Cerence Inc’s filing revealed that its Chief Executive Officer Krzanich Brian M unloaded Company’s shares for reported $1.51 million on Oct 09 ’25. In the deal valued at $11.46 per share,132,075 shares were sold. As a result of this transaction, Krzanich Brian M now holds 905,987 shares worth roughly $10.38 million.
Then, Salinas Jennifer sold 77,994 shares, generating $960,278 in total proceeds. Upon selling the shares at $12.31, the EVP Chief Admin Officer now owns 346,289 shares.
Before that, Salinas Jennifer sold 64,784 shares. Cerence Inc shares valued at $826,469 were divested by the EVP Chief Admin Officer at a price of $12.76 per share. As a result of the transaction, Salinas Jennifer now holds 424,283 shares, worth roughly $4.86 million.
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 jump 0.61% to $11.46. Over the last five days, the stock has lost -3.70%. Cerence Inc shares have risen nearly 313.72% since the year began. Nevertheless, the stocks have risen 45.99% over the past one year. While a 52-week high of $27.50 was reached on 01/06/25, a 52-week low of $2.80 was recorded on 04/07/25.
Levels Of Support And Resistance For CRNC Stock
The 24-hour chart illustrates a support level at 11.29, which if violated will result in even more drops to 11.11. On the upside, there is a resistance level at 11.59. A further resistance level may holdings at 11.71.
How much short interest is there in Cerence Inc?
A steep rise in short interest was recorded in Cerence Inc stocks on 2025-10-15, dropping by -1.15 million shares to a total of 6.93 million shares. Yahoo Finance data shows the prior-month short interest on 2025-09-15 was 8.08 million shares. There was a decline of -16.56%, which implies that there is a negative sentiment for the stock.
