Shoals Technologies Group Inc’s recently made public that its Chief Financial Officer Bardos Dominic acquired Company’s shares for reported $98000.0 on Mar 12 ’25. In the deal valued at $2.80 per share,35,000 shares were bought. As a result of this transaction, Bardos Dominic now holds 418,217 shares worth roughly $2.39 million.
Then, Lund Inez sold 1,900 shares, generating $5,548 in total proceeds. Upon selling the shares at $2.92, the Chief Accounting Officer now owns 61,134 shares.
Before that, TOLNAR JEFFERY sold 2,700 shares. Shoals Technologies Group Inc shares valued at $7,776 were divested by the President at a price of $2.88 per share. As a result of the transaction, TOLNAR JEFFERY now holds 253,426 shares, worth roughly $1.45 million.
Jefferies upgraded its Shoals Technologies Group Inc [SHLS] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including BNP Paribas Exane’s analysts, who decreased its forecast for the stock in mid May from “a Neutral” to “an Underperform”. Wolfe Research began covering SHLS with “Peer perform” recommendation on February 18, 2025. Morgan Stanley revised its rating on December 17, 2024. It rated SHLS as “an Overweight” which previously was an “an Equal-weight”.
Price Performance Review of SHLS
On Tuesday, Shoals Technologies Group Inc [NASDAQ:SHLS] saw its stock fall -9.29% to $5.72. Over the last five days, the stock has gained 34.47%. Shoals Technologies Group Inc shares have fallen nearly -5.22% since the year began. Nevertheless, the stocks have risen 3.35% over the past one year. While a 52-week high of $7.08 was reached on 05/13/25, a 52-week low of $2.71 was recorded on 03/11/25.
Levels Of Support And Resistance For SHLS Stock
The 24-hour chart illustrates a support level at 5.47, which if violated will result in even more drops to 5.23. On the upside, there is a resistance level at 6.04. A further resistance level may holdings at 6.37.
How much short interest is there in Shoals Technologies Group Inc?
A steep rise in short interest was recorded in Shoals Technologies Group Inc stocks on 2025-06-13, growing by 5.78 million shares to a total of 21.68 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 15.9 million shares. There was a rise of 26.66%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on November 25, 2024 when BofA Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $6 price target.
