The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Sacks Parente Golf Inc shares valued at $9,000 were purchased by CAMPBELL GREGOR ALASDAIR on Dec 30 ’24. At $0.36 per share, CAMPBELL GREGOR ALASDAIR acquired 25,000 shares. The insider’s holdings grew to 103,337 shares worth approximately $38234.69 following the completion of this transaction.
Also, Hoge Brett Widney purchased 25,000 shares, netting a total of over 30,000 in proceeds. Following the buying of shares at $1.20 each, the insider now holds 211,014 shares.
Before that, CAMPBELL GREGOR ALASDAIR had added 26,000 shares to its account. In a trade valued at $9,360, the Executive Chairman bought Sacks Parente Golf Inc shares for $0.36 each. Upon closing the transaction, the insider’s holdings increased to 26,000 shares, worth approximately $28984.69.
Analyzing SPGC Stock Performance
During the last five days, there has been a drop of approximately -11.15%. Over the course of the year, Sacks Parente Golf Inc shares have dropped approximately -11.15%. Shares of the company reached a 52-week high of $0.6199 on 01/03/25 and a 52-week low of $0.3100 on 01/08/25. A 50-day SMA is recorded $1.2247, while a 200-day SMA reached $3.5188. Nevertheless, trading volume fell to 1.46 million shares from 0.85 million shares the previous day.
Support And Resistance Levels for Sacks Parente Golf Inc (SPGC)
According to the 24-hour chart, there is a support level at 0.3154, which, if violated, would cause prices to drop to 0.2577. In the upper region, resistance lies at 0.4254. The next price resistance is at 0.4777. RSI (Relative Strength Index) is 29.08 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.0456, which suggests the price will decrease in the coming days. Percent R is at 74.81%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
