Genius Sports Limited’s recent filing unveils that its Officer Davison Jack acquired Company’s shares for reported $0.88 million on Jan 17 ’25. In the deal valued at $8.74 per share,100,388 shares were bought.
Then, Davison Jack bought 8,202 shares, generating $71,617 in total proceeds.
Before that, Stevens Eric bought 13,736 shares. Genius Sports Limited shares valued at $122,157 were divested by the Officer at a price of $8.89 per share.
A number of analysts have revised their coverage, including Goldman’s analysts, who began to cover the stock in mid April with a ‘”a Buy”‘ rating. Macquarie started covering the stock on December 21, 2023. It rated GENI as “an Outperform”.
Price Performance Review of GENI
On Friday, Genius Sports Limited [NYSE:GENI] saw its stock fall -0.68% to $8.70. Over the last five days, the stock has lost -1.14%. Genius Sports Limited shares have risen nearly 0.58% since the year began. Nevertheless, the stocks have risen 59.93% over the past one year. While a 52-week high of $10.33 was reached on 01/15/25, a 52-week low of $4.91 was recorded on 01/02/25. SMA at 50 days reached $8.97, while 200 days put it at $7.01.
Levels Of Support And Resistance For GENI Stock
The 24-hour chart illustrates a support level at 8.58, which if violated will result in even more drops to 8.47. On the upside, there is a resistance level at 8.84. A further resistance level may holdings at 8.99. The Relative Strength Index (RSI) on the 14-day chart is 47.08, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 75.48%. Stochastics %K at 26.24% indicates the stock is a holding.
How much short interest is there in Genius Sports Limited?
A steep rise in short interest was recorded in Genius Sports Limited stocks on 2024-12-31, growing by 4.17 million shares to a total of 30.64 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 26.47 million shares. There was a rise of 13.62%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 12, 2023 when Cantor Fitzgerald began covering the stock and recommended ‘”an Overweight”‘ rating along with a $8 price target.
