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 $56.22 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 $0.31 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 Friday, Paragon 28 Inc [NYSE:FNA] saw its stock jump 7.78% to $10.53. Over the last five days, the stock has gained 19.66%. Paragon 28 Inc shares have fallen nearly -15.29% since the year began. Nevertheless, the stocks have fallen -43.27% 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 04/26/24. SMA at 50 days reached $10.45, while 200 days put it at $11.93. A total of 0.55 million shares were traded, compared to the trading of 0.5 million shares in the previous session.
Levels Of Support And Resistance For FNA Stock
The 24-hour chart illustrates a support level at 10.14, which if violated will result in even more drops to 9.75. On the upside, there is a resistance level at 10.73. A further resistance level may holdings at 10.93. The Relative Strength Index (RSI) on the 14-day chart is 55.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.44, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 0.55%. Stochastics %K at 76.69% indicates the stock is a holding.
