In a filing, SmartRent Inc revealed its CFO STEMM DARYL acquired Company’s shares for reported $12350.0 on Mar 07 ’25. In the deal valued at $1.24 per share,10,000 shares were bought. As a result of this transaction, STEMM DARYL now holds 76,272 shares worth roughly $93051.84.
Then, Martell Frank bought 50,000 shares, generating $74,290 in total proceeds. Upon buying the shares at $1.49, the Director now owns 200,000 shares.
Before that, Martell Frank bought 48,204 shares. SmartRent Inc shares valued at $70,016 were divested by the Director at a price of $1.45 per share. As a result of the transaction, Martell Frank now holds 248,204 shares, worth roughly $0.3 million.
Keefe Bruyette downgraded its SmartRent Inc [SMRT] rating to a Mkt perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who decreased its forecast for the stock in early August from “an Overweight” to “a Neutral”. BTIG Research also remained covering SMRT and has decreased its forecast on August 02, 2024 with a “Neutral” recommendation from previously “Buy” rating. DA Davidson revised its rating on July 31, 2024. It rated SMRT as “a Neutral” which previously was an “a Buy”.
Price Performance Review of SMRT
On Friday, SmartRent Inc [NYSE:SMRT] saw its stock fall -3.17% to $1.22. Over the last five days, the stock has lost -1.61%. SmartRent Inc shares have fallen nearly -30.29% since the year began. Nevertheless, the stocks have fallen -55.80% over the past one year. While a 52-week high of $2.98 was reached on 01/06/25, a 52-week low of $1.09 was recorded on 03/05/25. SMA at 50 days reached $1.5050, while 200 days put it at $1.8093.
Levels Of Support And Resistance For SMRT Stock
The 24-hour chart illustrates a support level at 1.1867, which if violated will result in even more drops to 1.1533. On the upside, there is a resistance level at 1.2567. A further resistance level may holdings at 1.2933. The Relative Strength Index (RSI) on the 14-day chart is 35.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0729, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 75.00%. Stochastics %K at 36.54% indicates the stock is a holding.
