Cognyte Software Ltd’s recent filing unveils that its Officer Rotem Ilan acquired Company’s shares for reported $95900.0 on Jan 16 ’25. In the deal valued at $9.59 per share,10,000 shares were bought.
Then, Barel Amir bought 8,334 shares, generating $79,923 in total proceeds.
Before that, Barel Amir bought 9,917 shares. Cognyte Software Ltd shares valued at $88,955 were divested by the Officer at a price of $8.97 per share.
Stifel downgraded its Cognyte Software Ltd [CGNT] rating to a Hold from a a Buy in a research note published on September 29, 2022; the price target was decreased to $6 from $8. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who decreased its forecast for the stock in late June from “an Outperform” to “an In-line”. William Blair also remained covering CGNT and has decreased its forecast on June 28, 2022 with a “Mkt perform” recommendation from previously “an Outperform” rating. Needham revised its rating on April 05, 2022. It rated CGNT as “a Hold” which previously was an “a Buy”.
Price Performance Review of CGNT
On Friday, Cognyte Software Ltd [NASDAQ:CGNT] saw its stock fall -3.72% to $10.34. Over the last five days, the stock has lost -3.45%. Cognyte Software Ltd shares have risen nearly 19.54% since the year began. Nevertheless, the stocks have risen 41.45% over the past one year. While a 52-week high of $11.12 was reached on 02/06/25, a 52-week low of $6.21 was recorded on 01/13/25. SMA at 50 days reached $9.26, while 200 days put it at $7.79.
Levels Of Support And Resistance For CGNT Stock
The 24-hour chart illustrates a support level at 10.18, which if violated will result in even more drops to 10.02. On the upside, there is a resistance level at 10.64. A further resistance level may holdings at 10.94. The Relative Strength Index (RSI) on the 14-day chart is 59.90, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.46, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 34.06%. Stochastics %K at 78.46% indicates the stock is a holding.
How much short interest is there in Cognyte Software Ltd?
A steep rise in short interest was recorded in Cognyte Software Ltd stocks on 2025-01-31, growing by 0.21 million shares to a total of 0.62 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 0.4 million shares. There was a rise of 34.64%, which implies that there is a positive sentiment for the stock.
