Uniti Group Inc’s filing revealed that its SVP-CHIEF REVENUE OFFICER Mudry Ronald J. unloaded Company’s shares for reported $0.11 million on Aug 06 ’24. In the deal valued at $3.94 per share,28,693 shares were sold. As a result of this transaction, Mudry Ronald J. now holds 513,761 shares worth roughly $2.35 million.
Then, THE MUDRY FAM RLT bought 28,693 shares, generating $113,071 in total proceeds.
Raymond James upgraded its Uniti Group Inc [UNIT] rating to a Strong buy from a an Outperform in a research note published on February 24, 2025; the price target was increased to $8 from $6. A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in early May from “a Strong buy” to “an Outperform”. BofA Securities also remained covering UNIT and has decreased its forecast on November 07, 2023 with a “an Underperform” recommendation from previously “Neutral” rating. Citigroup revised its rating on November 16, 2020. It rated UNIT as “a Neutral” which previously was an “a Sell”.
Price Performance Review of UNIT
On Monday, Uniti Group Inc [NASDAQ:UNIT] saw its stock jump 1.11% to $4.57. Over the last five days, the stock has lost -8.60%. Uniti Group Inc shares have fallen nearly -16.91% since the year began. Nevertheless, the stocks have risen 18.09% over the past one year. While a 52-week high of $6.31 was reached on 02/24/25, a 52-week low of $2.57 was recorded on 04/09/25. SMA at 50 days reached $4.85, while 200 days put it at $5.20.
Levels Of Support And Resistance For UNIT Stock
The 24-hour chart illustrates a support level at 4.49, which if violated will result in even more drops to 4.41. On the upside, there is a resistance level at 4.71. A further resistance level may holdings at 4.85. The Relative Strength Index (RSI) on the 14-day chart is 44.98, 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 low at 55.68%. Stochastics %K at 37.12% indicates the stock is a holding.
