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. Orion Energy Systems Inc shares valued at $2,201 were purchased by Washlow Sally A. on Jun 24 ’24. At $1.42 per share, Washlow Sally A. acquired 1,550 shares. The insider’s holdings grew to 51,300 shares worth approximately $29240.999999999996 following the completion of this transaction.
Also, Washlow Sally A. purchased 1,200 shares, netting a total of over 1,464 in proceeds. Following the buying of shares at $1.22 each, the insider now holds 52,500 shares.
Before that, Washlow Sally A. had added 1,080 shares to its account. In a trade valued at $1,339, the Director bought Orion Energy Systems Inc shares for $1.24 each. Upon closing the transaction, the insider’s holdings increased to 1,080 shares, worth approximately $30540.6.
As published in a research note from B. Riley Securities on November 10, 2021, Orion Energy Systems Inc [OESX] has been rated down from a Buy to a Neutral and the price target has been revised to $8.50 from $5. Analysts at ROTH Capital downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early June. Earlier on March 16, 2020, ROTH Capital upgraded its rating. Their new recommendation was “a Buy” for OESX stock which previously was a “a Neutral”.
Analyzing OESX Stock Performance
On last trading session,, Orion Energy Systems Inc [NASDAQ: OESX] rose 2.36% to $0.57. During the last five days, there has been a drop of approximately -6.31%. Over the course of the year, Orion Energy Systems Inc shares have dropped approximately -28.97%. Shares of the company reached a 52-week high of $0.9700 on 02/20/25 and a 52-week low of $0.5550 on 06/18/25.
Support And Resistance Levels for Orion Energy Systems Inc (OESX)
According to the 24-hour chart, there is a support level at 0.5590, which, if violated, would cause prices to drop to 0.5498. In the upper region, resistance lies at 0.5735. The next price resistance is at 0.5788. RSI (Relative Strength Index) is 35.75 on the 14-day chart, showing neutral technical sentiment.
Which companies own the most shares of Orion Energy Systems Inc (OESX)?
In spite of this, 2 analysts ranked Orion Energy Systems Inc stock as Buy at the end of 2025. On September 04, 2019, B. Riley FBR assigned a price target of “a Buy” to the stock and initiated coverage with a $4.