Petmed Express, Inc.’s recent filing unveils that its Director FULGONI GIAN acquired Company’s shares for reported $0.3 million on Nov 09 ’23. In the deal valued at $7.34 per share,41,000 shares were bought. As a result of this transaction, FULGONI GIAN now holds 109,510 shares worth roughly $0.46 million.
Then, Hulett Mathew N bought 13,850 shares, generating $100,551 in total proceeds. Upon buying the shares at $7.26, the CEO & President now owns 613,850 shares.
Before that, Chambers Christine bought 6,888 shares. Petmed Express, Inc. shares valued at $50,007 were divested by the CFO at a price of $7.26 per share. As a result of the transaction, Chambers Christine now holds 19,888 shares, worth roughly $82734.08.
Lake Street initiated its Petmed Express, Inc. [PETS] rating to a Buy in a research note published on May 25, 2023; the price target was $20. A number of analysts have revised their coverage, including Sidoti’s analysts, who increased its forecast for the stock in mid January from “a Neutral” to “a Buy”. Morgan Stanley began covering PETS with “an Underweight” recommendation on November 18, 2021. Jefferies started covering the stock on October 01, 2021. It rated PETS as “a Hold”.
Price Performance Review of PETS
On Tuesday, Petmed Express, Inc. [NASDAQ:PETS] saw its stock fall -1.30% to $4.16. Over the last five days, the stock has gained 5.44%. Petmed Express, Inc. shares have fallen nearly -44.91% since the year began. Nevertheless, the stocks have fallen -72.27% over the past one year. While a 52-week high of $16.18 was reached on 01/02/24, a 52-week low of $3.92 was recorded on 05/01/24. SMA at 50 days reached $4.55, while 200 days put it at $7.87. A total of 0.23 million shares were traded, compared to the trading of 0.25 million shares in the previous session.
Levels Of Support And Resistance For PETS Stock
The 24-hour chart illustrates a support level at 4.12, which if violated will result in even more drops to 4.08. On the upside, there is a resistance level at 4.23. A further resistance level may holdings at 4.29. The Relative Strength Index (RSI) on the 14-day chart is 44.65, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 51.00%. Stochastics %K at 45.00% indicates the stock is a holding.
