In a filing, Red Cat Holdings Inc revealed its Director Freedman Joseph David unloaded Company’s shares for reported $1.11 million on Jun 30 ’25. In the deal valued at $7.37 per share,150,000 shares were sold. As a result of this transaction, Freedman Joseph David now holds 165,260 shares worth roughly $1.12 million.
Then, Freedman Joseph David sold 25,000 shares, generating $340,250 in total proceeds. Upon selling the shares at $13.61, the Director now owns 610,190 shares.
Before that, Freedman Joseph David sold 15,000 shares. Red Cat Holdings Inc shares valued at $213,600 were divested by the Director at a price of $14.24 per share. As a result of the transaction, Freedman Joseph David now holds 585,190 shares, worth roughly $3.97 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 Monday, Red Cat Holdings Inc [NASDAQ:RCAT] saw its stock fall -4.10% to $6.79. Over the last five days, the stock has lost -5.30%. Red Cat Holdings Inc shares have risen nearly 480.34% since the year began. Nevertheless, the stocks have fallen -47.16% over the past one year. While a 52-week high of $15.27 was reached on 01/06/25, a 52-week low of $1.10 was recorded on 03/11/25.
Levels Of Support And Resistance For RCAT Stock
The 24-hour chart illustrates a support level at 6.67, which if violated will result in even more drops to 6.56. On the upside, there is a resistance level at 6.95. A further resistance level may holdings at 7.12.
How much short interest is there in Red Cat Holdings Inc?
A steep rise in short interest was recorded in Red Cat Holdings Inc stocks on 2025-06-13, dropping by -0.49 million shares to a total of 11.44 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 11.93 million shares. There was a decline of -4.31%, which implies that there is a negative sentiment for the stock.
