Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Gray Media Inc shares valued at $61,552 were sold by BOGER RICHARD LEE on Feb 28 ’25. At $3.85 per share, BOGER RICHARD LEE sold 16,000 shares. The insider’s holdings dropped to 55,347 shares worth approximately $0.24 million following the completion of this transaction.
Also, BOGER RICHARD LEE purchased 16,000 shares, netting a total of over 61,440 in proceeds.
Before that, McTear Paul had sold 17,780 shares from its account. In a trade valued at $67,020, the Director traded Gray Media Inc shares for $3.77 each. Upon closing the transaction, the insider’s holdings decreased to 17,780 shares, worth approximately $0.42 million.
As published in a research note from Wells Fargo on March 03, 2025, Gray Media Inc [GTN] has been rated up from an Underweight to an Equal weight and the price target has been revised to $4. Analysts at Barrington Research downgraded the stock from ‘”an Outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in late February. As of November 09, 2022, Wells Fargo has decreased its “an Overweight” rating to a “an Underweight” for GTN.
Analyzing GTN Stock Performance
During the last five days, there has been a drop of approximately -15.03%. Over the course of the year, Gray Media Inc shares have jumped approximately 40.00%. Shares of the company reached a 52-week high of $5.29 on 03/20/25 and a 52-week low of $3.15 on 01/02/25. A 50-day SMA is recorded $3.99, while a 200-day SMA reached $4.63.
Support And Resistance Levels for Gray Media Inc (GTN)
According to the 24-hour chart, there is a support level at 4.31, which, if violated, would cause prices to drop to 4.20. In the upper region, resistance lies at 4.61. The next price resistance is at 4.80. RSI (Relative Strength Index) is 51.90 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.07, which suggests the price will decrease in the coming days. Percent R is at 54.72%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
