KD Logo

Potential Price Increase for PRA Group Inc (PRAA) After Recent Insider Activity

PRA Group Inc’s recently made public that its Director Olsen Geir acquired Company’s shares for reported $0.25 million on Aug 07 ’24. In the deal valued at $21.39 per share,11,750 shares were bought. As a result of this transaction, Olsen Geir now holds 11,750 shares worth roughly $0.26 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, Atal Vikram A sold 5,830 shares, generating $142,194 in total proceeds. Upon selling the shares at $24.39, the President and CEO now owns 155,625 shares.

Before that, FREDRICKSON STEVEN D bought 26,000 shares. PRA Group Inc shares valued at $502,060 were divested by the Chairman at a price of $19.31 per share. As a result of the transaction, FREDRICKSON STEVEN D now holds 139,709 shares, worth roughly $3.12 million.

JMP Securities upgraded its PRA Group Inc [PRAA] rating to a Mkt outperform from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who increased its forecast for the stock in mid April from “a Mkt perform” to “an Outperform”. Buckingham Research began covering PRAA with “Neutral” recommendation on January 03, 2019. Raymond James revised its rating on February 28, 2018. It rated PRAA as “a Mkt perform” which previously was an “an Underperform”.

Price Performance Review of PRAA

On Tuesday, PRA Group Inc [NASDAQ:PRAA] saw its stock fall -0.40% to $22.32. Over the last five days, the stock has gained 5.38%. PRA Group Inc shares have fallen nearly -14.81% since the year began. Nevertheless, the stocks have risen 10.17% over the past one year. While a 52-week high of $31.43 was reached on 02/16/24, a 52-week low of $11.85 was recorded on 06/26/24. SMA at 50 days reached $21.51, while 200 days put it at $22.47.

Levels Of Support And Resistance For PRAA Stock

The 24-hour chart illustrates a support level at 21.81, which if violated will result in even more drops to 21.30. On the upside, there is a resistance level at 23.12. A further resistance level may holdings at 23.91. The Relative Strength Index (RSI) on the 14-day chart is 47.68, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.39, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 75.65%. Stochastics%K at 25.02% indicates the stock is a holding.

How much short interest is there in PRA Group Inc?

A steep rise in short interest was recorded in PRA Group Inc stocks on , growing by 83216.0 shares to a total of 0.66 million shares. Yahoo Finance data shows the prior-month short interest on 2024-06-28 was 0.58 million shares. There was a rise of 12.53%, which implies that there is a positive sentiment for the stock.

Most Popular