OptiNose Inc’s filing revealed that its Chief Legal Officer & Corp Sec Marino Michael F III unloaded Company’s shares for reported $1342.0 on Dec 17 ’24. In the deal valued at $0.44 per share,3,050 shares were sold. As a result of this transaction, Marino Michael F III now holds 544,188 shares worth roughly $3.47 million.
Then, Mahmoud Ramy A sold 4,614 shares, generating $2,030 in total proceeds. Upon selling the shares at $0.44, the Chief Executive Officer now owns 1,197,483 shares.
Before that, Michael F. Marino III bought 3,304 shares. OptiNose Inc shares valued at $1,487 were divested by the Officer at a price of $0.45 per share.
H.C. Wainwright reiterated its OptiNose Inc [OPTN] rating to a Buy in a research note published on January 03, 2025; the price target was $18. A number of analysts have revised their coverage, including H.C. Wainwright’s analysts, who began to cover the stock in mid March with a ‘”a Buy”‘ rating. Lake Street began covering OPTN with “Buy” recommendation on August 21, 2023.
Price Performance Review of OPTN
On Friday, OptiNose Inc [NASDAQ:OPTN] saw its stock jump 5.80% to $6.38. Over the last five days, the stock has gained 20.49%. OptiNose Inc shares have fallen nearly -4.49% since the year began. Nevertheless, the stocks have fallen -67.28% over the past one year. While a 52-week high of $31.50 was reached on 01/02/25, a 52-week low of $4.82 was recorded on 01/14/25. SMA at 50 days reached $7.15, while 200 days put it at $12.87.
Levels Of Support And Resistance For OPTN Stock
The 24-hour chart illustrates a support level at 6.04, which if violated will result in even more drops to 5.71. On the upside, there is a resistance level at 6.68. A further resistance level may holdings at 6.99. The Relative Strength Index (RSI) on the 14-day chart is 49.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 28.92%. Stochastics %K at 59.15% indicates the stock is a holding.
How much short interest is there in OptiNose Inc?
A steep rise in short interest was recorded in OptiNose Inc stocks on 2024-12-31, dropping by -0.19 million shares to a total of 0.3 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.49 million shares. There was a decline of -61.06%, which implies that there is a negative sentiment for the stock.