Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. P10 Inc shares valued at $459,250 were purchased by Jensen Richard J. on Mar 27 ’24. At $8.35 per share, Jensen Richard J. acquired 55,000 shares. The insider’s holdings grew to 55,000 shares worth approximately $0.41 million following the completion of this transaction.
Also, Feinglass Michael sold 50,000 shares, netting a total of over 403,400 in proceeds. Following the sale of shares at $8.07 each, the insider now holds 204,005 shares.
Before that, Feinglass Michael had sold 51,730 shares from its account. In a trade valued at $422,789, the traded P10 Inc shares for $8.17 each. Upon closing the transaction, the insider’s holdings decreased to 51,730 shares, worth approximately $1.88 million.
As published in a research note from Morgan Stanley on March 04, 2024, P10 Inc [PX] has been rated down from an Overweight to an Equal-weight and the price target has been revised to $9 from $12. Analysts at Keefe Bruyette downgraded the stock from ‘”an Outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in early March. As of March 01, 2024, JP Morgan has decreased its “an Overweight” rating to a “Neutral” for PX. Earlier on August 31, 2022, Barclays initiated its rating. Their recommendation was “an Overweight” for PX stock.
Analyzing PX Stock Performance
During the last five days, there has been a drop of approximately -0.27%. Over the course of the year, P10 Inc shares have dropped approximately -27.59%. Shares of the company reached a 52-week high of $10.21 on 01/02/24 and a 52-week low of $7.13 on 03/01/24. A 50-day SMA is recorded $8.23, while a 200-day SMA reached $9.88. Nevertheless, trading volume fell to 1.09 million shares from 0.6 million shares the previous day.
Support And Resistance Levels for P10 Inc (PX)
According to the 24-hour chart, there is a support level at 7.32, which, if violated, would cause prices to drop to 7.23. In the upper region, resistance lies at 7.54. The next price resistance is at 7.68. RSI (Relative Strength Index) is 31.79 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.15, which suggests the price will decrease in the coming days. Percent R is at 95.26%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
