Red Cat Holdings Inc’s filing revealed that its Director Freedman Joseph David unloaded Company’s shares for reported $0.34 million on Dec 26 ’24. In the deal valued at $13.61 per share,25,000 shares were sold. As a result of this transaction, Freedman Joseph David now holds 610,190 shares worth roughly $3.63 million.
Then, Freedman Joseph David sold 15,000 shares, generating $213,600 in total proceeds. Upon selling the shares at $14.24, the Director now owns 585,190 shares.
Before that, Freedman Joseph David sold 10,000 shares. Red Cat Holdings Inc shares valued at $122,500 were divested by the Director at a price of $12.25 per share. As a result of the transaction, Freedman Joseph David now holds 600,190 shares, worth roughly $3.57 million.
Northland Capital initiated its Red Cat Holdings Inc [RCAT] rating to an Outperform in a research note published on March 11, 2025; the price target was $13. A number of analysts have revised their coverage, including Ladenburg Thalmann’s analysts, who began to cover the stock in mid June with a ‘”a Buy”‘ rating.
Price Performance Review of RCAT
On Friday, Red Cat Holdings Inc [NASDAQ:RCAT] saw its stock fall -0.67% to $5.95. Over the last five days, the stock has lost -11.59%. Red Cat Holdings Inc shares have fallen nearly -53.70% since the year began. Nevertheless, the stocks have risen 500.89% over the past one year. While a 52-week high of $15.27 was reached on 01/06/25, a 52-week low of $0.80 was recorded on 03/11/25. SMA at 50 days reached $5.95, while 200 days put it at $6.10.
Levels Of Support And Resistance For RCAT Stock
The 24-hour chart illustrates a support level at 5.77, which if violated will result in even more drops to 5.60. On the upside, there is a resistance level at 6.06. A further resistance level may holdings at 6.18. The Relative Strength Index (RSI) on the 14-day chart is 47.12, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.44, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.71%. Stochastics %K at 23.36% indicates the stock is a holding.
