Faro Technologies Inc’s recently made public that its SVP & Chief Financial Officer Horwath Matthew unloaded Company’s shares for reported $4714.0 on Mar 18 ’25. In the deal valued at $28.40 per share,166 shares were sold. As a result of this transaction, Horwath Matthew now holds 39,264 shares worth roughly $1.65 million.
Then, Horwath Matthew bought 166 shares, generating $4,714 in total proceeds.
Before that, Horwath Matthew sold 1,480 shares. Faro Technologies Inc shares valued at $43,364 were divested by the SVP & Chief Financial Officer at a price of $29.30 per share. As a result of the transaction, Horwath Matthew now holds 39,430 shares, worth roughly $1.66 million.
Craig Hallum upgraded its Faro Technologies Inc [FARO] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who decreased its forecast for the stock in late April from “a Buy” to “a Hold”. Needham also remained covering FARO and has increased its forecast on October 07, 2021 with a “Buy” recommendation from previously “Hold” rating. Craig Hallum revised its rating on February 21, 2020. It rated FARO as “a Buy” which previously was an “a Hold”.
Price Performance Review of FARO
On Tuesday, Faro Technologies Inc [NASDAQ:FARO] saw its stock jump 0.26% to $42.11. Over the last five days, the stock has gained 0.02%. Faro Technologies Inc shares have risen nearly 66.05% since the year began. Nevertheless, the stocks have risen 122.92% over the past one year. While a 52-week high of $42.64 was reached on 05/12/25, a 52-week low of $13.52 was recorded on 04/04/25. SMA at 50 days reached $31.84, while 200 days put it at $25.69.
Levels Of Support And Resistance For FARO Stock
The 24-hour chart illustrates a support level at 42.03, which if violated will result in even more drops to 41.96. On the upside, there is a resistance level at 42.19. A further resistance level may holdings at 42.28. The Relative Strength Index (RSI) on the 14-day chart is 78.15, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.13, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.94%. Stochastics %K at 13.07% indicates the stock is a buying.
