Pinnacle Financial Partners Inc’s recent filing unveils that its EVP & CFO CARPENTER HAROLD R unloaded Company’s shares for reported $0.38 million on Dec 09 ’24. In the deal valued at $125.57 per share,3,051 shares were sold. As a result of this transaction, CARPENTER HAROLD R now holds 60,805 shares worth roughly $7.35 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, INGRAM DAVID B sold 20,000 shares, generating $2,520,400 in total proceeds. Upon selling the shares at $126.02, the Director now owns 92,565 shares.
Before that, INGRAM DAVID B sold 3,610 shares. Pinnacle Financial Partners Inc shares valued at $455,113 were divested by the Director at a price of $126.07 per share. As a result of the transaction, INGRAM DAVID B now holds 139,489 shares, worth roughly $16.87 million.
Keefe Bruyette downgraded its Pinnacle Financial Partners Inc [PNFP] rating to a Mkt perform from a an Outperform in a research note published on December 04, 2024; the price target was increased to $135 from $115. A number of analysts have revised their coverage, including Hovde Group’s analysts, who decreased its forecast for the stock in mid November from “an Outperform” to “a Market perform”. Wells Fargo also remained covering PNFP and has decreased its forecast on October 01, 2024 with a “an Equal weight” recommendation from previously “an Overweight” rating. Hovde Group maintained its rating on September 27, 2024. It rated PNFP as “an Outperform”.
Price Performance Review of PNFP
On Tuesday, Pinnacle Financial Partners Inc [NASDAQ:PNFP] saw its stock fall -1.14% to $120.91. Over the last five days, the stock has lost -2.66%. Pinnacle Financial Partners Inc shares have risen nearly 38.63% since the year began. Nevertheless, the stocks have risen 46.42% over the past one year. While a 52-week high of $131.91 was reached on 11/25/24, a 52-week low of $73.62 was recorded on 06/11/24. SMA at 50 days reached $112.07, while 200 days put it at $92.10.
Levels Of Support And Resistance For PNFP Stock
The 24-hour chart illustrates a support level at 119.53, which if violated will result in even more drops to 118.16. On the upside, there is a resistance level at 123.05. A further resistance level may holdings at 125.20. The Relative Strength Index (RSI) on the 14-day chart is 50.53, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.81, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.75%. Stochastics %K at 24.64% indicates the stock is a holding.
How much short interest is there in Pinnacle Financial Partners Inc?
A steep rise in short interest was recorded in Pinnacle Financial Partners Inc stocks on 2024-11-29, dropping by -0.17 million shares to a total of 1.83 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 1.99 million shares. There was a decline of -9.04%, which implies that there is a negative sentiment for the stock.
