Patrick Industries, Inc.’s recent filing unveils that its President-Powersports/ Housing Ellis Kip B unloaded Company’s shares for reported $0.91 million on Mar 04 ’24. In the deal valued at $121.99 per share,7,462 shares were sold. As a result of this transaction, Ellis Kip B now holds 101,316 shares worth roughly $12.71 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, Cleveland Todd M sold 8,524 shares, generating $1,026,602 in total proceeds. Upon selling the shares at $120.44, the Director now owns 88,629 shares.
Before that, Forbes John A sold 6,793 shares. Patrick Industries, Inc. shares valued at $806,805 were divested by the Director at a price of $118.77 per share. As a result of the transaction, Forbes John A now holds 34,682 shares, worth roughly $4.35 million.
BMO Capital Markets initiated its Patrick Industries, Inc. [PATK] rating to an Outperform in a research note published on December 07, 2023; the price target was $105. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who began to cover the stock in mid April with a ‘”an Overweight”‘ rating. DA Davidson began covering PATK with “Neutral” recommendation on August 26, 2022. MKM Partners started covering the stock on May 05, 2022. It rated PATK as “a Buy”.
Price Performance Review of PATK
On Tuesday, Patrick Industries, Inc. [NASDAQ:PATK] saw its stock jump 4.88% to $125.49. Over the last five days, the stock has gained 3.62%. Patrick Industries, Inc. shares have risen nearly 25.05% since the year began. Nevertheless, the stocks have risen 53.15% over the past one year. While a 52-week high of $136.00 was reached on 08/01/24, a 52-week low of $70.15 was recorded on 01/17/24. SMA at 50 days reached $114.29, while 200 days put it at $105.11.
Levels Of Support And Resistance For PATK Stock
The 24-hour chart illustrates a support level at 120.72, which if violated will result in even more drops to 115.96. On the upside, there is a resistance level at 128.21. A further resistance level may holdings at 130.93. The Relative Strength Index (RSI) on the 14-day chart is 60.28, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.66, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 45.52%. Stochastics%K at 37.12% indicates the stock is a holding.
How much short interest is there in Patrick Industries, Inc.?
A steep rise in short interest was recorded in Patrick Industries, Inc. stocks on
The most recent change occurred on April 12, 2022 when Truist began covering the stock and recommended ‘”a Buy”‘ rating along with a $75 price target.
