Scansource, Inc’s recently made public that its SEVP & CIO Hayden Rachel unloaded Company’s shares for reported $0.28 million on Jun 20 ’25. In the deal valued at $41.27 per share,6,738 shares were sold. As a result of this transaction, Hayden Rachel now holds 13,174 shares worth roughly $0.56 million.
Then, Hayden Rachel bought 6,738 shares, generating $278,077 in total proceeds.
Before that, BAUR MICHAEL L sold 10,000 shares. Scansource, Inc shares valued at $398,200 were divested by the CEO, President, BOD Chair at a price of $39.82 per share. As a result of the transaction, BAUR MICHAEL L now holds 132,760 shares, worth roughly $5.63 million.
Northcoast upgraded its Scansource, Inc [SCSC] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in mid August from “an Outperform” to “a Mkt perform”. Northcoast also remained covering SCSC and has decreased its forecast on December 19, 2023 with a “Neutral” recommendation from previously “Buy” rating. Northcoast revised its rating on August 23, 2023. It rated SCSC as “a Buy” which previously was an “a Neutral”.
Price Performance Review of SCSC
On Tuesday, Scansource, Inc [NASDAQ:SCSC] saw its stock jump 1.46% to $42.42. Over the last five days, the stock has gained 1.46%. Scansource, Inc shares have fallen nearly -3.04% since the year began. Nevertheless, the stocks have fallen -10.60% over the past one year. While a 52-week high of $53.90 was reached on 01/21/25, a 52-week low of $28.75 was recorded on 04/07/25.
Levels Of Support And Resistance For SCSC Stock
The 24-hour chart illustrates a support level at 41.52, which if violated will result in even more drops to 40.61. On the upside, there is a resistance level at 43.32. A further resistance level may holdings at 44.21.
How much short interest is there in Scansource, Inc?
A steep rise in short interest was recorded in Scansource, Inc stocks on 2025-06-13, dropping by 50339.0 shares to a total of 1.49 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 1.54 million shares. There was a decline of -3.38%, which implies that there is a negative sentiment for the stock.
