Procter & Gamble Co.’s filing revealed that its Chief Human Resources Officer Purushothaman Balaji unloaded Company’s shares for reported $4.58 million on Apr 23 ’24. In the deal valued at $161.49 per share,28,369 shares were sold. As a result of this transaction, Purushothaman Balaji now holds 11,507 shares worth roughly $1.86 million.
Then, Keith R. Alexandra sold 855 shares, generating $135,518 in total proceeds. Upon selling the shares at $158.50, the CEO – Beauty now owns 4,004 shares.
Before that, Keith R. Alexandra sold 776 shares. Procter & Gamble Co. shares valued at $122,693 were divested by the CEO – Beauty at a price of $158.11 per share. As a result of the transaction, Keith R. Alexandra now holds 4,859 shares, worth roughly $0.78 million.
Truist upgraded its Procter & Gamble Co. [PG] rating to a Buy from a a Hold in a research note published on March 11, 2024; the price target was increased to $175 from $160. Jefferies began covering PG with “Buy” recommendation on November 13, 2023. HSBC Securities started covering the stock on September 22, 2023. It rated PG as “a Buy”.
Price Performance Review of PG
On Friday, Procter & Gamble Co. [NYSE:PG] saw its stock fall -0.78% to $161.29. Over the last five days, the stock has gained 1.99%. Procter & Gamble Co. shares have risen nearly 10.07% since the year began. Nevertheless, the stocks have risen 4.34% over the past one year. While a 52-week high of $164.32 was reached on 04/25/24, a 52-week low of $141.45 was recorded on 01/22/24. SMA at 50 days reached $159.54, while 200 days put it at $153.16. A total of 5.59 million shares were traded, compared to the trading of 0.82 million shares in the previous session.
Levels Of Support And Resistance For PG Stock
The 24-hour chart illustrates a support level at 160.08, which if violated will result in even more drops to 158.87. On the upside, there is a resistance level at 162.91. A further resistance level may holdings at 164.53. The Relative Strength Index (RSI) on the 14-day chart is 59.53, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.77, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 28.06%. Stochastics %K at 84.26% indicates the stock is a selling.
The most recent change occurred on September 08, 2023 when William Blair began covering the stock and recommended ‘”a Mkt perform”‘ rating .
