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. Wrap Technologies Inc shares valued at $1,859,025 were purchased by NORRIS ELWOOD G on Oct 02 ’25. At $2.34 per share, NORRIS ELWOOD G acquired 794,455 shares.
Also, Novick Jared sold 96,988 shares, netting a total of over 126,666 in proceeds. Following the sale of shares at $1.31 each, the insider now holds 153,012 shares.
Before that, Cohen Scot had sold 96,989 shares from its account. In a trade valued at $126,668, the Executive Chairman and CEO traded Wrap Technologies Inc shares for $1.31 each. Upon closing the transaction, the insider’s holdings decreased to 96,989 shares, worth approximately $17.07 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 33.99% to $2.72. The stock’s lowest price that day was $2.02, but it reached a high of $2.76 in the same session. During the last five days, there has been a surge of approximately 23.08%. Over the course of the year, Wrap Technologies Inc shares have jumped approximately 40.93%. Shares of the company reached a 52-week high of $3.00 on 10/06/25 and a 52-week low of $1.20 on 08/07/25.
Support And Resistance Levels for Wrap Technologies Inc (WRAP)
According to the 24-hour chart, there is a support level at 2.24, which, if violated, would cause prices to drop to 1.76. In the upper region, resistance lies at 2.98. The next price resistance is at 3.24. RSI (Relative Strength Index) is 62.88 on the 14-day chart, showing neutral technical sentiment.
Is Wrap Technologies Inc subject to short interest?
Stocks of Wrap Technologies Inc saw a sharp rise in short interest on 2025-11-14 jumping by 0.1 million shares to 5.8 million. Data from Yahoo Finance shows that the short interest on 2025-10-15 was 5.69 million shares. A jump of 1.8% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 17.3 of the overall float, the days-to-cover ratio (short ratio) jumped to 17.3.
