Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Wrap Technologies Inc shares valued at $126,666 were sold by Novick Jared on Aug 29 ’25. At $1.31 per share, Novick Jared sold 96,988 shares. The insider’s holdings dropped to 153,012 shares worth approximately $0.33 million following the completion of this transaction.
Also, Cohen Scot sold 96,989 shares, netting a total of over 126,668 in proceeds. Following the sale of shares at $1.31 each, the insider now holds 6,275,356 shares.
Before that, NORRIS ELWOOD G had sold 30,000 shares from its account. In a trade valued at $50,412, the 10% Owner traded Wrap Technologies Inc shares for $1.68 each. Upon closing the transaction, the insider’s holdings decreased to 30,000 shares, worth approximately $1.86 million.
As published in a research note from Maxim Group on January 25, 2022, Wrap Technologies Inc [WRAP] has been rated down from a Buy to a Hold. Analysts at Ladenburg Thalmann started covering the stock with ‘”a Buy”‘ outlook in a report released in early May. As of April 15, 2021, Maxim Group has initiated its “Buy” rating for WRAP.
Analyzing WRAP Stock Performance
On last trading session, Wrap Technologies Inc [NASDAQ: WRAP] rose 1.90% to $2.14. The stock’s lowest price that day was $2.12, but it reached a high of $2.32 in the same session. During the last five days, there has been a surge of approximately 25.15%. Over the course of the year, Wrap Technologies Inc shares have jumped approximately 46.58%.
Is Wrap Technologies Inc subject to short interest?
Stocks of Wrap Technologies Inc saw a sharp rise in short interest on 2025-08-29 jumping by 0.19 million shares to 5.38 million. Data from Yahoo Finance shows that the short interest on 2025-07-31 was 5.19 million shares. A jump of 3.58% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 25.06 of the overall float, the days-to-cover ratio (short ratio) jumped to 25.06.
