In a filing, Turtle Beach Corp revealed its Officer Hanson John T acquired Company’s shares for reported $0.3 million on Apr 11 ’25. In the deal valued at $10.25 per share,29,391 shares were bought.
Then, Ballard Lloyd Gregory sold 5,542 shares, generating $83,130 in total proceeds. Upon selling the shares at $15.00, the Director now owns 37,123 shares.
Before that, Keirn Cris bought 3,000 shares. Turtle Beach Corp shares valued at $44,580 were divested by the CEO at a price of $14.86 per share. As a result of the transaction, Keirn Cris now holds 35,648 shares, worth roughly $0.33 million.
Wedbush downgraded its Turtle Beach Corp [TBCH] rating to a Neutral from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who began to cover the stock in late March with a ‘”a Buy”‘ rating. Oppenheimer also remained covering TBCH and has increased its forecast on August 09, 2024 with a “an Outperform” recommendation from previously “Perform” rating. Maxim Group maintained its rating on May 05, 2023. It rated TBCH as “a Buy”.
Price Performance Review of TBCH
On Tuesday, Turtle Beach Corp [NASDAQ:TBCH] saw its stock fall -13.29% to $9.33. Over the last five days, the stock has lost -17.43%. Turtle Beach Corp shares have fallen nearly -46.10% since the year began. Nevertheless, the stocks have fallen -37.76% over the past one year. While a 52-week high of $19.50 was reached on 02/18/25, a 52-week low of $9.62 was recorded on 05/06/25. SMA at 50 days reached $13.13, while 200 days put it at $15.36.
Levels Of Support And Resistance For TBCH Stock
The 24-hour chart illustrates a support level at 8.78, which if violated will result in even more drops to 8.23. On the upside, there is a resistance level at 9.88. A further resistance level may holdings at 10.43. The Relative Strength Index (RSI) on the 14-day chart is 31.38, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.76, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.65%. Stochastics %K at 20.18% indicates the stock is a holding.
The most recent change occurred on November 28, 2022 when ROTH Capital began covering the stock and recommended ‘”a Buy”‘ rating along with a $18 price target.
