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

WiSA Technologies, Inc. (NASDAQ:WISA) insider Brett Moyer sold 6,553 shares of the stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $1.79, for a total transaction of $11,729.87. Following the sale, the insider now owns 243,295 shares in the company, valued at $435,498.05. The trade was a 2.62 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

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

WiSA Technologies Price Performance

Shares of WISA stock opened at $2.30 on Friday. The business’s 50-day moving average price is $1.80 and its 200-day moving average price is $1.98. WiSA Technologies, Inc. has a 12 month low of $1.15 and a 12 month high of $18.75.

Analyst Upgrades and Downgrades

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

Institutional Trading of WiSA Technologies

A hedge fund recently bought a new stake in WiSA Technologies stock. State Street Corp bought a new stake in WiSA Technologies, Inc. (NASDAQ:WISA) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 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.

WiSA Technologies Company Profile

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.