Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. NextNav Inc shares valued at $88,037 were purchased by ROBERT HENRY LANTZ on Apr 01 ’25. At $12.28 per share, ROBERT HENRY LANTZ acquired 7,171 shares.
Also, Shamsunder Sanyogita purchased 11,461 shares, netting a total of over 138,037 in proceeds.
Before that, Shams Sammaad had sold 3,938 shares from its account. In a trade valued at $44,880, the Chief Accounting Officer traded NextNav Inc shares for $11.40 each. Upon closing the transaction, the insider’s holdings decreased to 3,938 shares, worth approximately $0.89 million.
As published in a research note from B. Riley Securities on November 14, 2024, NextNav Inc [NN] has been retained to a Buy and the price target has been revised to $20. Analysts at Oppenheimer downgraded the stock from ‘”an Outperform”‘ to ‘”a Perform”‘ outlook in a report released in mid August. As of January 06, 2022, R. F. Lafferty has initiated its “Buy” rating for NN.
Analyzing NN Stock Performance
During the last five days, there has been a surge of approximately 12.09%. Over the course of the year, NextNav Inc shares have dropped approximately -20.18%. Shares of the company reached a 52-week high of $16.30 on 01/03/25 and a 52-week low of $9.05 on 03/04/25. A 50-day SMA is recorded $11.65, while a 200-day SMA reached $11.24.
Support And Resistance Levels for NextNav Inc (NN)
According to the 24-hour chart, there is a support level at 12.00, which, if violated, would cause prices to drop to 11.59. In the upper region, resistance lies at 12.70. The next price resistance is at 12.99. RSI (Relative Strength Index) is 54.69 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.58, which suggests the price will decrease in the coming days. Percent R is at 28.97%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
