NOV Inc’s recent filing unveils that its Director HARRISON DAVID D unloaded Company’s shares for reported $28722.0 on Nov 20 ’24. In the deal valued at $16.10 per share,1,784 shares were sold. As a result of this transaction, HARRISON DAVID D now holds 110,951 shares worth roughly $1.35 million.
Then, Livingston Scott B. sold 29,410 shares, generating $485,085 in total proceeds. Upon selling the shares at $16.49, the insider now owns 61,752 shares.
Before that, Rovig Joseph W sold 73,256 shares. NOV Inc shares valued at $1,201,076 were divested by the President – Energy Equipment at a price of $16.40 per share. As a result of the transaction, Rovig Joseph W now holds 191,567 shares, worth roughly $2.33 million.
RBC Capital Mkts upgraded its NOV Inc [NOV] rating to an Outperform from a a Sector perform in a research note published recently. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who decreased its forecast for the stock in mid January from “an Outperform” to “an In-line”. Seaport Research Partners also remained covering NOV and has decreased its forecast on January 06, 2025 with a “Neutral” recommendation from previously “Buy” rating. Piper Sandler started covering the stock on December 19, 2024. It rated NOV as “a Neutral”.
Price Performance Review of NOV
On Tuesday, NOV Inc [NYSE:NOV] saw its stock fall -0.98% to $12.16. Over the last five days, the stock has gained 1.08%. NOV Inc shares have fallen nearly -16.71% since the year began. Nevertheless, the stocks have fallen -34.27% over the past one year. While a 52-week high of $21.20 was reached on 02/05/25, a 52-week low of $10.84 was recorded on 04/09/25. SMA at 50 days reached $14.26, while 200 days put it at $15.83.
Levels Of Support And Resistance For NOV Stock
The 24-hour chart illustrates a support level at 11.96, which if violated will result in even more drops to 11.76. On the upside, there is a resistance level at 12.35. A further resistance level may holdings at 12.54. The Relative Strength Index (RSI) on the 14-day chart is 40.37, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.67%. Stochastics %K at 32.26% indicates the stock is a holding.
How much short interest is there in NOV Inc?
A steep rise in short interest was recorded in NOV Inc stocks on 2025-03-31, dropping by 9279.0 shares to a total of 21.19 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 21.2 million shares. There was a decline of -0.04%, which implies that there is a negative sentiment for the stock.
