New insider activity at Bolt Projects Holdings ( (BSLK) ) has taken place on May 17, 2025.
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President Cintia Nardi recently sold 4,727 shares of Bolt Projects Holdings, amounting to a total transaction value of $27,790.
Recent Updates on BSLK stock
In the last 24 hours, Bolt Projects Holdings experienced significant trading volatility, leading to multiple halts and resumptions of trading. The volatility was primarily attributed to the company’s announcement of a reverse stock split, which is often used to increase the stock price by reducing the number of shares outstanding. Additionally, the company reported a 37% increase in revenue for 2024 and unveiled new vegan silk technology, which may have contributed to the market’s reaction. These developments likely influenced analysts’ reassessment of the stock’s price target, as they reflect both strategic corporate actions and positive financial performance.
Spark’s Take on BSLK Stock
According to Spark, TipRanks’ AI Analyst, BSLK is a Underperform.
Despite some positive corporate events and reasonable valuation, Bolt Projects Holdings faces significant financial challenges that weigh heavily on its overall score. The company’s ongoing financial instability, negative cash flows, and high leverage pose substantial risks. Technical analysis provides some short-term optimism, but long-term outlook remains uncertain until fundamental improvements are realized.
To see Spark’s full report on BSLK stock, click here.
More about Bolt Projects Holdings
YTD Price Performance: -39.32%
Average Trading Volume: 62,890
Technical Sentiment Signal: Sell
Current Market Cap: $12.58M