Par Pacific Holdings Inc’s filing revealed that its President and CEO Monteleone William unloaded Company’s shares for reported $0.42 million on Dec 16 ’24. In the deal valued at $15.81 per share,26,507 shares were sold. As a result of this transaction, Monteleone William now holds 357,374 shares worth roughly $5.39 million.
Then, Monteleone William bought 26,507 shares, generating $419,003 in total proceeds.
Before that, PATE WILLIAM sold 67,700 shares. Par Pacific Holdings Inc shares valued at $1,098,094 were divested by the Director at a price of $16.22 per share. As a result of the transaction, PATE WILLIAM now holds 524,610 shares, worth roughly $7.92 million.
Mizuho downgraded its Par Pacific Holdings Inc [PARR] rating to a Neutral from a an Outperform in a research note published on December 16, 2024; the price target was decreased to $22 from $26. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in early October from “a Neutral” to “an Overweight”. Piper Sandler also remained covering PARR and has decreased its forecast on September 20, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. Tudor Pickering Holt & Co. revised its rating on September 09, 2024. It rated PARR as “a Hold” which previously was an “a Buy”.
Price Performance Review of PARR
On Friday, Par Pacific Holdings Inc [NYSE:PARR] saw its stock fall -0.33% to $15.09. Over the last five days, the stock has lost -8.32%. Par Pacific Holdings Inc shares have fallen nearly -58.51% since the year began. Nevertheless, the stocks have fallen -57.72% over the past one year. While a 52-week high of $40.69 was reached on 02/27/24, a 52-week low of $14.84 was recorded on 11/05/24. SMA at 50 days reached $16.75, while 200 days put it at $24.17.
Levels Of Support And Resistance For PARR Stock
The 24-hour chart illustrates a support level at 14.81, which if violated will result in even more drops to 14.52. On the upside, there is a resistance level at 15.43. A further resistance level may holdings at 15.77. The Relative Strength Index (RSI) on the 14-day chart is 36.42, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.77, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.56%. Stochastics %K at 11.96% indicates the stock is a buying.
How much short interest is there in Par Pacific Holdings Inc?
A steep rise in short interest was recorded in Par Pacific Holdings Inc stocks on 2024-11-29, growing by 0.82 million shares to a total of 3.82 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 3.0 million shares. There was a rise of 21.45%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on August 09, 2024 when TD Cowen resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $32.
