Digital Turbine Inc’s recent filing unveils that its Chief Executive Officer STONE WILLIAM GORDON III acquired Company’s shares for reported $0.26 million on Mar 10 ’25. In the deal valued at $2.59 per share,100,000 shares were bought. As a result of this transaction, STONE WILLIAM GORDON III now holds 1,762,503 shares worth roughly $5.9 million.
Then, STERLING MICHELLE M bought 7,000 shares, generating $10,010 in total proceeds. Upon buying the shares at $1.43, the Director now owns 24,640 shares.
Before that, Chestnutt Roy H bought 7,000 shares. Digital Turbine Inc shares valued at $9,940 were divested by the Director at a price of $1.42 per share. As a result of the transaction, Chestnutt Roy H now holds 216,364 shares, worth roughly $0.72 million.
BofA Securities downgraded its Digital Turbine Inc [APPS] rating to an Underperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who remained covering the stock and in late May has reiterated a ‘”a Buy”‘ rating for it. Craig Hallum also remained covering APPS and reiterated its “Buy” recommendation on February 08, 2024. BofA Securities revised its rating on September 14, 2023. It rated APPS as “a Neutral” which previously was an “a Buy”.
Price Performance Review of APPS
On Friday, Digital Turbine Inc [NASDAQ:APPS] saw its stock jump 5.35% to $3.35. Over the last five days, the stock has gained 13.95%. Digital Turbine Inc shares have risen nearly 98.22% since the year began. Nevertheless, the stocks have risen 11.67% over the past one year. While a 52-week high of $6.86 was reached on 02/13/25, a 52-week low of $1.18 was recorded on 01/14/25. SMA at 50 days reached $3.19, while 200 days put it at $2.55.
Levels Of Support And Resistance For APPS Stock
The 24-hour chart illustrates a support level at 3.24, which if violated will result in even more drops to 3.14. On the upside, there is a resistance level at 3.44. A further resistance level may holdings at 3.54. The Relative Strength Index (RSI) on the 14-day chart is 48.22, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 39.93%. Stochastics %K at 39.91% indicates the stock is a holding.
How much short interest is there in Digital Turbine Inc?
A steep rise in short interest was recorded in Digital Turbine Inc stocks on 2025-02-28, growing by 1.42 million shares to a total of 4.44 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 3.03 million shares. There was a rise of 31.88%, which implies that there is a positive sentiment for the stock.
