NN Inc’s recently made public that its Director Gautam Rajeev acquired Company’s shares for reported $22220.0 on May 15 ’25. In the deal valued at $2.22 per share,10,000 shares were bought. As a result of this transaction, Gautam Rajeev now holds 60,000 shares worth roughly $0.12 million.
Then, French Timothy M. bought 44,784 shares, generating $93,106 in total proceeds. Upon buying the shares at $2.08, the Chief Operating Officer now owns 374,784 shares.
Before that, French Timothy M. bought 5,216 shares. NN Inc shares valued at $11,157 were divested by the Chief Operating Officer at a price of $2.14 per share. As a result of the transaction, French Timothy M. now holds 380,000 shares, worth roughly $0.73 million.
Noble Capital Markets initiated its NN Inc [NNBR] rating to an Outperform in a research note published on April 15, 2024; the price target was $6. A number of analysts have revised their coverage, including Lake Street’s analysts, who increased its forecast for the stock in early August from “a Hold” to “a Buy”. KeyBanc Capital Markets also remained covering NNBR and has decreased its forecast on March 18, 2022 with a “Sector weight” recommendation from previously “an Overweight” rating. CJS Securities revised its rating on April 06, 2021. It rated NNBR as “a Market perform” which previously was an “a Market outperform”.
Price Performance Review of NNBR
On Friday, NN Inc [NASDAQ:NNBR] saw its stock jump 1.58% to $1.93. Over the last five days, the stock has lost -17.52%. NN Inc shares have fallen nearly -40.98% since the year began. Nevertheless, the stocks have fallen -46.24% over the past one year. While a 52-week high of $4.67 was reached on 01/14/25, a 52-week low of $1.58 was recorded on 04/16/25. SMA at 50 days reached $2.0910, while 200 days put it at $3.1479.
Levels Of Support And Resistance For NNBR Stock
The 24-hour chart illustrates a support level at 1.8576, which if violated will result in even more drops to 1.7851. On the upside, there is a resistance level at 1.9759. A further resistance level may holdings at 2.0217. The Relative Strength Index (RSI) on the 14-day chart is 46.76, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0570, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 58.11%. Stochastics %K at 42.34% indicates the stock is a holding.
