SI-BONE Inc’s recently made public that 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 $7.51 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 $4.27 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 Monday, SI-BONE Inc [NASDAQ:SIBN] saw its stock jump 1.09% to $14.82. Over the last five days, the stock has lost -2.63%. SI-BONE Inc shares have risen nearly 5.71% since the year began. Nevertheless, the stocks have fallen -7.55% over the past one year. While a 52-week high of $19.16 was reached on 02/25/25, a 52-week low of $11.70 was recorded on 01/02/25. SMA at 50 days reached $16.53, while 200 days put it at $14.69.
Levels Of Support And Resistance For SIBN Stock
The 24-hour chart illustrates a support level at 14.64, which if violated will result in even more drops to 14.47. On the upside, there is a resistance level at 15.09. A further resistance level may holdings at 15.37. The Relative Strength Index (RSI) on the 14-day chart is 38.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.48, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.02%. Stochastics %K at 8.55% indicates the stock is a buying.
How much short interest is there in SI-BONE Inc?
A steep rise in short interest was recorded in SI-BONE Inc stocks on 2025-02-28, growing by 0.25 million shares to a total of 1.26 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 1.02 million shares. There was a rise of 19.43%, which implies that there is a positive sentiment for the stock.
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.
