Beyond Air Inc’s recent filing unveils that its Director Carey Robert acquired Company’s shares for reported $0.25 million on Mar 14 ’25. In the deal valued at $0.25 per share,1,000,000 shares were bought. As a result of this transaction, Carey Robert now holds 4,076,864 shares worth roughly $1.1 million.
Then, Gaul Michael A. bought 6,000 shares, generating $2,294 in total proceeds. Upon buying the shares at $0.38, the Chief Operating Officer now owns 94,150 shares.
Before that, Carey Robert bought 1,476,626 shares. Beyond Air Inc shares valued at $744,662 were divested by the Director at a price of $0.50 per share. As a result of the transaction, Carey Robert now holds 1,476,626 shares, worth roughly $0.4 million.
BTIG Research downgraded its Beyond Air Inc [XAIR] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who began to cover the stock in late July with a ‘”an Overweight”‘ rating. BTIG Research began covering XAIR with “Buy” recommendation on June 15, 2023. Truist started covering the stock on April 28, 2021. It rated XAIR as “a Buy”.
Price Performance Review of XAIR
On Friday, Beyond Air Inc [NASDAQ:XAIR] saw its stock fall -3.20% to $0.27. Over the last five days, the stock has gained 1.45%. Beyond Air Inc shares have fallen nearly -24.10% since the year began. Nevertheless, the stocks have fallen -83.90% over the past one year. While a 52-week high of $1.78 was reached on 02/11/25, a 52-week low of $0.24 was recorded on 03/14/25. SMA at 50 days reached $0.3348, while 200 days put it at $0.4670.
Levels Of Support And Resistance For XAIR Stock
The 24-hour chart illustrates a support level at 0.2557, which if violated will result in even more drops to 0.2394. On the upside, there is a resistance level at 0.2832. A further resistance level may holdings at 0.2944. The Relative Strength Index (RSI) on the 14-day chart is 43.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0081, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 60.85%. Stochastics %K at 51.95% indicates the stock is a holding.
How much short interest is there in Beyond Air Inc?
A steep rise in short interest was recorded in Beyond Air Inc stocks on 2025-03-14, growing by 0.14 million shares to a total of 1.35 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 1.2 million shares. There was a rise of 10.68%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 22, 2019 when Oppenheimer began covering the stock and recommended ‘”an Outperform”‘ rating along with a $9 price target.
