Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. SmartRent Inc shares valued at $49,999 were purchased by Paladin Michael Shane on Mar 13 ’25. At $1.14 per share, Paladin Michael Shane acquired 43,859 shares. The insider’s holdings grew to 43,859 shares worth approximately $40350.28 following the completion of this transaction.
Also, DORMAN JOHN C purchased 125,000 shares, netting a total of over 150,000 in proceeds. Following the buying of shares at $1.20 each, the insider now holds 229,965 shares.
Before that, STEMM DARYL had added 10,000 shares to its account. In a trade valued at $12,350, the CFO bought SmartRent Inc shares for $1.24 each. Upon closing the transaction, the insider’s holdings increased to 10,000 shares, worth approximately $70170.24.
As published in a research note from Keefe Bruyette on August 08, 2024, SmartRent Inc [SMRT] has been rated down from an Outperform to a Mkt perform. Analysts at Cantor Fitzgerald downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in early August. As of August 02, 2024, BTIG Research has decreased its “Buy” rating to a “Neutral” for SMRT. Earlier on July 31, 2024, DA Davidson downgraded its rating. Their new recommendation was “a Neutral” for SMRT stock which previously was a “a Buy”.
Analyzing SMRT Stock Performance
On last trading session,, SmartRent Inc [NYSE: SMRT] plunged -1.84% to $0.92. The stock’s lowest price that day was $0.9, but it reached a high of $0.93 in the same session. During the last five days, there has been a surge of approximately 2.17%. Over the course of the year, SmartRent Inc shares have dropped approximately -60.82%. Shares of the company reached a 52-week high of $1.8500 on 01/06/25 and a 52-week low of $0.6710 on 04/11/25.
Support And Resistance Levels for SmartRent Inc (SMRT)
According to the 24-hour chart, there is a support level at 0.9032, which, if violated, would cause prices to drop to 0.8855. In the upper region, resistance lies at 0.9353. The next price resistance is at 0.9497. RSI (Relative Strength Index) is 54.58 on the 14-day chart, showing neutral technical sentiment.
Is SmartRent Inc subject to short interest?
Stocks of SmartRent Inc saw a sharp rise in short interest on 2025-05-30 jumping by 2.63 million shares to 8.25 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 5.61 million shares. A jump of 31.94% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 3.79 of the overall float, the days-to-cover ratio (short ratio) jumped to 3.79.
Which companies own the most shares of SmartRent Inc (SMRT)?
In terms of SmartRent Inc share price expectations, FactSet research, analysts set an average price target of 4 in the next 12 months, up nearly 325.53% from the previous closing price of $0.94. Analysts anticipate SmartRent Inc stock to reach 6 by 2025, with the lowest price target being 2. In spite of this, 2 analysts ranked SmartRent Inc stock as Buy at the end of 2025.
