WiSA Technologies, Inc. (NASDAQ:WISA) Insider Brett Moyer Sells 6,553 Shares

WiSA Technologies, Inc. (NASDAQ:WISA) insider Brett Moyer sold 6,553 shares of the firm’s stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $1.79, for a total value of $11,729.87. Following the completion of the sale, the insider now directly owns 243,295 shares of the company’s stock, valued at approximately $435,498.05. This trade represents a 2.62 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Brett Moyer also recently made the following trade(s):

• On Wednesday, November 20th, Brett Moyer sold 84 shares of WiSA Technologies stock. The stock was sold at an average price of $1.98, for a total value of $166.32.

WiSA Technologies Stock Up 10.7 %

Shares of NASDAQ:WISA opened at $2.28 on Friday. WiSA Technologies, Inc. has a 52 week low of $1.15 and a 52 week high of $18.75. The business has a fifty day simple moving average of $1.78 and a 200-day simple moving average of $1.99.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in WiSA Technologies stock. State Street Corp acquired a new stake in shares of WiSA Technologies, Inc. (NASDAQ:WISA) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 19,502 shares of the company’s stock, valued at approximately $35,000. State Street Corp owned 0.35% of WiSA Technologies as of its most recent SEC filing. Institutional investors and hedge funds own 0.66% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Ascendiant Capital Markets reduced their price target on shares of WiSA Technologies from $14.00 to $11.00 and set a “buy” rating on the stock in a report on Friday, December 6th.

About WiSA Technologies

WiSA Technologies, Inc develops, manufactures, and sells audio wireless technology for smart devices and next-generation home entertainment systems in the United States and Europe. The company offers wireless modules. It serves primarily to consumer electronics companies. The company was formerly known as Summit Wireless Technologies, Inc and changed its name to WiSA Technologies Inc in March 2022.