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. Unusual Machines Inc shares valued at $477,876 were sold by Hoff Brian Joseph on Apr 03 ’25. At $5.70 per share, Hoff Brian Joseph sold 83,775 shares. The insider’s holdings dropped to 359,225 shares worth approximately $2.28 million following the completion of this transaction.
Also, Hoff Brian Joseph purchased 83,775 shares, netting a total of over 475,000 in proceeds.
Before that, Thompson Jeffrey M had sold 40,000 shares from its account. In a trade valued at $506,116, the Director traded Unusual Machines Inc shares for $12.65 each. Upon closing the transaction, the insider’s holdings decreased to 40,000 shares, worth approximately $2.07 million.
As published in their initiating research note from Maxim Group on December 18, 2024, Unusual Machines Inc [UMAC] has been a Buy and the price target has been revised to $18.
Analyzing UMAC Stock Performance
During the last five days, there has been a surge of approximately 25.79%. Over the course of the year, Unusual Machines Inc shares have dropped approximately -62.31%. Shares of the company reached a 52-week high of $17.50 on 01/03/25 and a 52-week low of $4.45 on 04/07/25. A 50-day SMA is recorded $7.01, while a 200-day SMA reached $5.91.
Support And Resistance Levels for Unusual Machines Inc (UMAC)
According to the 24-hour chart, there is a support level at 5.69, which, if violated, would cause prices to drop to 5.04. In the upper region, resistance lies at 6.74. The next price resistance is at 7.15. RSI (Relative Strength Index) is 52.94 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.26, which suggests the price will decrease in the coming days. Percent R is at 7.80%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
