Pacira BioSciences Inc’s filing revealed that its Chief Medical Officer SLONIN JONATHAN unloaded Company’s shares for reported $16174.0 on Jan 06 ’25. In the deal valued at $18.40 per share,879 shares were sold. As a result of this transaction, SLONIN JONATHAN now holds 93,444 shares worth roughly $1.74 million.
Then, SLONIN JONATHAN bought 879 shares, generating $16,174 in total proceeds.
Before that, GAUGLER DARYL sold 500 shares. Pacira BioSciences Inc shares valued at $9,880 were divested by the Chief Operating Officer at a price of $19.76 per share. As a result of the transaction, GAUGLER DARYL now holds 115,200 shares, worth roughly $2.15 million.
Truist downgraded its Pacira BioSciences Inc [PCRX] rating to a Sell from a a Buy in a research note published on August 13, 2024; the price target was decreased to $8 from $30. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who decreased its forecast for the stock in mid August from “an Outperform” to “a Sector perform”. Raymond James also remained covering PCRX and has decreased its forecast on August 12, 2024 with a “Mkt perform” recommendation from previously “an Outperform” rating. Piper Sandler revised its rating on August 12, 2024. It rated PCRX as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of PCRX
On Monday, Pacira BioSciences Inc [NASDAQ:PCRX] saw its stock jump 1.25% to $18.63. Over the last five days, the stock has lost -5.19%. Pacira BioSciences Inc shares have fallen nearly -1.11% since the year began. Nevertheless, the stocks have fallen -42.54% over the past one year. While a 52-week high of $35.95 was reached on 01/02/25, a 52-week low of $11.16 was recorded on 01/06/25. SMA at 50 days reached $18.01, while 200 days put it at $21.20.
Levels Of Support And Resistance For PCRX Stock
The 24-hour chart illustrates a support level at 18.15, which if violated will result in even more drops to 17.66. On the upside, there is a resistance level at 19.14. A further resistance level may holdings at 19.64. The Relative Strength Index (RSI) on the 14-day chart is 49.00, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.74, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.80%. Stochastics %K at 10.09% indicates the stock is a buying.
How much short interest is there in Pacira BioSciences Inc?
A steep rise in short interest was recorded in Pacira BioSciences Inc stocks on 2024-12-13, dropping by 71981.0 shares to a total of 4.75 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 4.82 million shares. There was a decline of -1.52%, which implies that there is a negative sentiment for the stock.
