Cerence Inc’s recent filing unveils that its Former Director MR THOMAS L. BEAUDOIN acquired Company’s shares for reported $0.22 million on May 09 ’25. In the deal valued at $9.27 per share,23,724 shares were bought.
Then, MR THOMAS L. BEAUDOIN bought 16,073 shares, generating $149,503 in total proceeds.
Before that, MR THOMAS L. BEAUDOIN bought 10,000 shares. Cerence Inc shares valued at $93,959 were divested by the Former Director at a price of $9.40 per share.
A number of analysts have revised their coverage, including Needham’s analysts, who increased its forecast for the stock in late January from “a Hold” to “a Buy”. Wells Fargo also remained covering CRNC and has decreased its forecast on May 10, 2024 with a “an Equal weight” recommendation from previously “an Overweight” rating.
Price Performance Review of CRNC
On Tuesday, Cerence Inc [NASDAQ:CRNC] saw its stock fall -2.63% to $10.37. Over the last five days, the stock has gained 1.57%. Cerence Inc shares have risen nearly 246.82% since the year began. Nevertheless, the stocks have risen 32.10% over the past one year. While a 52-week high of $27.50 was reached on 01/06/25, a 52-week low of $2.34 was recorded on 04/07/25.
Levels Of Support And Resistance For CRNC Stock
The 24-hour chart illustrates a support level at 9.72, which if violated will result in even more drops to 9.07. On the upside, there is a resistance level at 11.47. A further resistance level may holdings at 12.57.
How much short interest is there in Cerence Inc?
A steep rise in short interest was recorded in Cerence Inc stocks on 2025-06-13, growing by 72838.0 shares to a total of 8.88 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 8.81 million shares. There was a rise of 0.82%, which implies that there is a positive sentiment for the stock.
