PotlatchDeltic Corp’s recent filing unveils that its Officer Cribb Ashlee Townsend acquired Company’s shares for reported $0.18 million on Jul 29 ’24. In the deal valued at $43.12 per share,4,114 shares were bought.
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, Cribb Ashlee Townsend sold 4,114 shares, generating $177,372 in total proceeds. Upon selling the shares at $43.11, the Vice President, Wood Products now owns 29,039 shares.
Before that, CREMERS ERIC J sold 17,591 shares. PotlatchDeltic Corp shares valued at $793,871 were divested by the President and CEO at a price of $45.13 per share. As a result of the transaction, CREMERS ERIC J now holds 241,111 shares, worth roughly $10.37 million.
RBC Capital Mkts upgraded its PotlatchDeltic Corp [PCH] rating to an Outperform from a a Sector perform in a research note published on May 01, 2024; the price target was increased to $46 from $45. A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in late November from “a Strong buy” to “a Mkt perform”. RBC Capital Mkts also remained covering PCH and has decreased its forecast on July 19, 2023 with a “Sector perform” recommendation from previously “an Outperform” rating. RBC Capital Mkts revised its rating on October 18, 2022. It rated PCH as “an Outperform” which previously was an “a Sector perform”.
Price Performance Review of PCH
On Tuesday, PotlatchDeltic Corp [NASDAQ:PCH] saw its stock jump 0.09% to $43.02. Over the last five days, the stock has lost -4.74%. PotlatchDeltic Corp shares have fallen nearly -12.38% since the year began. Nevertheless, the stocks have fallen -13.76% over the past one year. While a 52-week high of $50.70 was reached on 01/02/24, a 52-week low of $37.06 was recorded on 07/05/24. SMA at 50 days reached $41.07, while 200 days put it at $44.20. A total of 0.36 million shares were traded, compared to the trading of 0.61 million shares in the previous session.
Levels Of Support And Resistance For PCH Stock
The 24-hour chart illustrates a support level at 42.65, which if violated will result in even more drops to 42.27. On the upside, there is a resistance level at 43.36. A further resistance level may holdings at 43.69. The Relative Strength Index (RSI) on the 14-day chart is 57.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 49.57%. Stochastics%K at 52.86% indicates the stock is a holding.
The most recent change occurred on June 29, 2022 when Truist began covering the stock and recommended ‘”a Hold”‘ rating along with a $50 price target.
