KD Logo

Longbow analysts upgrades a Buy rating for Polaris Inc (PII)

NUE

Polaris Inc’s recently made public that its CFO, EVP – Finance + Corp Dev Mack Robert Paul unloaded Company’s shares for reported $1.08 million on Aug 07 ’23. In the deal valued at $130.00 per share,8,312 shares were sold. As a result of this transaction, Mack Robert Paul now holds 28,356 shares worth roughly $2.21 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, FARR KEVIN M sold 3,225 shares, generating $429,828 in total proceeds. Upon selling the shares at $133.28, the Director now owns 14,645 shares.

Before that, Eastman Stephen L. sold 10,000 shares. Polaris Inc shares valued at $1,358,200 were divested by the President – PG&A + Aftermarket at a price of $135.82 per share. As a result of the transaction, Eastman Stephen L. now holds 17,800 shares, worth roughly $1.39 million.

Longbow upgraded its Polaris Inc [PII] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who began to cover the stock in early April with a ‘”a Neutral”‘ rating. Morgan Stanley also remained covering PII and has increased its forecast on January 17, 2024 with a “an Overweight” recommendation from previously “an Equal-weight” rating.

Price Performance Review of PII

On Tuesday, Polaris Inc [NYSE:PII] saw its stock jump 1.81% to $78.10. Over the last five days, the stock has lost -1.84%. Polaris Inc shares have fallen nearly -17.59% since the year began. Nevertheless, the stocks have fallen -33.15% over the past one year. While a 52-week high of $138.49 was reached on 04/01/24, a 52-week low of $76.21 was recorded on 06/11/24. SMA at 50 days reached $85.95, while 200 days put it at $92.29. A total of 1.09 million shares were traded, compared to the trading of 0.59 million shares in the previous session.

Levels Of Support And Resistance For PII Stock

The 24-hour chart illustrates a support level at 76.39, which if violated will result in even more drops to 74.67. On the upside, there is a resistance level at 78.97. A further resistance level may holdings at 79.83. The Relative Strength Index (RSI) on the 14-day chart is 36.23, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.93, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.94%. Stochastics %K at 14.43% indicates the stock is a buying.

Most Popular