Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Nauticus Robotics Inc shares valued at $7,680 were sold by GIBSON JOHN W JR on Feb 21 ’25. At $1.11 per share, GIBSON JOHN W JR sold 6,919 shares. The insider’s holdings dropped to 107,132 shares worth approximately $0.12 million following the completion of this transaction.
Also, GIBSON JOHN W JR sold 3,190 shares, netting a total of over 19,236 in proceeds. Following the sale of shares at $6.03 each, the insider now holds 94,606 shares.
Before that, Hay Victoria had sold 359 shares from its account. In a trade valued at $384, the Interim CFO traded Nauticus Robotics Inc shares for $1.07 each. Upon closing the transaction, the insider’s holdings decreased to 359 shares, worth approximately $828.3000000000001.
As published in a research note from Chardan Capital Markets on May 12, 2023, Nauticus Robotics Inc [KITT] has been rated down from a Buy to a Neutral and the price target has been revised to $2.50. Analysts at ROTH Capital started covering the stock with ‘”a Buy”‘ outlook in a report released in early October.
Analyzing KITT Stock Performance
During the last five days, there has been a drop of approximately -19.12%. Over the course of the year, Nauticus Robotics Inc shares have dropped approximately -29.03%. Shares of the company reached a 52-week high of $6.0400 on 01/06/25 and a 52-week low of $1.0300 on 02/25/25. A 50-day SMA is recorded $1.8069, while a 200-day SMA reached $2.6056. Nevertheless, trading volume fell to 2.56 million shares from 2.24 million shares the previous day.
Support And Resistance Levels for Nauticus Robotics Inc (KITT)
According to the 24-hour chart, there is a support level at 1.0467, which, if violated, would cause prices to drop to 0.9933. In the upper region, resistance lies at 1.1667. The next price resistance is at 1.2333. RSI (Relative Strength Index) is 37.42 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.3274, which suggests the price will decrease in the coming days. Percent R is at 91.62%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
