Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. MSP Recovery Inc shares valued at $65,717 were sold by Palantir Technologies Inc. on Nov 06 ’24. At $0.13 per share, Palantir Technologies Inc. sold 506,296 shares. The insider’s holdings dropped to 2,985,381 shares worth approximately $6.6 million following the completion of this transaction.
Also, Palantir Technologies Inc. sold 340,300 shares, netting a total of over 37,331 in proceeds. Following the sale of shares at $0.11 each, the insider now holds 3,491,677 shares.
Before that, Palantir Technologies Inc. had sold 111,760 shares from its account. In a trade valued at $11,299, the Former 10% Owner traded MSP Recovery Inc shares for $0.10 each. Upon closing the transaction, the insider’s holdings decreased to 111,760 shares, worth approximately $8.47 million.
Analyzing MSPR Stock Performance
During the last five days, there has been a drop of approximately -2.64%. Over the course of the year, MSP Recovery Inc shares have dropped approximately -2.64%. Shares of the company reached a 52-week high of $2.50 on 01/07/25 and a 52-week low of $2.17 on 01/08/25. A 50-day SMA is recorded $2.19, while a 200-day SMA reached $10.16. Nevertheless, trading volume fell to 72841.0 shares from 0.13 million shares the previous day.
Support And Resistance Levels for MSP Recovery Inc (MSPR)
According to the 24-hour chart, there is a support level at 2.11, which, if violated, would cause prices to drop to 2.01. In the upper region, resistance lies at 2.37. The next price resistance is at 2.53. RSI (Relative Strength Index) is 51.36 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.22, which suggests the price will decrease in the coming days. Percent R is at 34.12%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
