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A company insider recently sold 46,233 shares of SI-BONE Inc [SIBN]. Should You also Consider to Sale?

In a filing, SI-BONE Inc revealed its Chief Executive Officer FRANCIS LAURA unloaded Company’s shares for reported $0.8 million on Feb 18 ’25. In the deal valued at $17.22 per share,46,233 shares were sold. As a result of this transaction, FRANCIS LAURA now holds 506,761 shares worth roughly $9.04 million.

Then, Maheshwari Anshul sold 11,180 shares, generating $188,518 in total proceeds. Upon selling the shares at $16.86, the Chief Financial Officer now owns 273,604 shares.

Before that, RECUPERO ANTHONY J sold 9,531 shares. SI-BONE Inc shares valued at $160,732 were divested by the President, Commercial Ops at a price of $16.86 per share. As a result of the transaction, RECUPERO ANTHONY J now holds 287,866 shares, worth roughly $5.14 million.

Needham reiterated its SI-BONE Inc [SIBN] rating to a Buy in a research note published on August 06, 2024; the price target was $19. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who began to cover the stock in late March with a ‘”an Overweight”‘ rating. Jefferies began covering SIBN with “Buy” recommendation on October 12, 2022.

Price Performance Review of SIBN

On Friday, SI-BONE Inc [NASDAQ:SIBN] saw its stock fall -0.89% to $17.84. Over the last five days, the stock has gained 8.78%. SI-BONE Inc shares have risen nearly 27.25% since the year began. Nevertheless, the stocks have fallen -14.23% over the past one year. While a 52-week high of $20.94 was reached on 02/19/25, a 52-week low of $11.70 was recorded on 01/02/25. SMA at 50 days reached $15.53, while 200 days put it at $14.51.

Levels Of Support And Resistance For SIBN Stock

The 24-hour chart illustrates a support level at 17.46, which if violated will result in even more drops to 17.08. On the upside, there is a resistance level at 18.26. A further resistance level may holdings at 18.68. The Relative Strength Index (RSI) on the 14-day chart is 61.08, 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 25.42%. Stochastics %K at 80.56% indicates the stock is a selling.

The most recent change occurred on June 08, 2021 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $40 price target.

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