Quantum Corp’s recently made public that its President & CEO Lerner James J unloaded Company’s shares for reported $89592.0 on Jan 16 ’25. In the deal valued at $35.68 per share,2,511 shares were sold. As a result of this transaction, Lerner James J now holds 107,804 shares worth roughly $4.01 million.
Then, Spanjaard Henk Jan sold 935 shares, generating $33,361 in total proceeds. Upon selling the shares at $35.68, the Chief Revenue Officer now owns 14,903 shares.
Before that, Gianella Kenneth P. sold 1,487 shares. Quantum Corp shares valued at $53,056 were divested by the Chief Financial Officer at a price of $35.68 per share. As a result of the transaction, Gianella Kenneth P. now holds 33,681 shares, worth roughly $1.25 million.
Oppenheimer downgraded its Quantum Corp [QMCO] rating to a Perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who decreased its forecast for the stock in early February from “a Buy” to “a Neutral”. Northland Capital began covering QMCO with “an Outperform” recommendation on March 05, 2021. Oppenheimer started covering the stock on March 04, 2021. It rated QMCO as “an Outperform”.
Price Performance Review of QMCO
On Tuesday, Quantum Corp [NASDAQ:QMCO] saw its stock jump 14.11% to $37.20. Over the last five days, the stock has gained 77.99%. Quantum Corp shares have fallen nearly -31.01% since the year began. Nevertheless, the stocks have risen 541.38% over the past one year. While a 52-week high of $90.64 was reached on 01/06/25, a 52-week low of $2.22 was recorded on 01/13/25. SMA at 50 days reached $25.44, while 200 days put it at $11.57.
Levels Of Support And Resistance For QMCO Stock
The 24-hour chart illustrates a support level at 33.33, which if violated will result in even more drops to 29.45. On the upside, there is a resistance level at 39.43. A further resistance level may holdings at 41.65. The Relative Strength Index (RSI) on the 14-day chart is 51.33, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.31, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.26%. Stochastics %K at 24.67% indicates the stock is a holding.
How much short interest is there in Quantum Corp?
A steep rise in short interest was recorded in Quantum Corp stocks on 2024-10-31, dropping by 39636.0 shares to a total of 0.19 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 0.23 million shares. There was a decline of -21.04%, which implies that there is a negative sentiment for the stock.
