PNC Financial Services Group Inc’s recently made public that its Officer DEMCHAK WILLIAM S acquired Company’s shares for reported $0.25 million on Nov 08 ’24. In the deal valued at $203.80 per share,1,242 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, DEMCHAK WILLIAM S sold 1,242 shares, generating $235,359 in total proceeds. Upon selling the shares at $189.50, the CEO now owns 543,523 shares.
Before that, DEMCHAK WILLIAM S bought 1,242 shares. PNC Financial Services Group Inc shares valued at $235,359 were divested by the Officer at a price of $189.50 per share.
BofA Securities upgraded its PNC Financial Services Group Inc [PNC] rating to a Buy from a a Neutral in a research note published on August 15, 2024; the price target was increased to $200 from $185. A number of analysts have revised their coverage, including UBS’s analysts, who increased its forecast for the stock in early July from “a Neutral” to “a Buy”. HSBC Securities also remained covering PNC and has increased its forecast on March 28, 2024 with a “Hold” recommendation from previously “Reduce” rating. Odeon revised its rating on December 14, 2023. It rated PNC as “a Buy” which previously was an “a Hold”.
Price Performance Review of PNC
On Monday, PNC Financial Services Group Inc [NYSE:PNC] saw its stock jump 2.81% to $209.71. Over the last five days, the stock has gained 12.78%. PNC Financial Services Group Inc shares have risen nearly 35.43% since the year began. Nevertheless, the stocks have risen 75.70% over the past one year. While a 52-week high of $205.20 was reached on 11/11/24, a 52-week low of $118.56 was recorded on 02/21/24. SMA at 50 days reached $186.01, while 200 days put it at $165.55.
Levels Of Support And Resistance For PNC Stock
The 24-hour chart illustrates a support level at 207.18, which if violated will result in even more drops to 204.66. On the upside, there is a resistance level at 211.33. A further resistance level may holdings at 212.96. The Relative Strength Index (RSI) on the 14-day chart is 73.79, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 12.57, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.89%. Stochastics %K at 94.21% indicates the stock is a selling.
How much short interest is there in PNC Financial Services Group Inc?
A steep rise in short interest was recorded in PNC Financial Services Group Inc stocks on 2024-10-15, growing by 0.1 million shares to a total of 5.61 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 5.5 million shares. There was a rise of 1.86%, which implies that there is a positive sentiment for the stock.
