Similarweb Ltd’s recent filing unveils that its Officer Offer Or acquired Company’s shares for reported $0.98 million on Jan 21 ’25. In the deal valued at $15.64 per share,62,500 shares were bought.
Then, Seror Benjamin bought 50,000 shares, generating $706,000 in total proceeds.
Before that, Seror Benjamin bought 50,000 shares. Similarweb Ltd shares valued at $745,000 were divested by the Officer at a price of $14.90 per share.
Goldman initiated its Similarweb Ltd [SMWB] rating to a Buy in a research note published on December 11, 2024; the price target was $16. A number of analysts have revised their coverage, including Needham’s analysts, who began to cover the stock in late October with a ‘”a Buy”‘ rating. Northland Capital began covering SMWB with “an Outperform” recommendation on September 10, 2024. Citigroup revised its rating on February 15, 2024. It rated SMWB as “a Buy” which previously was an “a Neutral”.
Price Performance Review of SMWB
On Friday, Similarweb Ltd [NYSE:SMWB] saw its stock fall -1.10% to $17.08. Over the last five days, the stock has gained 5.37%. Similarweb Ltd shares have risen nearly 20.54% since the year began. Nevertheless, the stocks have risen 191.47% over the past one year. While a 52-week high of $17.56 was reached on 02/05/25, a 52-week low of $5.71 was recorded on 01/02/25. SMA at 50 days reached $14.58, while 200 days put it at $9.85.
Levels Of Support And Resistance For SMWB Stock
The 24-hour chart illustrates a support level at 16.90, which if violated will result in even more drops to 16.73. On the upside, there is a resistance level at 17.35. A further resistance level may holdings at 17.63. The Relative Strength Index (RSI) on the 14-day chart is 62.26, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.70, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 14.16%. Stochastics %K at 91.45% indicates the stock is a selling.
How much short interest is there in Similarweb Ltd?
A steep rise in short interest was recorded in Similarweb Ltd stocks on 2024-10-31, growing by 11880.0 shares to a total of 0.27 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 0.26 million shares. There was a rise of 4.41%, which implies that there is a positive sentiment for the stock.
