The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Perrigo Company plc shares valued at $497,495 were sold by KINDLER JEFFREY B on Dec 09 ’24. At $28.27 per share, KINDLER JEFFREY B sold 17,598 shares. The insider’s holdings dropped to 5,409 shares worth approximately $0.14 million following the completion of this transaction.
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
Also, KINDLER JEFFREY B purchased 17,598 shares, netting a total of over 497,426 in proceeds.
Before that, Doyle Katherine C. had sold 8,954 shares from its account. In a trade valued at $244,444, the Director traded Perrigo Company plc shares for $27.30 each. Upon closing the transaction, the insider’s holdings decreased to 8,954 shares, worth approximately $0.15 million.
Analysts at Piper Sandler started covering the stock with ‘”an Overweight”‘ outlook in a report released in mid November. As of March 07, 2023, Canaccord Genuity has initiated its “Buy” rating for PRGO. Earlier on September 14, 2022, Argus upgraded its rating. Their new recommendation was “a Buy” for PRGO stock which previously was a “a Hold”.
Analyzing PRGO Stock Performance
During the last five days, there has been a drop of approximately -6.74%. Over the course of the year, Perrigo Company plc shares have dropped approximately -20.04%. Shares of the company reached a 52-week high of $34.60 on 01/09/24 and a 52-week low of $23.89 on 10/10/24. A 50-day SMA is recorded $26.57, while a 200-day SMA reached $28.04. Nevertheless, trading volume fell to 1.15 million shares from 1.45 million shares the previous day.
Support And Resistance Levels for Perrigo Company plc (PRGO)
According to the 24-hour chart, there is a support level at 25.29, which, if violated, would cause prices to drop to 24.85. In the upper region, resistance lies at 26.04. The next price resistance is at 26.35. RSI (Relative Strength Index) is 36.03 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.60, which suggests the price will decrease in the coming days. Percent R is at 85.00%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
