KD Logo

Morgan Stanley downgrades P10 Inc (PX) stock to an Equal-weight

In a filing, P10 Inc revealed its Abell Alexander I. unloaded Company’s shares for reported $0.13 million on Jun 24 ’24. In the deal valued at $8.30 per share,15,621 shares were sold. As a result of this transaction, Abell Alexander I. now holds 400,000 shares worth roughly $3.3 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

Then, McCoy David M. bought 20,000 shares, generating $164,200 in total proceeds. Upon buying the shares at $8.21, the now owns 99,545 shares.

Before that, Charles K. Huebner Trust bought 12,500 shares. P10 Inc shares valued at $99,375 were divested by the at a price of $7.95 per share. As a result of the transaction, Charles K. Huebner Trust now holds 51,799 shares, worth roughly $0.43 million.

Morgan Stanley downgraded its P10 Inc [PX] rating to an Equal-weight from a an Overweight in a research note published on March 04, 2024; the price target was decreased to $9 from $12. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who decreased its forecast for the stock in early March from “an Outperform” to “a Mkt perform”. JP Morgan also remained covering PX and has decreased its forecast on March 01, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. Barclays started covering the stock on August 31, 2022. It rated PX as “an Overweight”.

Price Performance Review of PX

On Tuesday, P10 Inc [NYSE:PX] saw its stock jump 0.85% to $8.26. Over the last five days, the stock has gained 0.12%. P10 Inc shares have fallen nearly -19.18% since the year began. Nevertheless, the stocks have fallen -26.90% over the past one year. While a 52-week high of $13.41 was reached on 01/02/24, a 52-week low of $7.08 was recorded on 05/01/24. SMA at 50 days reached $8.00, while 200 days put it at $9.01. A total of 0.35 million shares were traded, compared to the trading of 0.89 million shares in the previous session.

Levels Of Support And Resistance For PX Stock

The 24-hour chart illustrates a support level at 8.17, which if violated will result in even more drops to 8.08. On the upside, there is a resistance level at 8.31. A further resistance level may holdings at 8.36. The Relative Strength Index (RSI) on the 14-day chart is 53.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.10, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 48.65%. Stochastics%K at 60.07% indicates the stock is a holding.

The most recent change occurred on November 16, 2021 when Stephens began covering the stock and recommended ‘”an Overweight”‘ rating along with a $17 price target.

Most Popular