Taronis Technologies, Inc. (NASDAQ:TRNX) has made a 64.34% comeback from a 12-month low price of $0.13. It was seen 9% higher, changing the price to $0.21, when the closing bell rang on 7/10/2019. At a recent session, the prices were hovering between $0.2002 and $0.23. This company shares are 2995.24% off its target price of $6.5 and the current market capitalization stands at $7.35M. The recent change has given its price a -47.54% deficit over SMA 50 and -98.44% deficit over its 52-week high. The stock witnessed -44.95% declines, -67.38% declines and -95.48% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found TRNX’s volatility during a week at 42.94% and during a month it has been found around 23.5%.

Taronis Technologies, Inc. (TRNX) Top Holders

Institutional investors currently hold around $1 million or 19.7% in TRNX stock. Look at its top three institutional owners: Anson Funds Management Lp owns $183 thousand in Taronis Technologies, Inc., which represents roughly 2.49% of the company’s market cap and approximately 18.3% of the institutional ownership. Similar statistics are true for the second largest owner, Sabby Management, Llc, which owns 721,600 shares of the stock are valued at $141 thousand. The third largest holder is Ameriprise Financial Inc, which currently holds $68 thousand worth of this stock and that ownership represents nearly 0.93% of its market capitalization.

Taronis Technologies, Inc. 13F Filings

At the end of March reporting period, 14 institutional holders increased their position in Taronis Technologies, Inc. (NASDAQ:TRNX) by some 2,586,096 shares, 8 decreased positions by 3,553 and 5 held positions by 113,263. That puts total institutional holdings at 2,702,912 shares, according to SEC filings. The stock grabbed 8 new institutional investments totaling 2,306,131 shares while 6 institutional investors sold out their entire positions totaling 3,551 shares.

Taronis Technologies, Inc. (NASDAQ:TRNX) Insider Trades

Multiple company employees have indulged in significant insider trading. Taronis Technologies, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Sr VP, Product Delivery van Ummersen Gordon has sold 2,793 shares of Taronis Technologies, Inc. (TRNX) in the trading session dated Jun. 03, 2015. These shares are worth $74,015 and were traded at $26.5 each. The SEC filing shows that Rich Terry performed a sale of 5,315 shares. The Sr VP US Commercial Operations disposed these shares by way of transaction on Jun. 03, 2015. The company’s shares were given away at $26.55 per share worth to an income of some $141,113 to the account of Rich Terry.

President and CEO, Mowry David H, sold 8,435 common shares of Taronis Technologies, Inc. (TRNX) in the open market. In a transaction dated Jun. 03, 2015, the shares were put up for sale at an average price of $26.59, raking in a sum of $224,287. After this sale, 77,263 common shares of TRNX are directly owned by the insider, with total stake valued at $16,225.

In the transaction dated Jun. 03, 2015, a great number of shares sold came courtesy the Global VP, Human Resources; Morrison Gregory disposed a total of 2,597 shares at an average price of $26.49, amounting to approximately $68,795. The insider now directly owns 45,361 shares worth $9,526.

Taronis Technologies, Inc. (TRNX) Analyst Guide

Not many analysts have released their opinion on Taronis Technologies, Inc. (NASDAQ:TRNX), with 0 analysts believing it is a strong buy. Whereas 0 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2 average brokerage recommendation [T1].