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. Sunrise Realty Trust Inc shares valued at $479,868 were purchased by TANNENBAUM LEONARD M on Mar 31 ’25. At $10.89 per share, TANNENBAUM LEONARD M acquired 44,065 shares. The insider’s holdings grew to 2,711,322 shares worth approximately $24.56 million following the completion of this transaction.
Also, TANNENBAUM LEONARD M purchased 17,495 shares, netting a total of over 195,419 in proceeds. Following the buying of shares at $11.17 each, the insider now holds 2,667,257 shares.
Before that, TANNENBAUM LEONARD M had added 25,959 shares to its account. In a trade valued at $292,039, the Executive Chairman bought Sunrise Realty Trust Inc shares for $11.25 each. Upon closing the transaction, the insider’s holdings increased to 25,959 shares, worth approximately $24.01 million.
As published in their initiating research note from Oppenheimer on April 17, 2025, Sunrise Realty Trust Inc [SUNS] has been an Outperform and the price target has been revised to $12. Analysts at B. Riley Securities started covering the stock with ‘”a Buy”‘ outlook in a report released in mid February. As of February 11, 2025, Keefe Bruyette has initiated its “an Outperform” rating for SUNS.
Analyzing SUNS Stock Performance
During the last five days, there has been a surge of approximately 10.76%. Over the course of the year, Sunrise Realty Trust Inc shares have dropped approximately -35.65%.
Support And Resistance Levels for Sunrise Realty Trust Inc (SUNS)
According to the 24-hour chart, there is a support level at 8.57, which, if violated, would cause prices to drop to 8.07. In the upper region, resistance lies at 9.57. The next price resistance is at 10.07. RSI (Relative Strength Index) is 39.58 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.74, which suggests the price will decrease in the coming days. Percent R is at 62.94%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
