KD Logo

Understanding the Risks of Investing in Privia Health Group Inc (PRVA)

Privia Health Group Inc’s recent filing unveils that its Chief Executive Officer Mehrotra Parth unloaded Company’s shares for reported $2.5 million on Sep 10 ’24. In the deal valued at $18.50 per share,135,142 shares were sold. As a result of this transaction, Mehrotra Parth now holds 247,771 shares worth roughly $5.28 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, Mehrotra Parth bought 135,142 shares, generating $2,500,719 in total proceeds.

Before that, Boehler Adam bought 364 shares. Privia Health Group Inc shares valued at $6,006 were divested by the Director at a price of $16.50 per share. As a result of the transaction, Boehler Adam now holds 5,773,522 shares, worth roughly $122.98 million.

KeyBanc Capital Markets initiated its Privia Health Group Inc [PRVA] rating to an Overweight in a research note published on October 11, 2024; the price target was $23. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who began to cover the stock in late May with a ‘”an Outperform”‘ rating. Citigroup began covering PRVA with “Buy” recommendation on April 22, 2024. Barclays started covering the stock on March 06, 2024. It rated PRVA as “an Equal weight”.

Price Performance Review of PRVA

On Friday, Privia Health Group Inc [NASDAQ:PRVA] saw its stock fall -5.46% to $21.30. Over the last five days, the stock has gained 12.16%. Privia Health Group Inc shares have fallen nearly -7.51% since the year began. Nevertheless, the stocks have fallen -5.04% over the past one year. While a 52-week high of $24.35 was reached on 01/02/24, a 52-week low of $15.92 was recorded on 05/21/24. SMA at 50 days reached $18.43, while 200 days put it at $18.91.

Levels Of Support And Resistance For PRVA Stock

The 24-hour chart illustrates a support level at 20.54, which if violated will result in even more drops to 19.77. On the upside, there is a resistance level at 22.48. A further resistance level may holdings at 23.65. The Relative Strength Index (RSI) on the 14-day chart is 67.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.69, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 28.96%. Stochastics %K at 88.54% indicates the stock is a selling.

How much short interest is there in Privia Health Group Inc?

A steep rise in short interest was recorded in Privia Health Group Inc stocks on 2024-10-15, growing by 0.2 million shares to a total of 6.19 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 5.99 million shares. There was a rise of 3.19%, which implies that there is a positive sentiment for the stock.

Most Popular