Perrigo Company plc’s filing revealed that its EVP & Chief Scientific Officer Ives Alison acquired Company’s shares for reported $67877.0 on Mar 05 ’24. In the deal valued at $27.26 per share,2,490 shares were bought. As a result of this transaction, Ives Alison now holds 16,122 shares worth roughly $0.49 million.
Then, Willis Robert bought 371 shares, generating $9,757 in total proceeds. Upon buying the shares at $26.30, the EVP & CHRO now owns 25,476 shares.
Before that, Lockwood-Taylor Patrick bought 9,500 shares. Perrigo Company plc shares valued at $252,168 were divested by the CEO at a price of $26.54 per share. As a result of the transaction, Lockwood-Taylor Patrick now holds 20,500 shares, worth roughly $0.62 million.
Piper Sandler initiated its Perrigo Company plc [PRGO] rating to an Overweight in a research note published on November 17, 2023; the price target was $37. A number of analysts have revised their coverage, including Canaccord Genuity’s analysts, who began to cover the stock in early March with a ‘”a Buy”‘ rating. Argus also remained covering PRGO and has increased its forecast on September 14, 2022 with a “Buy” recommendation from previously “Hold” rating. Wells Fargo revised its rating on September 06, 2022. It rated PRGO as “an Overweight” which previously was an “an Equal weight”.
Price Performance Review of PRGO
On Friday, Perrigo Company plc [NYSE:PRGO] saw its stock fall -3.07% to $30.32. Over the last five days, the stock has lost -3.44%. Perrigo Company plc shares have fallen nearly -5.78% since the year began. Nevertheless, the stocks have fallen -16.63% over the past one year. While a 52-week high of $40.28 was reached on 01/09/24, a 52-week low of $25.77 was recorded on 02/29/24. SMA at 50 days reached $30.81, while 200 days put it at $32.20. A total of 1.3 million shares were traded, compared to the trading of 0.81 million shares in the previous session.
Levels Of Support And Resistance For PRGO Stock
The 24-hour chart illustrates a support level at 29.97, which if violated will result in even more drops to 29.63. On the upside, there is a resistance level at 30.95. A further resistance level may holdings at 31.59. The Relative Strength Index (RSI) on the 14-day chart is 44.07, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.37, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.27%. Stochastics %K at 27.58% indicates the stock is a holding.
