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. Surf Air Mobility Inc shares valued at $184,291 were sold by Shahani Sudhin on Jun 03 ’25. At $2.43 per share, Shahani Sudhin sold 75,840 shares. The insider’s holdings dropped to 549,578 shares worth approximately $1.14 million following the completion of this transaction.
Also, Bland Tyrone D. sold 6,065 shares, netting a total of over 14,920 in proceeds. Following the sale of shares at $2.46 each, the insider now holds 8,901 shares.
Before that, Bland Tyrone D. had sold 3,984 shares from its account. In a trade valued at $9,801, the Director traded Surf Air Mobility Inc shares for $2.46 each. Upon closing the transaction, the insider’s holdings decreased to 3,984 shares, worth approximately $10178.189999999999.
As published in a research note from Canaccord Genuity on April 02, 2025, Surf Air Mobility Inc [SRFM] has been rated up from a Hold to a Buy and the price target has been revised to $3.25. Analysts at Canaccord Genuity downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in mid May. As of September 08, 2023, Piper Sandler has initiated its “an Overweight” rating for SRFM. Earlier on August 28, 2023, Canaccord Genuity initiated its rating. Their recommendation was “a Buy” for SRFM stock.
Analyzing SRFM Stock Performance
On last trading session,, Surf Air Mobility Inc [NYSE: SRFM] rose 2.99% to $2.07. The stock’s lowest price that day was $1.98, but it reached a high of $2.14 in the same session. During the last five days, there has been a drop of approximately -13.75%. Over the course of the year, Surf Air Mobility Inc shares have dropped approximately -61.60%. Shares of the company reached a 52-week high of $6.59 on 01/02/25 and a 52-week low of $1.82 on 04/07/25.
Support And Resistance Levels for Surf Air Mobility Inc (SRFM)
According to the 24-hour chart, there is a support level at 1.99, which, if violated, would cause prices to drop to 1.90. In the upper region, resistance lies at 2.15. The next price resistance is at 2.22. RSI (Relative Strength Index) is 40.37 on the 14-day chart, showing neutral technical sentiment.
Is Surf Air Mobility Inc subject to short interest?
Stocks of Surf Air Mobility Inc saw a sharp steep in short interest on 2025-05-30 dropping by 54917.0 shares to 0.83 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 0.88 million shares. A decline of -6.62% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 3.17 of the overall float, the days-to-cover ratio (short ratio) decline to 3.17.
Which companies own the most shares of Surf Air Mobility Inc (SRFM)?
In terms of Surf Air Mobility Inc share price expectations, FactSet research, analysts set an average price target of 1.3 in the next 12 months, down nearly -35.32% from the previous closing price of $2.01. Analysts anticipate Surf Air Mobility Inc stock to reach 2.2 by 2025, with the lowest price target being 0.4. In spite of this, 1 analysts ranked Surf Air Mobility Inc stock as Hold at the end of 2025.
