In a filing, Smith Micro Software, Inc revealed its VP, CFO and Treasurer Kempton James M unloaded Company’s shares for reported $345.0 on Dec 16 ’24. In the deal valued at $0.79 per share,437 shares were sold. As a result of this transaction, Kempton James M now holds 70,329 shares worth roughly $79471.76999999999.
Then, Kempton James M bought 437 shares, generating $345 in total proceeds.
Before that, SMITH WILLIAM W JR sold 7,066 shares. Smith Micro Software, Inc shares valued at $5,512 were divested by the President & CEO at a price of $0.78 per share. As a result of the transaction, SMITH WILLIAM W JR now holds 3,194,533 shares, worth roughly $3.61 million.
The Benchmark Company initiated its Smith Micro Software, Inc [SMSI] rating to a Buy in a research note published on November 29, 2022; the price target was $5. A number of analysts have revised their coverage, including Dawson James’s analysts, who began to cover the stock in early August with a ‘”a Buy”‘ rating. The Benchmark Company began covering SMSI with “Buy” recommendation on April 27, 2021. Lake Street started covering the stock on October 19, 2020. It rated SMSI as “a Buy”.
Price Performance Review of SMSI
On Friday, Smith Micro Software, Inc [NASDAQ:SMSI] saw its stock unchanged to $1.13. Over the last five days, the stock has lost -16.91%. Smith Micro Software, Inc shares have fallen nearly -13.74% since the year began. Nevertheless, the stocks have fallen -82.30% over the past one year. While a 52-week high of $7.52 was reached on 01/07/25, a 52-week low of $0.52 was recorded on 01/16/25. SMA at 50 days reached $1.0083, while 200 days put it at $1.5345.
Levels Of Support And Resistance For SMSI Stock
The 24-hour chart illustrates a support level at 1.1033, which if violated will result in even more drops to 1.0767. On the upside, there is a resistance level at 1.1633. A further resistance level may holdings at 1.1967. The Relative Strength Index (RSI) on the 14-day chart is 47.52, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.2252, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.11%. Stochastics %K at 8.22% indicates the stock is a buying.
How much short interest is there in Smith Micro Software, Inc?
A steep rise in short interest was recorded in Smith Micro Software, Inc stocks on 2024-10-31, dropping by -0.5 million shares to a total of 0.32 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 0.82 million shares. There was a decline of -156.35%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on July 19, 2019 when B. Riley FBR began covering the stock and recommended ‘”a Buy”‘ rating along with a $5 price target.
