Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Richardson Electronics, Ltd shares valued at $33,192 were sold by Ben Robert J on Feb 04 ’25. At $13.28 per share, Ben Robert J sold 2,500 shares. The insider’s holdings dropped to 54,534 shares worth approximately $0.46 million following the completion of this transaction.
Also, Ben Robert J purchased 9,000 shares, netting a total of over 133,470 in proceeds.
Before that, Benham James had added 500 shares to its account. In a trade valued at $6,825, the Director bought Richardson Electronics, Ltd shares for $13.65 each. Upon closing the transaction, the insider’s holdings increased to 500 shares, worth approximately $0.12 million.
As published in a research note from Northland Capital on January 13, 2025, Richardson Electronics, Ltd [RELL] has been rated down from an Outperform to a Market perform. Analysts at Northland Capital started covering the stock with ‘”an Outperform”‘ outlook in a report released in late April. As of September 06, 2007, Feltl & Co. has initiated its “Buy” rating for RELL.
Analyzing RELL Stock Performance
During the last five days, there has been a surge of approximately 3.45%. Over the course of the year, Richardson Electronics, Ltd shares have dropped approximately -40.13%. Shares of the company reached a 52-week high of $15.38 on 01/06/25 and a 52-week low of $7.57 on 04/10/25. A 50-day SMA is recorded $11.79, while a 200-day SMA reached $12.63.
Support And Resistance Levels for Richardson Electronics, Ltd (RELL)
According to the 24-hour chart, there is a support level at 8.28, which, if violated, would cause prices to drop to 8.16. In the upper region, resistance lies at 8.52. The next price resistance is at 8.65. RSI (Relative Strength Index) is 27.27 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.00, which suggests the price will decrease in the coming days. Percent R is at 77.48%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
