Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Spok Holdings Inc shares valued at $191,382 were sold by WALLACE MICHAEL W on Nov 19 ’24. At $15.95 per share, WALLACE MICHAEL W sold 12,000 shares. The insider’s holdings dropped to 37,465 shares worth approximately $0.58 million following the completion of this transaction.
Also, WALLACE MICHAEL W purchased 12,000 shares, netting a total of over 194,400 in proceeds.
Before that, Stein Todd J had sold 900 shares from its account. In a trade valued at $15,385, the Director traded Spok Holdings Inc shares for $17.09 each. Upon closing the transaction, the insider’s holdings decreased to 900 shares, worth approximately $10.76 million.
As published in their initiating research note from B. Riley Securities on September 26, 2024, Spok Holdings Inc [SPOK] has been a Neutral and the price target has been revised to $15. As of September 23, 2022, Lake Street has initiated its “Buy” rating for SPOK.
Analyzing SPOK Stock Performance
During the last five days, there has been a drop of approximately -2.74%. Over the course of the year, Spok Holdings Inc shares have dropped approximately -2.74%. Shares of the company reached a 52-week high of $16.25 on 01/02/25 and a 52-week low of $15.39 on 01/08/25. A 50-day SMA is recorded $16.22, while a 200-day SMA reached $15.40. Nevertheless, trading volume fell to 69640.0 shares from 74700.0 shares the previous day.
Support And Resistance Levels for Spok Holdings Inc (SPOK)
According to the 24-hour chart, there is a support level at 15.45, which, if violated, would cause prices to drop to 15.30. In the upper region, resistance lies at 15.70. The next price resistance is at 15.80. RSI (Relative Strength Index) is 39.57 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.33, which suggests the price will decrease in the coming days. Percent R is at 85.71%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
