Faro Technologies Inc’s recently made public that its SVP & Chief Financial Officer Horwath Matthew unloaded Company’s shares for reported $4714.0 on Mar 18 ’25. In the deal valued at $28.40 per share,166 shares were sold. As a result of this transaction, Horwath Matthew now holds 39,264 shares worth roughly $1.72 million.
Then, Horwath Matthew bought 166 shares, generating $4,714 in total proceeds.
Before that, Horwath Matthew sold 1,480 shares. Faro Technologies Inc shares valued at $43,364 were divested by the SVP & Chief Financial Officer at a price of $29.30 per share. As a result of the transaction, Horwath Matthew now holds 39,430 shares, worth roughly $1.73 million.
Craig Hallum upgraded its Faro Technologies Inc [FARO] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who decreased its forecast for the stock in late April from “a Buy” to “a Hold”. Needham also remained covering FARO and has increased its forecast on October 07, 2021 with a “Buy” recommendation from previously “Hold” rating. Craig Hallum revised its rating on February 21, 2020. It rated FARO as “a Buy” which previously was an “a Hold”.
Price Performance Review of FARO
On Tuesday, Faro Technologies Inc [NASDAQ:FARO] saw its stock fall -0.05% to $43.9. Over the last five days, the stock has gained 0.02%. Faro Technologies Inc shares have risen nearly 159.76% since the year began. Nevertheless, the stocks have risen 73.11% over the past one year. While a 52-week high of $44.06 was reached on 07/08/25, a 52-week low of $13.52 was recorded on 04/04/25.
Levels Of Support And Resistance For FARO Stock
The 24-hour chart illustrates a support level at 43.87, which if violated will result in even more drops to 43.83. On the upside, there is a resistance level at 43.97. A further resistance level may holdings at 44.03.
How much short interest is there in Faro Technologies Inc?
A steep rise in short interest was recorded in Faro Technologies Inc stocks on 2025-06-13, growing by 0.4 million shares to a total of 1.92 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 1.52 million shares. There was a rise of 20.92%, which implies that there is a positive sentiment for the stock.
