Primerica Inc’s recent filing unveils that its President Schneider Peter W. unloaded Company’s shares for reported $0.37 million on Mar 15 ’24. In the deal valued at $243.41 per share,1,500 shares were sold. As a result of this transaction, Schneider Peter W. now holds 13,259 shares worth roughly $2.84 million.
Then, Jendusa Nicholas Adam sold 234 shares, generating $58,418 in total proceeds. Upon selling the shares at $249.81, the Principal Accounting Officer now owns 100 shares.
Before that, Pitts Gregory C. sold 3,759 shares. Primerica Inc shares valued at $922,559 were divested by the Executive VP and COO at a price of $245.43 per share. As a result of the transaction, Pitts Gregory C. now holds 3,379 shares, worth roughly $0.72 million.
Raymond James downgraded its Primerica Inc [PRI] rating to a Mkt perform from a a Strong buy in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who began to cover the stock in mid April with a ‘”a Strong buy”‘ rating. William Blair also remained covering PRI and has decreased its forecast on November 10, 2022 with a “Mkt perform” recommendation from previously “an Outperform” rating. Morgan Stanley revised its rating on May 19, 2022. It rated PRI as “an Equal-weight” which previously was an “an Overweight”.
Price Performance Review of PRI
On Tuesday, Primerica Inc [NYSE:PRI] saw its stock jump 0.43% to $213.96. Over the last five days, the stock has lost -11.93%. Primerica Inc shares have risen nearly 3.99% since the year began. Nevertheless, the stocks have risen 20.68% over the past one year. While a 52-week high of $256.56 was reached on 03/27/24, a 52-week low of $173.00 was recorded on 01/02/24. SMA at 50 days reached $243.94, while 200 days put it at $216.25. A total of 0.24 million shares were traded, compared to the trading of 0.27 million shares in the previous session.
Levels Of Support And Resistance For PRI Stock
The 24-hour chart illustrates a support level at 210.80, which if violated will result in even more drops to 207.64. On the upside, there is a resistance level at 215.75. A further resistance level may holdings at 217.53. The Relative Strength Index (RSI) on the 14-day chart is 22.30, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -23.68, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.39%. Stochastics %K at 5.72% indicates the stock is a buying.
The most recent change occurred on January 26, 2022 when Jefferies began covering the stock and recommended ‘”a Hold”‘ rating along with a $160 price target.
