In a filing, Perficient Inc. revealed its President and CEO Hogan Thomas J. unloaded Company’s shares for reported $0.32 million on Feb 22 ’24. In the deal valued at $69.10 per share,4,657 shares were sold. As a result of this transaction, Hogan Thomas J. now holds 188,647 shares worth roughly $8.72 million.
Then, MARTIN PAUL E sold 2,329 shares, generating $160,934 in total proceeds. Upon selling the shares at $69.10, the Chief Financial Officer now owns 210,313 shares.
Before that, Sheen Kevin Thomas sold 338 shares. Perficient Inc. shares valued at $23,356 were divested by the Senior Vice President at a price of $69.10 per share. As a result of the transaction, Sheen Kevin Thomas now holds 26,195 shares, worth roughly $1.21 million.
Guggenheim initiated its Perficient Inc. [PRFT] rating to a Neutral in a research note published on March 19, 2024; the price target was $65. A number of analysts have revised their coverage, including Scotiabank’s analysts, who decreased its forecast for the stock in late July from “a Sector outperform” to “a Sector perform”. JP Morgan also remained covering PRFT and has decreased its forecast on July 28, 2023 with a “Neutral” recommendation from previously “an Overweight” rating. Alliance Global Partners revised its rating on February 17, 2023. It rated PRFT as “a Neutral” which previously was an “a Buy”.
Price Performance Review of PRFT
On Tuesday, Perficient Inc. [NASDAQ:PRFT] saw its stock fall -2.49% to $46.25. Over the last five days, the stock has lost -14.43%. Perficient Inc. shares have fallen nearly -29.73% since the year began. Nevertheless, the stocks have fallen -33.45% over the past one year. While a 52-week high of $96.93 was reached on 01/23/24, a 52-week low of $47.13 was recorded on 04/16/24. SMA at 50 days reached $61.31, while 200 days put it at $64.45. A total of 0.28 million shares were traded, compared to the trading of 0.31 million shares in the previous session.
Levels Of Support And Resistance For PRFT Stock
The 24-hour chart illustrates a support level at 45.80, which if violated will result in even more drops to 45.35. On the upside, there is a resistance level at 46.96. A further resistance level may holdings at 47.67. The Relative Strength Index (RSI) on the 14-day chart is 24.52, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.61, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.20%. Stochastics %K at 3.29% indicates the stock is a buying.
