Oppenheimer’s latest rating for QMCO stock

Quantum Corp’s filing revealed that its Chief Accounting Officer Moorehead Lewis W. unloaded Company’s shares for reported $1727.0 on Apr 21 ’25. In the deal valued at $9.65 per share,179 shares were sold. As a result of this transaction, Moorehead Lewis W. now holds 24,971 shares worth roughly $0.3 million.

Then, Lerner James J sold 2,784 shares, generating $26,862 in total proceeds. Upon selling the shares at $9.65, the President & CEO now owns 110,848 shares.

Before that, Cabrera Brian E sold 1,078 shares. Quantum Corp shares valued at $10,401 were divested by the SVP Chief Admin Ofcr & Secy at a price of $9.65 per share. As a result of the transaction, Cabrera Brian E now holds 28,736 shares, worth roughly $0.34 million.

Oppenheimer downgraded its Quantum Corp [QMCO] rating to a Perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who decreased its forecast for the stock in early February from “a Buy” to “a Neutral”. Northland Capital began covering QMCO with “an Outperform” recommendation on March 05, 2021. Oppenheimer started covering the stock on March 04, 2021. It rated QMCO as “an Outperform”.

Price Performance Review of QMCO

On Friday, Quantum Corp [NASDAQ:QMCO] saw its stock fall -5.04% to $11.87. Over the last five days, the stock has lost -7.84%. Quantum Corp shares have fallen nearly -77.99% since the year began. Nevertheless, the stocks have risen 38.99% over the past one year. While a 52-week high of $90.64 was reached on 01/06/25, a 52-week low of $2.22 was recorded on 04/22/25. SMA at 50 days reached $12.18, while 200 days put it at $14.24.

Levels Of Support And Resistance For QMCO Stock

The 24-hour chart illustrates a support level at 11.51, which if violated will result in even more drops to 11.16. On the upside, there is a resistance level at 12.39. A further resistance level may holdings at 12.92. The Relative Strength Index (RSI) on the 14-day chart is 49.39, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.81, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 58.84%. Stochastics %K at 62.40% indicates the stock is a holding.

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