Premier Inc’s recent filing unveils that its Chief Operating Officer Anderson Leigh unloaded Company’s shares for reported $0.44 million on Dec 20 ’24. In the deal valued at $21.88 per share,20,000 shares were sold. As a result of this transaction, Anderson Leigh now holds 111,707 shares worth roughly $2.37 million.
Then, Anderson Leigh bought 20,000 shares, generating $437,577 in total proceeds.
Before that, McKasson Craig S. bought 150 shares. Premier Inc shares valued at $3,255 were divested by the Member of immediate family of at a price of $21.70 per share.
The Benchmark Company downgraded its Premier Inc [PINC] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Canaccord Genuity’s analysts, who decreased its forecast for the stock in early May from “a Buy” to “a Hold”. Leerink Partners began covering PINC with “Market perform” recommendation on February 26, 2024. Barclays started covering the stock on January 03, 2024. It rated PINC as “an Equal weight”.
Price Performance Review of PINC
On Monday, Premier Inc [NASDAQ:PINC] saw its stock fall -2.75% to $21.20. Over the last five days, the stock has lost -2.57%. Premier Inc shares have fallen nearly -5.19% since the year began. Nevertheless, the stocks have fallen -5.69% over the past one year. While a 52-week high of $23.56 was reached on 11/25/24, a 52-week low of $17.95 was recorded on 06/17/24. SMA at 50 days reached $21.71, while 200 days put it at $20.36.
Levels Of Support And Resistance For PINC Stock
The 24-hour chart illustrates a support level at 20.86, which if violated will result in even more drops to 20.52. On the upside, there is a resistance level at 21.64. A further resistance level may holdings at 22.07. The Relative Strength Index (RSI) on the 14-day chart is 41.82, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.12%. Stochastics %K at 52.89% indicates the stock is a holding.
How much short interest is there in Premier Inc?
A steep rise in short interest was recorded in Premier Inc stocks on 2024-12-13, growing by 0.64 million shares to a total of 7.26 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 6.63 million shares. There was a rise of 8.78%, which implies that there is a positive sentiment for the stock.
