Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. BlackSky Technology Inc shares valued at $4,058 were sold by Gordon Susan M. on Dec 12 ’24. At $10.65 per share, Gordon Susan M. sold 381 shares. The insider’s holdings dropped to 58,551 shares worth approximately $0.68 million following the completion of this transaction.
Also, Abraham Magid M sold 481 shares, netting a total of over 5,123 in proceeds. Following the sale of shares at $10.65 each, the insider now holds 49,009 shares.
Before that, DiDomenico David had sold 671 shares from its account. In a trade valued at $7,146, the Director traded BlackSky Technology Inc shares for $10.65 each. Upon closing the transaction, the insider’s holdings decreased to 671 shares, worth approximately $1.68 million.
As published in a research note from Craig Hallum on October 04, 2024, BlackSky Technology Inc [BKSY] has been rated up from a Hold to a Buy and the price target has been revised to $10. Analysts at Oppenheimer started covering the stock with ‘”an Outperform”‘ outlook in a report released in early October. As of April 03, 2024, H.C. Wainwright has initiated its “Buy” rating for BKSY. Earlier on July 06, 2023, Craig Hallum initiated its rating. Their recommendation was “a Buy” for BKSY stock.
Analyzing BKSY Stock Performance
During the last five days, there has been a surge of approximately 21.77%. Over the course of the year, BlackSky Technology Inc shares have jumped approximately 8.34%. Shares of the company reached a 52-week high of $12.64 on 01/06/25 and a 52-week low of $9.31 on 01/13/25. A 50-day SMA is recorded $10.41, while a 200-day SMA reached $8.71. Nevertheless, trading volume fell to 1.39 million shares from 2.25 million shares the previous day.
Support And Resistance Levels for BlackSky Technology Inc (BKSY)
According to the 24-hour chart, there is a support level at 11.40, which, if violated, would cause prices to drop to 11.11. In the upper region, resistance lies at 12.14. The next price resistance is at 12.59. RSI (Relative Strength Index) is 57.55 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.03, which suggests the price will increase in the coming days. Percent R is at 28.53%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
