Ispire Technology (NASDAQ:ISPR) Stock Price Down 8. 1% - Here's What Happened
Ispire Technology Inc. (NASDAQ:ISPR-Get Free Report)'s stock price was down 8. 1% on Thursday . The stock traded as low as $1. 55 and last traded at $1. 59. 11,767 shares were traded during trading, a decline of. . .
Ispire Technology Inc. (NASDAQ:ISPR-Get Free Report)'s stock price was down 8. 1% on Thursday . The stock traded as low as $1. 55 and last traded at $1. 59. 11,767 shares were traded during trading, a decline of 70% from the average session volume of 38,766 shares. The stock had previously closed at $1. 73. GetIspire Technologyalerts:Analysts Set New Price TargetsISPR has been the topic of several research reports. Weiss Ratingsrestated a "sell (e+)" rating on shares of Ispire Technology in a research note on Friday, August 7th. BTIG Research initiated coverage on shares of Ispire Technology in a research report on Tuesday, July 21st. They set a "buy" rating and a $3. 50 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat. com, Ispire Technology currently has a consensus rating of "Hold" and an average target price of $3. 50. Get Our Latest Stock Analysis on ISPRIspire Technology Price PerformanceThe company has a market cap of $91. 27 million, a P/E ratio of -2. 61 and a beta of 2. 06. The stock has a 50-day moving average of $1. 61 and a 200 day moving average of $1. 95. Institutional Investors Weigh In On Ispire TechnologySeveral institutional investors and hedge funds have recently added to or reduced their stakes in ISPR. JPMorgan Chase & Co. raised its stake in Ispire Technology by 28. 5% during the third quarter. JPMorgan Chase & Co. now owns 18,529 shares of the company's stock worth $47,000 after acquiring an additional 4,107 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Ispire Technology by 10. 7% in the 4th quarter. Goldman Sachs Group Inc. now owns 43,542 shares of the company's stock valued at $122,000 after purchasing an additional 4,226 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of Ispire Technology by 35. 3% during the 4th quarter. Bank of America Corp DE now owns 19,156 shares of the company's stock valued at $96,000 after purchasing an additional 4,997 shares during the last quarter. Wells Fargo & Company MN grew its holdings in shares of Ispire Technology by 78. 1% during the 4th quarter. Wells Fargo & Company MN now owns 20,611 shares of the company's stock valued at $58,000 after purchasing an additional 9,037 shares during the last quarter. Finally, Renaissance Technologies LLC acquired a new position in Ispire Technology during the 4th quarter worth approximately $28,000. 5. 00% of the stock is currently owned by institutional investors. About Ispire Technology(Get Free Report)Ispire Technology Inc researches, develops, designs, commercializes, sales, markets, and distributes e-cigarettes and cannabis vaping products worldwide. The company was founded in 2019 and is based in Los Angeles, California. Ispire Technology Inc operates as a subsidiary of Pride Worldwide Investment Limited. See AlsoFive stocks we like better than Ispire TechnologyAsian Market Circuit Breakers Hit Stocks, Not AI DemandRiot Platforms Re-Wires the Ledger for a $9B AI Power PlayNebius Just Exploded 34% on Blowout Earnings—Is It Time to Buy?Joby’s Defense Pivot Accelerates With $500M Resonant Sciences DealThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat. com. Continue following MarketBeatAdd MarketBeat as your preferred source on Google to see our latest stories in your feed. Should You Invest $1,000 in Ispire Technology Right Now?Before you consider Ispire Technology, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified thefive stocksthat top analysts are quietly whispering to their clients to buy now before the broader market catches on. . . and Ispire Technology wasn't on the list. While Ispire Technology currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks HereMarketBeat just released its list of the 7 hottest IPOs expected to hit Wall Street in 2026. See which companies are preparing to go public and why investors are watching closely. Get This Free Report