NextNav Inc’s filing revealed that its Officer Shamsunder Sanyogita acquired Company’s shares for reported $0.14 million on Mar 20 ’25. In the deal valued at $12.04 per share,11,461 shares were bought.
Then, Shams Sammaad sold 3,938 shares, generating $44,880 in total proceeds. Upon selling the shares at $11.40, the Chief Accounting Officer now owns 71,366 shares.
Before that, Shams Sammaad sold 102 shares. NextNav Inc shares valued at $1,186 were divested by the Chief Accounting Officer at a price of $11.63 per share. As a result of the transaction, Shams Sammaad now holds 71,264 shares, worth roughly $0.96 million.
B. Riley Securities reiterated its NextNav Inc [NN] rating to a Buy in a research note published on November 14, 2024; the price target was $20. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who decreased its forecast for the stock in mid August from “an Outperform” to “a Perform”. R. F. Lafferty began covering NN with “Buy” recommendation on January 06, 2022.
Price Performance Review of NN
On Tuesday, NextNav Inc [NASDAQ:NN] saw its stock jump 5.33% to $13.44. Over the last five days, the stock has gained 13.23%. NextNav Inc shares have fallen nearly -13.62% since the year began. Nevertheless, the stocks have risen 137.46% over the past one year. While a 52-week high of $18.54 was reached on 01/03/25, a 52-week low of $6.19 was recorded on 03/04/25. SMA at 50 days reached $11.79, while 200 days put it at $10.71.
Levels Of Support And Resistance For NN Stock
The 24-hour chart illustrates a support level at 12.83, which if violated will result in even more drops to 12.22. On the upside, there is a resistance level at 13.78. A further resistance level may holdings at 14.12. The Relative Strength Index (RSI) on the 14-day chart is 65.83, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.31, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.73%. Stochastics %K at 90.92% indicates the stock is a selling.
How much short interest is there in NextNav Inc?
A steep rise in short interest was recorded in NextNav Inc stocks on 2025-03-14, growing by 0.88 million shares to a total of 14.39 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 13.52 million shares. There was a rise of 6.08%, which implies that there is a positive sentiment for the stock.
