Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Widepoint Corp shares valued at $23,091 were sold by Dzyak Todd on Nov 19 ’24. At $4.61 per share, Dzyak Todd sold 5,009 shares. The insider’s holdings dropped to 158,516 shares worth approximately $0.68 million following the completion of this transaction.
Also, Dzyak Todd sold 591 shares, netting a total of over 2,529 in proceeds. Following the sale of shares at $4.28 each, the insider now holds 163,525 shares.
Before that, GEORGE ROBERT J had sold 22,000 shares from its account. In a trade valued at $105,160, the Chief Financial Officer traded Widepoint Corp shares for $4.78 each. Upon closing the transaction, the insider’s holdings decreased to 22,000 shares, worth approximately $0.4 million.
As published in a research note from Craig Hallum on November 10, 2015, Widepoint Corp [WYY] has been rated down from a Buy to a Hold.
Analyzing WYY Stock Performance
During the last five days, there has been a drop of approximately -10.95%. Over the course of the year, Widepoint Corp shares have dropped approximately -10.95%. Shares of the company reached a 52-week high of $5.10 on 01/02/25 and a 52-week low of $4.28 on 01/08/25. A 50-day SMA is recorded $4.63, while a 200-day SMA reached $3.54. Nevertheless, trading volume fell to 54767.0 shares from 82700.0 shares the previous day.
Support And Resistance Levels for Widepoint Corp (WYY)
According to the 24-hour chart, there is a support level at 4.15, which, if violated, would cause prices to drop to 3.98. In the upper region, resistance lies at 4.61. The next price resistance is at 4.90. RSI (Relative Strength Index) is 41.16 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.18, which suggests the price will decrease in the coming days. Percent R is at 71.71%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
