Cerence Inc’s recently made public that its EVP Chief Admin Officer Salinas Jennifer unloaded Company’s shares for reported $0.96 million on Oct 07 ’25. In the deal valued at $12.31 per share,77,994 shares were sold. As a result of this transaction, Salinas Jennifer now holds 346,289 shares worth roughly $4.23 million.
Then, Salinas Jennifer sold 64,784 shares, generating $826,469 in total proceeds. Upon selling the shares at $12.76, the EVP Chief Admin Officer now owns 424,283 shares.
Before that, Rodriquez Antonio sold 38,347 shares. Cerence Inc shares valued at $489,204 were divested by the CFO at a price of $12.76 per share. As a result of the transaction, Rodriquez Antonio now holds 276,731 shares, worth roughly $3.38 million.
A number of analysts have revised their coverage, including Needham’s analysts, who increased its forecast for the stock in late January from “a Hold” to “a Buy”. Wells Fargo also remained covering CRNC and has decreased its forecast on May 10, 2024 with a “an Equal weight” recommendation from previously “an Overweight” rating.
Price Performance Review of CRNC
On Tuesday, Cerence Inc [NASDAQ:CRNC] saw its stock fall -3.09% to $12.22. Over the last five days, the stock has lost -1.93%. Cerence Inc shares have risen nearly 362.88% since the year began. Nevertheless, the stocks have risen 55.67% over the past one year. While a 52-week high of $27.50 was reached on 01/06/25, a 52-week low of $2.76 was recorded on 04/07/25.
Levels Of Support And Resistance For CRNC Stock
The 24-hour chart illustrates a support level at 11.67, which if violated will result in even more drops to 11.12. On the upside, there is a resistance level at 12.77. A further resistance level may holdings at 13.32.
How much short interest is there in Cerence Inc?
A steep rise in short interest was recorded in Cerence Inc stocks on 2025-09-15, dropping by 38038.0 shares to a total of 8.08 million shares. Yahoo Finance data shows the prior-month short interest on 2025-08-15 was 8.12 million shares. There was a decline of -0.47%, which implies that there is a negative sentiment for the stock.
