In a filing, P10 Inc revealed its EVP, Head of Strategy and M&A Jensen Richard J. acquired Company’s shares for reported $0.46 million on Mar 27 ’24. In the deal valued at $8.35 per share,55,000 shares were bought. As a result of this transaction, Jensen Richard J. now holds 55,000 shares worth roughly $0.41 million.
Then, Feinglass Michael sold 50,000 shares, generating $403,400 in total proceeds. Upon selling the shares at $8.07, the now owns 204,005 shares.
Before that, Feinglass Michael sold 51,730 shares. P10 Inc shares valued at $422,789 were divested by the at a price of $8.17 per share. As a result of the transaction, Feinglass Michael now holds 254,005 shares, worth roughly $1.92 million.
Morgan Stanley downgraded its P10 Inc [PX] rating to an Equal-weight from a an Overweight in a research note published on March 04, 2024; the price target was decreased to $9 from $12. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who decreased its forecast for the stock in early March from “an Outperform” to “a Mkt perform”. JP Morgan also remained covering PX and has decreased its forecast on March 01, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. Barclays started covering the stock on August 31, 2022. It rated PX as “an Overweight”.
Price Performance Review of PX
On Monday, P10 Inc [NYSE:PX] saw its stock jump 0.67% to $7.54. Over the last five days, the stock has lost -0.40%. P10 Inc shares have fallen nearly -26.22% since the year began. Nevertheless, the stocks have fallen -28.05% over the past one year. While a 52-week high of $13.41 was reached on 01/02/24, a 52-week low of $7.13 was recorded on 03/01/24. SMA at 50 days reached $8.33, while 200 days put it at $9.94. A total of 0.64 million shares were traded, compared to the trading of 0.68 million shares in the previous session.
Levels Of Support And Resistance For PX Stock
The 24-hour chart illustrates a support level at 7.48, which if violated will result in even more drops to 7.43. On the upside, there is a resistance level at 7.60. A further resistance level may holdings at 7.67. The Relative Strength Index (RSI) on the 14-day chart is 34.35, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.38, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.26%. Stochastics %K at 11.79% indicates the stock is a buying.
The most recent change occurred on November 16, 2021 when Stephens began covering the stock and recommended ‘”an Overweight”‘ rating along with a $17 price target.
