The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Scansource, Inc shares valued at $398,200 were sold by BAUR MICHAEL L on May 21 ’25. At $39.82 per share, BAUR MICHAEL L sold 10,000 shares. The insider’s holdings dropped to 132,760 shares worth approximately $5.4 million following the completion of this transaction.
Also, BAUR MICHAEL L purchased 10,000 shares, netting a total of over 398,163 in proceeds.
Before that, Jones Stephen had sold 2,000 shares from its account. In a trade valued at $72,280, the SEVP & CFO traded Scansource, Inc shares for $36.14 each. Upon closing the transaction, the insider’s holdings decreased to 2,000 shares, worth approximately $2.84 million.
As published in a research note from Northcoast on May 06, 2025, Scansource, Inc [SCSC] has been rated up from a Neutral to a Buy and the price target has been revised to $42. Analysts at Raymond James downgraded the stock from ‘”an Outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in mid August. As of December 19, 2023, Northcoast has decreased its “Buy” rating to a “Neutral” for SCSC. Earlier on August 23, 2023, Northcoast upgraded its rating. Their new recommendation was “a Buy” for SCSC stock which previously was a “a Neutral”.
Analyzing SCSC Stock Performance
On last trading session,, Scansource, Inc [NASDAQ: SCSC] rose 0.35% to $40.71. During the last five days, there has been a drop of approximately -1.95%. Over the course of the year, Scansource, Inc shares have dropped approximately -14.20%. Shares of the company reached a 52-week high of $52.06 on 01/21/25 and a 52-week low of $28.75 on 04/07/25.
Support And Resistance Levels for Scansource, Inc (SCSC)
According to the 24-hour chart, there is a support level at 40.29, which, if violated, would cause prices to drop to 39.87. In the upper region, resistance lies at 41.31. The next price resistance is at 41.90. RSI (Relative Strength Index) is 55.33 on the 14-day chart, showing neutral technical sentiment.
