Surf Air Mobility Inc’s recent filing unveils that its Director Painter Tyler unloaded Company’s shares for reported $92825.0 on Mar 26 ’25. In the deal valued at $3.65 per share,25,417 shares were sold. As a result of this transaction, Painter Tyler now holds 40,765 shares worth roughly $0.11 million.
Then, Palantir Technologies Inc. bought 244,011 shares, generating $946,763 in total proceeds. Upon buying the shares at $3.88, the 10% Owner now owns 3,421,007 shares.
Before that, ALBERT CARL A bought 14,500 shares. Surf Air Mobility Inc shares valued at $50,315 were divested by the Director at a price of $3.47 per share. As a result of the transaction, ALBERT CARL A now holds 61,928 shares, worth roughly $0.17 million.
Canaccord Genuity downgraded its Surf Air Mobility Inc [SRFM] rating to a Hold from a a Buy in a research note published on May 15, 2024; the price target was decreased to $1 from $2.50. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who began to cover the stock in early September with a ‘”an Overweight”‘ rating. Canaccord Genuity began covering SRFM with “Buy” recommendation on August 28, 2023. Bernstein started covering the stock on August 22, 2023. It rated SRFM as “an Outperform”.
Price Performance Review of SRFM
On Monday, Surf Air Mobility Inc [NYSE:SRFM] saw its stock fall -19.82% to $2.67. Over the last five days, the stock has lost -29.92%. Surf Air Mobility Inc shares have fallen nearly -50.46% since the year began. Nevertheless, the stocks have fallen -52.38% over the past one year. While a 52-week high of $6.72 was reached on 01/02/25, a 52-week low of $0.90 was recorded on 03/31/25. SMA at 50 days reached $3.99, while 200 days put it at $2.86.
Levels Of Support And Resistance For SRFM Stock
The 24-hour chart illustrates a support level at 2.56, which if violated will result in even more drops to 2.44. On the upside, there is a resistance level at 2.83. A further resistance level may holdings at 2.98. The Relative Strength Index (RSI) on the 14-day chart is 34.94, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.50, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.74%. Stochastics %K at 6.98% indicates the stock is a buying.
How much short interest is there in Surf Air Mobility Inc?
A steep rise in short interest was recorded in Surf Air Mobility Inc stocks on 2025-03-14, dropping by 30985.0 shares to a total of 0.84 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 0.87 million shares. There was a decline of -3.68%, which implies that there is a negative sentiment for the stock.
