PVH Corp’s filing revealed that its EVP & Controller HOLMES JAMES unloaded Company’s shares for reported $0.33 million on Apr 11 ’24. In the deal valued at $108.39 per share,3,000 shares were sold. As a result of this transaction, HOLMES JAMES now holds 13,904 shares worth roughly $1.47 million.
Then, FISCHER MARK D sold 3,500 shares, generating $430,500 in total proceeds. Upon selling the shares at $123.00, the EVP, General Counsel & Sec. now owns 27,903 shares.
Before that, FULLER JULIE sold 3,650 shares. PVH Corp shares valued at $440,884 were divested by the Chief People Officer at a price of $120.79 per share. As a result of the transaction, FULLER JULIE now holds 16,191 shares, worth roughly $1.71 million.
JP Morgan reiterated its PVH Corp [PVH] rating to an Overweight in a research note published on April 08, 2024; the price target was $157. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in early April has reiterated a ‘”an Outperform”‘ rating for it. Telsey Advisory Group also remained covering PVH and reiterated its “an Outperform” recommendation on March 26, 2024. TD Cowen revised its rating on February 16, 2024. It rated PVH as “an Outperform” which previously was an “a Market perform”.
Price Performance Review of PVH
On Friday, PVH Corp [NYSE:PVH] saw its stock fall -2.57% to $105.59. Over the last five days, the stock has lost -2.83%. PVH Corp shares have fallen nearly -13.54% since the year began. Nevertheless, the stocks have risen 20.26% over the past one year. While a 52-week high of $141.15 was reached on 04/01/24, a 52-week low of $69.27 was recorded on 04/03/24. SMA at 50 days reached $127.90, while 200 days put it at $100.11. A total of 1.08 million shares were traded, compared to the trading of 1.11 million shares in the previous session.
Levels Of Support And Resistance For PVH Stock
The 24-hour chart illustrates a support level at 104.92, which if violated will result in even more drops to 104.24. On the upside, there is a resistance level at 106.83. A further resistance level may holdings at 108.07. The Relative Strength Index (RSI) on the 14-day chart is 28.45, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -10.97, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.61%. Stochastics %K at 8.75% indicates the stock is a buying.
