Patterson Companies Inc.’s recently made public that its President & CEO Zurbay Donald unloaded Company’s shares for reported $0.18 million on Jul 16 ’24. In the deal valued at $24.99 per share,7,216 shares were sold. As a result of this transaction, Zurbay Donald now holds 230,072 shares worth roughly $4.91 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, Zurbay Donald sold 5,875 shares, generating $139,322 in total proceeds. Upon selling the shares at $23.71, the President & CEO now owns 237,288 shares.
Before that, KORSH LES B sold 2,842 shares. Patterson Companies Inc. shares valued at $67,398 were divested by the CLO & Corporate Secretary at a price of $23.71 per share. As a result of the transaction, KORSH LES B now holds 103,765 shares, worth roughly $2.21 million.
Piper Sandler downgraded its Patterson Companies Inc. [PDCO] rating to a Neutral from a an Overweight in a research note published on February 29, 2024; the price target was decreased to $28 from $34. A number of analysts have revised their coverage, including Leerink Partners’s analysts, who began to cover the stock in late February with a ‘”an Outperform”‘ rating. Morgan Stanley started covering the stock on January 31, 2022. It rated PDCO as “an Equal-weight”.
Price Performance Review of PDCO
On Tuesday, Patterson Companies Inc. [NASDAQ:PDCO] saw its stock jump 0.14% to $21.32. Over the last five days, the stock has gained 2.70%. Patterson Companies Inc. shares have fallen nearly -25.06% since the year began. Nevertheless, the stocks have fallen -29.40% over the past one year. While a 52-week high of $32.58 was reached on 01/23/24, a 52-week low of $19.89 was recorded on 10/10/24. SMA at 50 days reached $22.05, while 200 days put it at $25.22.
Levels Of Support And Resistance For PDCO Stock
The 24-hour chart illustrates a support level at 21.06, which if violated will result in even more drops to 20.79. On the upside, there is a resistance level at 21.49. A further resistance level may holdings at 21.66. The Relative Strength Index (RSI) on the 14-day chart is 51.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.61, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 10.63%. Stochastics %K at 83.74% indicates the stock is a selling.
How much short interest is there in Patterson Companies Inc.?
A steep rise in short interest was recorded in Patterson Companies Inc. stocks on 2024-09-30, dropping by -0.37 million shares to a total of 3.05 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 3.41 million shares. There was a decline of -12.11%, which implies that there is a negative sentiment for the stock.
