Primerica Inc’s recent filing unveils that its President Schneider Peter W. unloaded Company’s shares for reported $0.37 million on Mar 15 ’24. In the deal valued at $243.41 per share,1,500 shares were sold. As a result of this transaction, Schneider Peter W. now holds 13,259 shares worth roughly $2.91 million.
Then, Jendusa Nicholas Adam sold 234 shares, generating $58,418 in total proceeds. Upon selling the shares at $249.81, the Principal Accounting Officer now owns 100 shares.
Before that, Pitts Gregory C. sold 3,759 shares. Primerica Inc shares valued at $922,559 were divested by the Executive VP and COO at a price of $245.43 per share. As a result of the transaction, Pitts Gregory C. now holds 3,379 shares, worth roughly $0.74 million.
Raymond James downgraded its Primerica Inc [PRI] rating to a Mkt perform from a a Strong buy in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who began to cover the stock in mid April with a ‘”a Strong buy”‘ rating. William Blair also remained covering PRI and has decreased its forecast on November 10, 2022 with a “Mkt perform” recommendation from previously “an Outperform” rating. Morgan Stanley revised its rating on May 19, 2022. It rated PRI as “an Equal-weight” which previously was an “an Overweight”.
Price Performance Review of PRI
On Tuesday, Primerica Inc [NYSE:PRI] saw its stock fall -1.50% to $219.21. Over the last five days, the stock has gained 3.47%. Primerica Inc shares have risen nearly 6.54% since the year began. Nevertheless, the stocks have risen 20.37% over the past one year. While a 52-week high of $256.56 was reached on 03/27/24, a 52-week low of $176.81 was recorded on 04/18/24. SMA at 50 days reached $236.44, while 200 days put it at $217.26. A total of 0.41 million shares were traded, compared to the trading of 0.23 million shares in the previous session.
Levels Of Support And Resistance For PRI Stock
The 24-hour chart illustrates a support level at 213.75, which if violated will result in even more drops to 208.29. On the upside, there is a resistance level at 222.46. A further resistance level may holdings at 225.71. The Relative Strength Index (RSI) on the 14-day chart is 43.71, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.05, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 9.34%. Stochastics %K at 92.72% indicates the stock is a selling.
The most recent change occurred on January 26, 2022 when Jefferies began covering the stock and recommended ‘”a Hold”‘ rating along with a $160 price target.
