The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. CION Invt Corp shares valued at $10,480 were purchased by BRESNER GREGG A. on Apr 01 ’25. At $10.48 per share, BRESNER GREGG A. acquired 1,000 shares. The insider’s holdings grew to 64,599 shares worth approximately $0.6 million following the completion of this transaction.
Also, BRESNER GREGG A. purchased 1,000 shares, netting a total of over 10,410 in proceeds. Following the buying of shares at $10.41 each, the insider now holds 63,599 shares.
Before that, Reisner Michael A had added 490 shares to its account. In a trade valued at $5,120, the Co-Chairman & Co-CEO bought CION Invt Corp shares for $10.45 each. Upon closing the transaction, the insider’s holdings increased to 490 shares, worth approximately $0.42 million.
As published in a research note from Wells Fargo on March 17, 2025, CION Invt Corp [CION] has been rated down from an Equal weight to an Underweight and the price target has been revised to $10 from $11. Analysts at Hovde Group started covering the stock with ‘”a Market perform”‘ outlook in a report released in mid June. As of April 18, 2023, Wells Fargo has decreased its “an Overweight” rating to a “an Equal weight” for CION. Earlier on July 25, 2022, Wells Fargo upgraded its rating. Their new recommendation was “an Overweight” for CION stock which previously was a “an Equal weight”.
Analyzing CION Stock Performance
During the last five days, there has been a drop of approximately -10.79%. Over the course of the year, CION Invt Corp shares have dropped approximately -18.07%. Shares of the company reached a 52-week high of $12.71 on 03/03/25 and a 52-week low of $8.51 on 04/09/25. A 50-day SMA is recorded $11.41, while a 200-day SMA reached $11.71.
Support And Resistance Levels for CION Invt Corp (CION)
According to the 24-hour chart, there is a support level at 8.76, which, if violated, would cause prices to drop to 8.19. In the upper region, resistance lies at 9.66. The next price resistance is at 9.99. RSI (Relative Strength Index) is 30.48 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.24, which suggests the price will decrease in the coming days. Percent R is at 67.58%, indicating low price movement. Stochastics %K at buying indicates that the stock is to be held.
