Nine Energy Service Inc’s recent filing unveils that its insider Crombie David unloaded Company’s shares for reported $12973.0 on May 15 ’25. In the deal valued at $0.62 per share,20,857 shares were sold. As a result of this transaction, Crombie David now holds 219,996 shares worth roughly $0.12 million.
Then, MOORE THEODORE R. sold 11,530 shares, generating $8,059 in total proceeds. Upon selling the shares at $0.70, the insider now owns 136,873 shares.
Before that, Crombie David bought 20,857 shares. Nine Energy Service Inc shares valued at $12,976 were divested by the Officer at a price of $0.62 per share.
Citigroup upgraded its Nine Energy Service Inc [NINE] rating to a Neutral from a a Sell in a research note published on December 15, 2020; the price target was increased to $3 from $1. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who decreased its forecast for the stock in mid May from “an Overweight” to “a Neutral”. Goldman also remained covering NINE and has decreased its forecast on March 27, 2020 with a “Neutral” recommendation from previously “Buy” rating. Wells Fargo revised its rating on March 13, 2020. It rated NINE as “an Underweight” which previously was an “an Equal weight”.
Price Performance Review of NINE
On Monday, Nine Energy Service Inc [NYSE:NINE] saw its stock fall -8.27% to $0.56. Over the last five days, the stock has lost -19.01%. Nine Energy Service Inc shares have fallen nearly -49.79% since the year began. Nevertheless, the stocks have fallen -69.61% over the past one year.
How much short interest is there in Nine Energy Service Inc?
A steep rise in short interest was recorded in Nine Energy Service Inc stocks on 2025-04-30, dropping by -0.2 million shares to a total of 3.26 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-31 was 3.46 million shares. There was a decline of -6.14%, which implies that there is a negative sentiment for the stock.
