KD Logo

P10 Inc (PX) gets rating Downgrade from UBS

In a filing, P10 Inc revealed its 10% Owner 210 Capital, LLC unloaded Company’s shares for reported $2.49 million on Nov 12 ’24. In the deal valued at $12.09 per share,205,641 shares were sold. As a result of this transaction, 210 Capital, LLC now holds 338,730 shares worth roughly $4.1 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, 210 Capital, LLC sold 98,277 shares, generating $1,171,914 in total proceeds. Upon selling the shares at $11.92, the 10% Owner now owns 1,630,000 shares.

Before that, 210 Capital, LLC sold 21,723 shares. P10 Inc shares valued at $259,444 were divested by the 10% Owner at a price of $11.94 per share. As a result of the transaction, 210 Capital, LLC now holds 1,728,277 shares, worth roughly $20.91 million.

UBS downgraded its P10 Inc [PX] rating to a Neutral from a a Buy in a research note published on August 21, 2024; the price target was increased to $10.50 from $10. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in early March from “an Overweight” to “an Equal-weight”. Keefe Bruyette also remained covering PX and has decreased its forecast on March 01, 2024 with a “Mkt perform” recommendation from previously “an Outperform” rating. JP Morgan revised its rating on March 01, 2024. It rated PX as “a Neutral” which previously was an “an Overweight”.

Price Performance Review of PX

On Monday, P10 Inc [NYSE:PX] saw its stock jump 0.58% to $12.10. Over the last five days, the stock has lost -1.06%. P10 Inc shares have risen nearly 18.40% since the year began. Nevertheless, the stocks have risen 30.95% over the past one year. While a 52-week high of $12.38 was reached on 11/12/24, a 52-week low of $7.08 was recorded on 05/01/24. SMA at 50 days reached $11.09, while 200 days put it at $9.26.

Levels Of Support And Resistance For PX Stock

The 24-hour chart illustrates a support level at 11.98, which if violated will result in even more drops to 11.86. On the upside, there is a resistance level at 12.22. A further resistance level may holdings at 12.33. The Relative Strength Index (RSI) on the 14-day chart is 65.62, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.45, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 17.24%. Stochastics %K at 77.16% indicates the stock is a holding.

How much short interest is there in P10 Inc?

A steep rise in short interest was recorded in P10 Inc stocks on 2024-10-31, dropping by -0.36 million shares to a total of 2.05 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 2.4 million shares. There was a decline of -17.34%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on August 31, 2022 when Barclays began covering the stock and recommended ‘”an Overweight”‘ rating along with a $15 price target.

Most Popular