Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Cerence Inc shares valued at $1,513,381 were sold by Krzanich Brian M on Oct 09 ’25. At $11.46 per share, Krzanich Brian M sold 132,075 shares. The insider’s holdings dropped to 905,987 shares worth approximately $10.24 million following the completion of this transaction.
Also, Salinas Jennifer sold 77,994 shares, netting a total of over 960,278 in proceeds. Following the sale of shares at $12.31 each, the insider now holds 346,289 shares.
Before that, Salinas Jennifer had sold 64,784 shares from its account. In a trade valued at $826,469, the EVP Chief Admin Officer traded Cerence Inc shares for $12.76 each. Upon closing the transaction, the insider’s holdings decreased to 64,784 shares, worth approximately $4.79 million.
Analysts at Needham upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in late January. As of May 10, 2024, Wells Fargo has decreased its “an Overweight” rating to a “an Equal weight” for CRNC.
Analyzing CRNC Stock Performance
On last trading session, Cerence Inc [NASDAQ: CRNC] rose 2.54% to $11.3. The stock’s lowest price that day was $10.8, but it reached a high of $11.4 in the same session. During the last five days, there has been a drop of approximately -5.83%. Over the course of the year, Cerence Inc shares have dropped approximately -10.17%.
Is Cerence Inc subject to short interest?
Stocks of Cerence Inc saw a sharp steep in short interest on 2025-12-31 dropping by -0.6 million shares to 7.36 million. Data from Yahoo Finance shows that the short interest on 2025-11-28 was 7.97 million shares. A decline of -8.17% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 7.58 of the overall float, the days-to-cover ratio (short ratio) decline to 7.58.
Which companies own the most shares of Cerence Inc (CRNC)?
In terms of Cerence Inc share price expectations, FactSet research, analysts set an average price target of 11 in the next 12 months, down nearly -0.18% from the previous closing price of $11.02. Analysts anticipate Cerence Inc stock to reach 11 by 2026, with the lowest price target being 11. In spite of this, 11 analysts ranked Cerence Inc stock as Hold at the end of 2026. On February 07, 2024, Craig Hallum assigned a price target of “a Hold” to the stock and downgraded coverage with a $22.
