Gogo Inc [GOGO] stock was sold by Silver (Equity) Holdings, LP at the price of US$93.5 million

NUE

In a filing, Gogo Inc revealed its Director Silver (Equity) Holdings, LP unloaded Company’s shares for reported $93.5 million on May 22 ’25. In the deal valued at $11.00 per share,8,500,000 shares were sold. As a result of this transaction, Silver (Equity) Holdings, LP now holds 4,174,482 shares worth roughly $46.71 million.

Then, Silver (Equity) Holdings, LP bought 8,500,000 shares, generating $108,885,000 in total proceeds.

Before that, CRANDALL ROBERT L bought 25,000 shares. Gogo Inc shares valued at $296,000 were divested by the Director at a price of $11.84 per share. As a result of the transaction, CRANDALL ROBERT L now holds 103,934 shares, worth roughly $1.16 million.

A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in early November from “an Underweight” to “an Equal-weight”. JP Morgan also remained covering GOGO and has increased its forecast on October 07, 2021 with a “Neutral” recommendation from previously “an Underweight” rating. Morgan Stanley revised its rating on October 06, 2021. It rated GOGO as “an Underweight” which previously was an “an Equal-weight”.

Price Performance Review of GOGO

On Friday, Gogo Inc [NASDAQ:GOGO] saw its stock jump 0.68% to $11.19. Over the last five days, the stock has gained 3.95%. Gogo Inc shares have risen nearly 38.26% since the year began. Nevertheless, the stocks have risen 6.22% over the past one year. While a 52-week high of $13.16 was reached on 05/22/25, a 52-week low of $6.17 was recorded on 03/18/25. SMA at 50 days reached $9.18, while 200 days put it at $7.98.

Levels Of Support And Resistance For GOGO Stock

The 24-hour chart illustrates a support level at 10.93, which if violated will result in even more drops to 10.75. On the upside, there is a resistance level at 11.28. A further resistance level may holdings at 11.45. The Relative Strength Index (RSI) on the 14-day chart is 58.42, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.59%. Stochastics %K at 29.89% indicates the stock is a holding.

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