In a filing, Paragon 28 Inc revealed its insider DaCosta Albert acquired Company’s shares for reported $0.26 million on Mar 15 ’24. In the deal valued at $9.12 per share,28,000 shares were bought. As a result of this transaction, DaCosta Albert now holds 5,339,110 shares worth roughly $53.66 million.
Then, DaCosta Albert bought 30,500 shares, generating $259,555 in total proceeds. Upon buying the shares at $8.51, the insider now owns 5,311,110 shares.
Before that, SCHNETTLER THOMAS P sold 6,900 shares. Paragon 28 Inc shares valued at $127,952 were divested by the Director at a price of $18.54 per share. As a result of the transaction, SCHNETTLER THOMAS P now holds 29,129 shares, worth roughly $0.29 million.
William Blair initiated its Paragon 28 Inc [FNA] rating to an Outperform in a research note published recently. A number of analysts have revised their coverage, including Stephens’s analysts, who began to cover the stock in mid April with a ‘”an Overweight”‘ rating.
Price Performance Review of FNA
On Tuesday, Paragon 28 Inc [NYSE:FNA] saw its stock jump 2.66% to $10.05. Over the last five days, the stock has gained 4.25%. Paragon 28 Inc shares have fallen nearly -19.15% since the year began. Nevertheless, the stocks have fallen -45.20% over the past one year. While a 52-week high of $19.72 was reached on 02/12/24, a 52-week low of $7.95 was recorded on 03/18/24. SMA at 50 days reached $11.17, while 200 days put it at $12.25. A total of 0.37 million shares were traded, compared to the trading of 0.28 million shares in the previous session.
Levels Of Support And Resistance For FNA Stock
The 24-hour chart illustrates a support level at 9.81, which if violated will result in even more drops to 9.56. On the upside, there is a resistance level at 10.24. A further resistance level may holdings at 10.42. The Relative Strength Index (RSI) on the 14-day chart is 45.69, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.19, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.29%. Stochastics %K at 15.29% indicates the stock is a buying.
