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. Inseego Corp shares valued at $97,800 were purchased by Sarvikas Juho on Mar 03 ’25. At $9.78 per share, Sarvikas Juho acquired 10,000 shares. The insider’s holdings grew to 134,347 shares worth approximately $0.98 million following the completion of this transaction.
Also, BRACE PHILIP G purchased 10,000 shares, netting a total of over 124,000 in proceeds. Following the buying of shares at $12.40 each, the insider now holds 177,763 shares.
As published in a research note from ROTH MKM on November 14, 2024, Inseego Corp [INSG] has been rated up from a Neutral to a Buy and the price target has been revised to $15 from $13. As of March 02, 2022, Canaccord Genuity has increased its “Hold” rating to a “Buy” for INSG. Earlier on March 02, 2021, Stifel downgraded its rating. Their new recommendation was “a Hold” for INSG stock which previously was a “a Buy”.
Analyzing INSG Stock Performance
During the last five days, there has been a surge of approximately 1.96%. Over the course of the year, Inseego Corp shares have dropped approximately -28.95%. Shares of the company reached a 52-week high of $14.39 on 02/21/25 and a 52-week low of $6.24 on 04/07/25. A 50-day SMA is recorded $9.71, while a 200-day SMA reached $12.52.
Support And Resistance Levels for Inseego Corp (INSG)
According to the 24-hour chart, there is a support level at 7.21, which, if violated, would cause prices to drop to 7.13. In the upper region, resistance lies at 7.41. The next price resistance is at 7.53. RSI (Relative Strength Index) is 36.14 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.15, which suggests the price will decrease in the coming days. Percent R is at 55.97%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
