Unusual Machines Inc’s recent filing unveils that its Chief Financial Officer Hoff Brian Joseph unloaded Company’s shares for reported $0.48 million on Apr 03 ’25. In the deal valued at $5.70 per share,83,775 shares were sold. As a result of this transaction, Hoff Brian Joseph now holds 359,225 shares worth roughly $1.69 million.
Then, Hoff Brian Joseph bought 83,775 shares, generating $475,000 in total proceeds.
Before that, Thompson Jeffrey M sold 40,000 shares. Unusual Machines Inc shares valued at $506,116 were divested by the Director at a price of $12.65 per share. As a result of the transaction, Thompson Jeffrey M now holds 325,984 shares, worth roughly $1.54 million.
Maxim Group initiated its Unusual Machines Inc [UMAC] rating to a Buy in a research note published on December 18, 2024; the price target was $18.
Price Performance Review of UMAC
On Monday, Unusual Machines Inc [AMEX:UMAC] saw its stock fall -11.30% to $4.71. Over the last five days, the stock has lost -26.41%. Unusual Machines Inc shares have fallen nearly -72.00% since the year began. Nevertheless, the stocks have risen 161.72% over the past one year. While a 52-week high of $23.62 was reached on 01/03/25, a 52-week low of $0.98 was recorded on 04/07/25. SMA at 50 days reached $8.57, while 200 days put it at $5.67.
Levels Of Support And Resistance For UMAC Stock
The 24-hour chart illustrates a support level at 4.31, which if violated will result in even more drops to 3.90. On the upside, there is a resistance level at 5.26. A further resistance level may holdings at 5.80. The Relative Strength Index (RSI) on the 14-day chart is 32.22, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.27, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.46%. Stochastics %K at 13.05% indicates the stock is a buying.
How much short interest is there in Unusual Machines Inc?
A steep rise in short interest was recorded in Unusual Machines Inc stocks on 2025-03-14, growing by 39211.0 shares to a total of 1.09 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 1.05 million shares. There was a rise of 3.6%, which implies that there is a positive sentiment for the stock.
