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The Potential Rise in the Price of Aterian Inc (ATER) following insiders activity

Aterian Inc’s filing revealed that its Chief Technology Officer Zahut Roi Zion unloaded Company’s shares for reported $8681.0 on Dec 13 ’24. In the deal valued at $2.35 per share,3,694 shares were sold. As a result of this transaction, Zahut Roi Zion now holds 197,800 shares worth roughly $0.42 million.

Then, Lepper Phillip sold 1,711 shares, generating $4,021 in total proceeds. Upon selling the shares at $2.35, the Chief Revenue Officer now owns 177,934 shares.

Before that, Rodriguez Arturo sold 10,325 shares. Aterian Inc shares valued at $31,698 were divested by the Chief Executive Officer at a price of $3.07 per share. As a result of the transaction, Rodriguez Arturo now holds 531,588 shares, worth roughly $1.12 million.

Craig Hallum initiated its Aterian Inc [ATER] rating to a Buy in a research note published on January 30, 2023; the price target was $3. A number of analysts have revised their coverage, including ROTH Capital’s analysts, who decreased its forecast for the stock in early August from “a Buy” to “a Neutral”.

Price Performance Review of ATER

On Tuesday, Aterian Inc [NASDAQ:ATER] saw its stock fall -3.44% to $2.11. Aterian Inc shares have fallen nearly -12.08% since the year began. Nevertheless, the stocks have fallen -47.92% over the past one year. While a 52-week high of $4.68 was reached on 01/06/25, a 52-week low of $1.86 was recorded on 02/03/25. SMA at 50 days reached $2.20, while 200 days put it at $2.62.

Levels Of Support And Resistance For ATER Stock

The 24-hour chart illustrates a support level at 2.04, which if violated will result in even more drops to 1.98. On the upside, there is a resistance level at 2.21. A further resistance level may holdings at 2.32. The Relative Strength Index (RSI) on the 14-day chart is 48.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 64.44%. Stochastics %K at 43.35% indicates the stock is a holding.

How much short interest is there in Aterian Inc?

A steep rise in short interest was recorded in Aterian Inc stocks on 2025-02-28, growing by 39849.0 shares to a total of 0.24 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 0.2 million shares. There was a rise of 16.59%, which implies that there is a positive sentiment for the stock.

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