Pfizer Inc.’s recent filing unveils that its Director Gottlieb Scott acquired Company’s shares for reported $79401.0 on Dec 15 ’23. In the deal valued at $26.47 per share,3,000 shares were bought. As a result of this transaction, Gottlieb Scott now holds 9,000 shares worth roughly $0.24 million.
Then, Gottlieb Scott bought 1,000 shares, generating $38,580 in total proceeds. Upon buying the shares at $38.58, the Director now owns 6,000 shares.
Before that, Gottlieb Scott bought 1,000 shares. Pfizer Inc. shares valued at $38,425 were divested by the Director at a price of $38.42 per share. As a result of the transaction, Gottlieb Scott now holds 5,000 shares, worth roughly $0.13 million.
Argus downgraded its Pfizer Inc. [PFE] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Guggenheim’s analysts, who began to cover the stock in late February with a ‘”a Buy”‘ rating. TD Cowen also remained covering PFE and has decreased its forecast on January 04, 2024 with a “Market perform” recommendation from previously “an Outperform” rating.
Price Performance Review of PFE
On Friday, Pfizer Inc. [NYSE:PFE] saw its stock jump 0.04% to $26.66. Over the last five days, the stock has lost -3.93%. Pfizer Inc. shares have fallen nearly -7.40% since the year began. Nevertheless, the stocks have fallen -34.82% over the past one year. While a 52-week high of $42.22 was reached on 01/02/24, a 52-week low of $25.61 was recorded on 03/04/24. SMA at 50 days reached $27.35, while 200 days put it at $31.30. A total of 39.48 million shares were traded, compared to the trading of 41.92 million shares in the previous session.
Levels Of Support And Resistance For PFE Stock
The 24-hour chart illustrates a support level at 26.44, which if violated will result in even more drops to 26.22. On the upside, there is a resistance level at 26.79. A further resistance level may holdings at 26.92. The Relative Strength Index (RSI) on the 14-day chart is 37.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.62, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.49%. Stochastics %K at 9.43% indicates the stock is a buying.
How much short interest is there in Pfizer Inc.?
A steep rise in short interest was recorded in Pfizer Inc. stocks on Mar 15, 2024, growing by 10.97 million shares to a total of 71.65 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 60.68 million shares. There was a rise of 15.31%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 1.27% of the overall stock float, the days-to-cover ratio (short ratio) rose to 1.5.
