Cognyte Software Ltd’s recent filing unveils that its Director Nottenburg Richard N acquired Company’s shares for reported $0.18 million on Apr 16 ’25. In the deal valued at $8.75 per share,20,432 shares were bought.
Then, Rotem Ilan bought 10,000 shares, generating $95,900 in total proceeds.
Before that, Barel Amir bought 8,334 shares. Cognyte Software Ltd shares valued at $79,923 were divested by the Officer at a price of $9.59 per share.
Stifel downgraded its Cognyte Software Ltd [CGNT] rating to a Hold from a a Buy in a research note published on September 29, 2022; the price target was decreased to $6 from $8. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who decreased its forecast for the stock in late June from “an Outperform” to “an In-line”. William Blair also remained covering CGNT and has decreased its forecast on June 28, 2022 with a “Mkt perform” recommendation from previously “an Outperform” rating. Needham revised its rating on April 05, 2022. It rated CGNT as “a Hold” which previously was an “a Buy”.
Price Performance Review of CGNT
On Tuesday, Cognyte Software Ltd [NASDAQ:CGNT] saw its stock unchanged to $9.78. Over the last five days, the stock has gained 5.73%. Cognyte Software Ltd shares have risen nearly 13.06% since the year began. Nevertheless, the stocks have risen 42.57% over the past one year. While a 52-week high of $11.12 was reached on 02/06/25, a 52-week low of $6.21 was recorded on 03/31/25. SMA at 50 days reached $8.92, while 200 days put it at $8.12.
Levels Of Support And Resistance For CGNT Stock
The 24-hour chart illustrates a support level at 9.65, which if violated will result in even more drops to 9.51. On the upside, there is a resistance level at 9.96. A further resistance level may holdings at 10.13. The Relative Strength Index (RSI) on the 14-day chart is 60.39, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.23, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 15.71%. Stochastics %K at 86.85% indicates the stock is a selling.
How much short interest is there in Cognyte Software Ltd?
A steep rise in short interest was recorded in Cognyte Software Ltd stocks on 2025-04-15, dropping by -0.38 million shares to a total of 0.35 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 0.73 million shares. There was a decline of -109.03%, which implies that there is a negative sentiment for the stock.
