New insider activity at Steel Partners Holdings ( (SPLP) ) has taken place on May 17, 2025.
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President Jack Howard of Steel Partners Holdings recently made significant moves in the stock market. He purchased 29,000 shares of the company’s stock, amounting to a total investment of $701,510. Shortly after, he sold 25,500 shares, generating a return of $617,100. These transactions highlight his active involvement and strategic decisions in managing his stock portfolio.
Recent Updates on SPLP stock
Steel Partners Holdings experienced significant volatility in the past 24 hours, primarily due to its decision to delist from the New York Stock Exchange and move to the OTCQX Best Market. This transition led to a trading halt due to volatility, followed by a notable decline in stock value, with drops of 12.7% and 23.6% reported. The delisting decision and subsequent market reactions have been the main drivers of the recent price movements.
Spark’s Take on SPLP Stock
According to Spark, TipRanks’ AI Analyst, SPLP is a Neutral.
Steel Partners Holdings shows promise with strategic growth and operational improvements. However, financial performance is mixed, and technical indicators suggest caution. The stock is undervalued, which could attract investors. Recent corporate achievements highlight potential, but historical financial instability remains a concern.
To see Spark’s full report on SPLP stock, click here.
More about Steel Partners Holdings
YTD Price Performance: -11.24%
Average Trading Volume: 4,936
Technical Sentiment Signal: Hold
Current Market Cap: $732.5M