The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Nine Energy Service Inc shares valued at $682,500 were sold by MONROE WILLIAM on Apr 09 ’25. At $0.91 per share, MONROE WILLIAM sold 750,000 shares. The insider’s holdings dropped to 4,113,000 shares worth approximately $2.88 million following the completion of this transaction.
Also, Fox Ann G sold 277,969 shares, netting a total of over 173,731 in proceeds. Following the sale of shares at $0.62 each, the insider now holds 373,795 shares.
Before that, Sirkes Guy had sold 49,897 shares from its account. In a trade valued at $32,433, the insider traded Nine Energy Service Inc shares for $0.65 each. Upon closing the transaction, the insider’s holdings decreased to 49,897 shares, worth approximately $97610.79999999999.
As published in a research note from Citigroup on December 15, 2020, Nine Energy Service Inc [NINE] has been rated up from a Sell to a Neutral and the price target has been revised to $3 from $1. Analysts at Piper Sandler downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in mid May. As of March 27, 2020, Goldman has decreased its “Buy” rating to a “Neutral” for NINE. Earlier on March 13, 2020, Wells Fargo downgraded its rating. Their new recommendation was “an Underweight” for NINE stock which previously was a “an Equal weight”.
Analyzing NINE Stock Performance
On last trading session, Nine Energy Service Inc [NYSE: NINE] rose 2.14% to $0.7. The stock’s lowest price that day was $0.68, but it reached a high of $0.7108 in the same session. During the last five days, there has been a surge of approximately 7.10%. Over the course of the year, Nine Energy Service Inc shares have dropped approximately -37.07%. Shares of the company reached a 52-week high of $1.7800 on 01/22/25 and a 52-week low of $0.4400 on 06/02/25.
Support And Resistance Levels for Nine Energy Service Inc (NINE)
According to the 24-hour chart, there is a support level at 0.6844, which, if violated, would cause prices to drop to 0.6639. In the upper region, resistance lies at 0.7181. The next price resistance is at 0.7313. RSI (Relative Strength Index) is 56.63 on the 14-day chart, showing neutral technical sentiment.
Is Nine Energy Service Inc subject to short interest?
Stocks of Nine Energy Service Inc saw a sharp rise in short interest on 2025-08-15 jumping by 0.22 million shares to 2.63 million. Data from Yahoo Finance shows that the short interest on 2025-07-15 was 2.41 million shares. A jump of 8.44% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 4.09 of the overall float, the days-to-cover ratio (short ratio) jumped to 4.09.
Which companies own the most shares of Nine Energy Service Inc (NINE)?
In terms of Nine Energy Service Inc share price expectations, FactSet research, analysts set an average price target of 18 in the next 12 months, up nearly 2508.7% from the previous closing price of $0.69. Analysts anticipate Nine Energy Service Inc stock to reach 18 by 2025, with the lowest price target being 18. In spite of this, 1 analysts ranked Nine Energy Service Inc stock as Buy at the end of 2025.
