The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Faro Technologies Inc shares valued at $4,714 were sold by Horwath Matthew on Mar 18 ’25. At $28.40 per share, Horwath Matthew sold 166 shares. The insider’s holdings dropped to 39,264 shares worth approximately $1.65 million following the completion of this transaction.
Also, Horwath Matthew purchased 166 shares, netting a total of over 4,714 in proceeds.
Before that, Horwath Matthew had sold 1,480 shares from its account. In a trade valued at $43,364, the SVP & Chief Financial Officer traded Faro Technologies Inc shares for $29.30 each. Upon closing the transaction, the insider’s holdings decreased to 1,480 shares, worth approximately $1.66 million.
As published in a research note from Craig Hallum on August 03, 2023, Faro Technologies Inc [FARO] has been rated up from a Hold to a Buy and the price target has been revised to $26. Analysts at Craig Hallum downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in late April. As of October 07, 2021, Needham has increased its “Hold” rating to a “Buy” for FARO. Earlier on February 21, 2020, Craig Hallum upgraded its rating. Their new recommendation was “a Buy” for FARO stock which previously was a “a Hold”.
Analyzing FARO Stock Performance
During the last five days, there has been a drop of approximately -0.57%. Over the course of the year, Faro Technologies Inc shares have jumped approximately 65.62%. Shares of the company reached a 52-week high of $42.64 on 05/12/25 and a 52-week low of $22.18 on 04/04/25.
Support And Resistance Levels for Faro Technologies Inc (FARO)
According to the 24-hour chart, there is a support level at 41.95, which, if violated, would cause prices to drop to 41.91. In the upper region, resistance lies at 42.09. The next price resistance is at 42.19. RSI (Relative Strength Index) is 77.87 on the 14-day chart, showing overbought technical sentiment.
