Investing in Redwire Corporation (RDW) Is Getting More Attractive

In a filing, Redwire Corporation revealed its Chief Financial Officer Baliff Jonathan acquired Company’s shares for reported $24684.0 on Mar 19 ’25. In the deal valued at $11.38 per share,2,170 shares were bought. As a result of this transaction, Baliff Jonathan now holds 1,028,954 shares worth roughly $21.17 million.

Then, Isham Joanne O’Rourke bought 4,578 shares, generating $50,451 in total proceeds. Upon buying the shares at $11.02, the Director now owns 83,595 shares.

Before that, Cannito Peter Anthony Jr bought 10,683 shares. Redwire Corporation shares valued at $99,992 were divested by the Chairman and CEO at a price of $9.36 per share. As a result of the transaction, Cannito Peter Anthony Jr now holds 466,180 shares, worth roughly $9.59 million.

B. Riley Securities upgraded its Redwire Corporation [RDW] rating to a Buy from a a Neutral in a research note published on January 27, 2025; the price target was increased to $27 from $9.50. H.C. Wainwright began covering RDW with “Buy” recommendation on November 26, 2024. B. Riley Securities revised its rating on October 29, 2024. It rated RDW as “a Neutral” which previously was an “a Buy”.

Price Performance Review of RDW

On Monday, Redwire Corporation [NYSE:RDW] saw its stock jump 7.81% to $20.57. Over the last five days, the stock has gained 3.06%. Redwire Corporation shares have risen nearly 24.97% since the year began. Nevertheless, the stocks have risen 241.69% over the past one year. While a 52-week high of $26.66 was reached on 02/13/25, a 52-week low of $4.87 was recorded on 04/07/25.

Levels Of Support And Resistance For RDW Stock

The 24-hour chart illustrates a support level at 19.68, which if violated will result in even more drops to 18.80. On the upside, there is a resistance level at 21.01. A further resistance level may holdings at 21.46.

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