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. Myomo Inc shares valued at $17,057 were purchased by Harry Kovelman on Jun 06 ’25. At $2.97 per share, Harry Kovelman acquired 5,743 shares.
Also, David Henry purchased 8,373 shares, netting a total of over 24,868 in proceeds.
Before that, KIRK THOMAS F had added 36,824 shares to its account. In a trade valued at $119,678, the Director bought Myomo Inc shares for $3.25 each. Upon closing the transaction, the insider’s holdings increased to 36,824 shares, worth approximately $0.93 million.
As published in their initiating research note from Craig Hallum on July 31, 2024, Myomo Inc [MYO] has been a Buy and the price target has been revised to $7. Analysts at Lake Street started covering the stock with ‘”a Buy”‘ outlook in a report released in mid May. As of December 15, 2023, H.C. Wainwright has initiated its “Buy” rating for MYO. Earlier on November 11, 2020, ROTH Capital upgraded its rating. Their new recommendation was “a Buy” for MYO stock which previously was a “a Neutral”.
Analyzing MYO Stock Performance
On last trading session,, Myomo Inc [AMEX: MYO] plunged -1.45% to $2.71. The stock’s lowest price that day was $2.69, but it reached a high of $2.83 in the same session. During the last five days, there has been a drop of approximately -5.24%. Over the course of the year, Myomo Inc shares have dropped approximately -57.92%. Shares of the company reached a 52-week high of $7.17 on 01/07/25 and a 52-week low of $2.69 on 06/18/25.
Support And Resistance Levels for Myomo Inc (MYO)
According to the 24-hour chart, there is a support level at 2.66, which, if violated, would cause prices to drop to 2.60. In the upper region, resistance lies at 2.80. The next price resistance is at 2.88. RSI (Relative Strength Index) is 26.39 on the 14-day chart, showing oversold technical sentiment.
Is Myomo Inc subject to short interest?
Stocks of Myomo Inc saw a sharp rise in short interest on 2025-05-30 jumping by 0.11 million shares to 1.06 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 0.95 million shares. A jump of 10.15% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 1.71 of the overall float, the days-to-cover ratio (short ratio) jumped to 1.71.
Which companies own the most shares of Myomo Inc (MYO)?
In terms of Myomo Inc share price expectations, FactSet research, analysts set an average price target of 11 in the next 12 months, up nearly 300.0% from the previous closing price of $2.75. Analysts anticipate Myomo Inc stock to reach 11 by 2025, with the lowest price target being 11. In spite of this, 6 analysts ranked Myomo Inc stock as Buy at the end of 2025. On May 27, 2020, Dougherty & Company assigned a price target of “a Buy” to the stock and initiated coverage with a $8.50.
