United Parks & Resorts Inc.’s recent filing unveils that its insider Miller Kyle Robert unloaded Company’s shares for reported $53870.0 on Apr 15 ’24. In the deal valued at $53.87 per share,1,000 shares were sold. As a result of this transaction, Miller Kyle Robert now holds 36,961 shares worth roughly $1.9 million.
Then, Miller Kyle Robert sold 1,000 shares, generating $52,500 in total proceeds. Upon selling the shares at $52.50, the insider now owns 37,961 shares.
Before that, Surrett Byron sold 5,083 shares. United Parks & Resorts Inc. shares valued at $256,692 were divested by the insider at a price of $50.50 per share. As a result of the transaction, Surrett Byron now holds 15,306 shares, worth roughly $0.79 million.
Guggenheim initiated its United Parks & Resorts Inc. [PRKS] rating to a Buy in a research note published on April 04, 2024; the price target was $73. A number of analysts have revised their coverage, including Mizuho’s analysts, who began to cover the stock in late March with a ‘”an Underperform”‘ rating. Morgan Stanley also remained covering PRKS and has decreased its forecast on December 14, 2023 with a “an Equal-weight” recommendation from previously “an Overweight” rating.
Price Performance Review of PRKS
On Monday, United Parks & Resorts Inc. [NYSE:PRKS] saw its stock jump 1.50% to $51.54. Over the last five days, the stock has lost -0.60%. United Parks & Resorts Inc. shares have fallen nearly -2.44% since the year began. Nevertheless, the stocks have fallen -2.46% over the past one year. While a 52-week high of $61.30 was reached on 04/09/24, a 52-week low of $40.87 was recorded on 02/21/24. SMA at 50 days reached $52.52, while 200 days put it at $49.90.
Levels Of Support And Resistance For PRKS Stock
The 24-hour chart illustrates a support level at 51.12, which if violated will result in even more drops to 50.70. On the upside, there is a resistance level at 51.93. A further resistance level may holdings at 52.32. The Relative Strength Index (RSI) on the 14-day chart is 44.07, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.33, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.68%. Stochastics %K at 5.47% indicates the stock is a buying.
The most recent change occurred on July 24, 2023 when Goldman resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $66.
