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Recent Insider Activity Could Benefit Quantum Corp (QMCO)

In a filing, Quantum Corp revealed its Chief Accounting Officer Nash Laura A. unloaded Company’s shares for reported $1747.0 on Apr 02 ’25. In the deal valued at $12.85 per share,136 shares were sold. As a result of this transaction, Nash Laura A. now holds 11,652 shares worth roughly $0.14 million.

Then, Gianella Kenneth P. sold 1,279 shares, generating $27,536 in total proceeds. Upon selling the shares at $21.53, the Chief Financial Officer now owns 32,402 shares.

Before that, Lerner James J sold 2,511 shares. Quantum Corp shares valued at $89,592 were divested by the President & CEO at a price of $35.68 per share. As a result of the transaction, Lerner James J now holds 107,804 shares, worth roughly $1.31 million.

Oppenheimer downgraded its Quantum Corp [QMCO] rating to a Perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who decreased its forecast for the stock in early February from “a Buy” to “a Neutral”. Northland Capital began covering QMCO with “an Outperform” recommendation on March 05, 2021. Oppenheimer started covering the stock on March 04, 2021. It rated QMCO as “an Outperform”.

Price Performance Review of QMCO

On Monday, Quantum Corp [NASDAQ:QMCO] saw its stock jump 8.65% to $12.19. Over the last five days, the stock has gained 8.36%. Quantum Corp shares have fallen nearly -77.39% since the year began. Nevertheless, the stocks have risen 12.70% over the past one year. While a 52-week high of $90.64 was reached on 01/06/25, a 52-week low of $2.22 was recorded on 04/07/25. SMA at 50 days reached $15.06, while 200 days put it at $13.66.

Levels Of Support And Resistance For QMCO Stock

The 24-hour chart illustrates a support level at 11.73, which if violated will result in even more drops to 11.28. On the upside, there is a resistance level at 12.47. A further resistance level may holdings at 12.75. The Relative Strength Index (RSI) on the 14-day chart is 43.75, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.23, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.58%. Stochastics %K at 22.51% indicates the stock is a holding.

How much short interest is there in Quantum Corp?

A steep rise in short interest was recorded in Quantum Corp stocks on 2025-03-31, growing by 0.27 million shares to a total of 1.52 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 1.24 million shares. There was a rise of 18.07%, which implies that there is a positive sentiment for the stock.

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