Sunrise Realty Trust Inc’s filing revealed that its Executive Chairman TANNENBAUM LEONARD M acquired Company’s shares for reported $0.91 million on Mar 19 ’25. In the deal valued at $11.26 per share,80,514 shares were bought. As a result of this transaction, TANNENBAUM LEONARD M now holds 2,623,803 shares worth roughly $29.52 million.
Then, TANNENBAUM LEONARD M bought 50,000 shares, generating $551,500 in total proceeds. Upon buying the shares at $11.03, the Executive Chairman now owns 2,543,289 shares.
Before that, TANNENBAUM LEONARD M bought 25,000 shares. Sunrise Realty Trust Inc shares valued at $276,500 were divested by the Executive Chairman at a price of $11.06 per share. As a result of the transaction, TANNENBAUM LEONARD M now holds 2,469,282 shares, worth roughly $27.78 million.
B. Riley Securities initiated its Sunrise Realty Trust Inc [SUNS] rating to a Buy in a research note published on February 13, 2025; the price target was $15. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who began to cover the stock in mid February with a ‘”an Outperform”‘ rating.
Price Performance Review of SUNS
On Friday, Sunrise Realty Trust Inc [NASDAQ:SUNS] saw its stock fall -1.06% to $11.25. Over the last five days, the stock has gained 1.90%. Sunrise Realty Trust Inc shares have fallen nearly -20.10% since the year began.
Levels Of Support And Resistance For SUNS Stock
The 24-hour chart illustrates a support level at 11.10, which if violated will result in even more drops to 10.94. On the upside, there is a resistance level at 11.53. A further resistance level may holdings at 11.80. The Relative Strength Index (RSI) on the 14-day chart is 42.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.63%. Stochastics %K at 46.39% indicates the stock is a holding.
How much short interest is there in Sunrise Realty Trust Inc?
A steep rise in short interest was recorded in Sunrise Realty Trust Inc stocks on 2025-02-28, dropping by -0.1 million shares to a total of 0.23 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 0.33 million shares. There was a decline of -44.19%, which implies that there is a negative sentiment for the stock.
