Privia Health Group Inc’s recently made public that its Chief Executive Officer Mehrotra Parth unloaded Company’s shares for reported $2.5 million on Sep 10 ’24. In the deal valued at $18.50 per share,135,142 shares were sold. As a result of this transaction, Mehrotra Parth now holds 247,771 shares worth roughly $4.95 million.
Then, Mehrotra Parth bought 135,142 shares, generating $2,500,719 in total proceeds.
Before that, Boehler Adam bought 364 shares. Privia Health Group Inc shares valued at $6,006 were divested by the Director at a price of $16.50 per share. As a result of the transaction, Boehler Adam now holds 5,773,522 shares, worth roughly $115.24 million.
Macquarie initiated its Privia Health Group Inc [PRVA] rating to an Outperform in a research note published recently. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who began to cover the stock in mid October with a ‘”an Overweight”‘ rating. Robert W. Baird began covering PRVA with “an Outperform” recommendation on May 30, 2024. Citigroup started covering the stock on April 22, 2024. It rated PRVA as “a Buy”.
Price Performance Review of PRVA
On Friday, Privia Health Group Inc [NASDAQ:PRVA] saw its stock jump 1.63% to $19.96. Over the last five days, the stock has lost -0.99%. Privia Health Group Inc shares have risen nearly 2.10% since the year began. Nevertheless, the stocks have fallen -10.01% over the past one year. While a 52-week high of $23.78 was reached on 01/03/25, a 52-week low of $15.92 was recorded on 01/02/25. SMA at 50 days reached $20.54, while 200 days put it at $18.91.
Levels Of Support And Resistance For PRVA Stock
The 24-hour chart illustrates a support level at 19.63, which if violated will result in even more drops to 19.31. On the upside, there is a resistance level at 20.22. A further resistance level may holdings at 20.49. The Relative Strength Index (RSI) on the 14-day chart is 45.02, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.47, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 71.33%. Stochastics %K at 19.95% indicates the stock is a buying.
How much short interest is there in Privia Health Group Inc?
A steep rise in short interest was recorded in Privia Health Group Inc stocks on 2024-12-13, growing by 0.32 million shares to a total of 5.97 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 5.65 million shares. There was a rise of 5.37%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on March 06, 2024 when Barclays began covering the stock and recommended ‘”an Equal weight”‘ rating along with a $22 price target.
