Surf Air Mobility Inc’s recent filing unveils that its Director Shahani Sudhin unloaded Company’s shares for reported $0.18 million on Jun 03 ’25. In the deal valued at $2.43 per share,75,840 shares were sold. As a result of this transaction, Shahani Sudhin now holds 549,578 shares worth roughly $1.14 million.
Then, Bland Tyrone D. sold 6,065 shares, generating $14,920 in total proceeds. Upon selling the shares at $2.46, the Director now owns 8,901 shares.
Before that, Bland Tyrone D. sold 3,984 shares. Surf Air Mobility Inc shares valued at $9,801 were divested by the Director at a price of $2.46 per share. As a result of the transaction, Bland Tyrone D. now holds 4,917 shares, worth roughly $10178.189999999999.
Canaccord Genuity upgraded its Surf Air Mobility Inc [SRFM] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Canaccord Genuity’s analysts, who decreased its forecast for the stock in mid May from “a Buy” to “a Hold”. Piper Sandler began covering SRFM with “an Overweight” recommendation on September 08, 2023. Canaccord Genuity started covering the stock on August 28, 2023. It rated SRFM as “a Buy”.
Price Performance Review of SRFM
On Friday, Surf Air Mobility Inc [NYSE:SRFM] saw its stock fall -7.17% to $2.07. Over the last five days, the stock has lost -13.39%. Surf Air Mobility Inc shares have fallen nearly -61.60% since the year began. Nevertheless, the stocks have risen 6.33% over the past one year. While a 52-week high of $6.72 was reached on 01/02/25, a 52-week low of $0.90 was recorded on 04/07/25.
Levels Of Support And Resistance For SRFM Stock
The 24-hour chart illustrates a support level at 1.91, which if violated will result in even more drops to 1.76. On the upside, there is a resistance level at 2.35. A further resistance level may holdings at 2.64.
How much short interest is there in Surf Air Mobility Inc?
A steep rise in short interest was recorded in Surf Air Mobility Inc stocks on 2025-05-30, dropping by 54917.0 shares to a total of 0.83 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 0.88 million shares. There was a decline of -6.62%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on August 22, 2023 when Bernstein began covering the stock and recommended ‘”an Outperform”‘ rating .
