Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Wrap Technologies Inc shares valued at $50,412 were sold by NORRIS ELWOOD G on Jun 11 ’25. At $1.68 per share, NORRIS ELWOOD G sold 30,000 shares. The insider’s holdings dropped to 867,100 shares worth approximately $1.33 million following the completion of this transaction.
Also, NORRIS ELWOOD G sold 1,449 shares, netting a total of over 2,233 in proceeds. Following the sale of shares at $1.54 each, the insider now holds 897,100 shares.
Before that, NORRIS ELWOOD G had added 505,542 shares to its account. In a trade valued at $768,423, the 10% Owner bought Wrap Technologies Inc shares for $1.52 each.
As published in a research note from Maxim Group on January 25, 2022, Wrap Technologies Inc [WRAP] has been rated down from a Buy to a Hold. Analysts at Ladenburg Thalmann started covering the stock with ‘”a Buy”‘ outlook in a report released in early May. As of April 15, 2021, Maxim Group has initiated its “Buy” rating for WRAP.
Analyzing WRAP Stock Performance
On last trading session,, Wrap Technologies Inc [NASDAQ: WRAP] plunged -6.13% to $1.53. During the last five days, there has been a drop of approximately -15.47%. Over the course of the year, Wrap Technologies Inc shares have dropped approximately -27.83%. Shares of the company reached a 52-week high of $2.5800 on 02/19/25 and a 52-week low of $1.3000 on 05/30/25.
Support And Resistance Levels for Wrap Technologies Inc (WRAP)
According to the 24-hour chart, there is a support level at 1.4800, which, if violated, would cause prices to drop to 1.4300. In the upper region, resistance lies at 1.6000. The next price resistance is at 1.6700. RSI (Relative Strength Index) is 49.10 on the 14-day chart, showing neutral technical sentiment.
