Gogo Inc’s recent filing unveils that 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 $50.47 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 $1.26 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 0.42% to $12.09. Over the last five days, the stock has gained 8.82%. Gogo Inc shares have risen nearly 49.44% since the year began. Nevertheless, the stocks have risen 23.87% 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.
Levels Of Support And Resistance For GOGO Stock
The 24-hour chart illustrates a support level at 11.79, which if violated will result in even more drops to 11.50. On the upside, there is a resistance level at 12.42. A further resistance level may holdings at 12.75.
How much short interest is there in Gogo Inc?
A steep rise in short interest was recorded in Gogo Inc stocks on 2025-05-30, dropping by -1.64 million shares to a total of 21.6 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 23.24 million shares. There was a decline of -7.59%, which implies that there is a negative sentiment for the stock.
