ outlook in a report released in early May. As of November 20, 2008, Boenning & Scattergood has increased its “Market underperform” rating to a “Market perform” for ISSC. Earlier on November 20, 2008, Northland Securities resumed its rating. Their recommendation was “a Market perform” for ISSC stock.
Analyzing ISSC Stock Performance
During the last five days, there has been a drop of approximately -0.47%. Over the course of the year, Innovative Solutions And Support Inc shares have dropped approximately -0.47%. Shares of the company reached a 52-week high of $8.95 on 01/02/25 and a 52-week low of $8.31 on 01/08/25. A 50-day SMA is recorded $7.81, while a 200-day SMA reached $6.79. Nevertheless, trading volume fell to 0.15 million shares from 0.19 million shares the previous day.
Support And Resistance Levels for Innovative Solutions And Support Inc (ISSC)
According to the 24-hour chart, there is a support level at 8.34, which, if violated, would cause prices to drop to 8.18. In the upper region, resistance lies at 8.63. The next price resistance is at 8.76. RSI (Relative Strength Index) is 59.83 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.16, which suggests the price will decrease in the coming days. Percent R is at 28.98%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
