Netgear Inc’s recently made public that its Director WAECHTER THOMAS H unloaded Company’s shares for reported $60840.0 on Dec 18 ’24. In the deal valued at $30.42 per share,2,000 shares were sold. As a result of this transaction, WAECHTER THOMAS H now holds 61,135 shares worth roughly $1.73 million.
Then, THOMAS H WAECHTER bought 2,000 shares, generating $60,840 in total proceeds.
Before that, WAECHTER THOMAS H sold 2,183 shares. Netgear Inc shares valued at $54,575 were divested by the Director at a price of $25.00 per share. As a result of the transaction, WAECHTER THOMAS H now holds 63,135 shares, worth roughly $1.78 million.
BWS Financial downgraded its Netgear Inc [NTGR] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including BWS Financial’s analysts, who increased its forecast for the stock in late July from “a Neutral” to “a Buy”. BWS Financial also remained covering NTGR and has decreased its forecast on October 28, 2021 with a “Neutral” recommendation from previously “Buy” rating.
Price Performance Review of NTGR
On Tuesday, Netgear Inc [NASDAQ:NTGR] saw its stock jump 2.73% to $28.25. Over the last five days, the stock has gained 6.64%. Netgear Inc shares have risen nearly 1.36% since the year began. Nevertheless, the stocks have risen 96.04% over the past one year. While a 52-week high of $31.55 was reached on 01/24/25, a 52-week low of $10.48 was recorded on 01/27/25. SMA at 50 days reached $26.41, while 200 days put it at $19.24.
Levels Of Support And Resistance For NTGR Stock
The 24-hour chart illustrates a support level at 27.37, which if violated will result in even more drops to 26.50. On the upside, there is a resistance level at 28.71. A further resistance level may holdings at 29.18. The Relative Strength Index (RSI) on the 14-day chart is 58.28, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.44, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 16.77%. Stochastics %K at 69.76% indicates the stock is a holding.
How much short interest is there in Netgear Inc?
A steep rise in short interest was recorded in Netgear Inc stocks on 2025-01-15, dropping by -0.18 million shares to a total of 0.8 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 0.98 million shares. There was a decline of -23.0%, which implies that there is a negative sentiment for the stock.
