PVH Corp’s recently made public that its EVP, General Counsel & Sec. FISCHER MARK D unloaded Company’s shares for reported $0.34 million on Dec 30 ’24. In the deal valued at $105.50 per share,3,186 shares were sold. As a result of this transaction, FISCHER MARK D now holds 23,103 shares worth roughly $2.49 million.
Then, FISCHER MARK D bought 3,186 shares, generating $336,123 in total proceeds.
Before that, HOLMES JAMES sold 3,000 shares. PVH Corp shares valued at $325,178 were divested by the EVP & Controller at a price of $108.39 per share. As a result of the transaction, HOLMES JAMES now holds 13,904 shares, worth roughly $1.5 million.
BofA Securities downgraded its PVH Corp [PVH] rating to a Neutral from a a Buy in a research note published on October 02, 2024; the price target was decreased to $107 from $130. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in late August has reiterated a ‘”an Outperform”‘ rating for it. Jefferies began covering PVH with “Hold” recommendation on April 30, 2024. Wedbush revised its rating on April 15, 2024. It rated PVH as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of PVH
On Monday, PVH Corp [NYSE:PVH] saw its stock jump 2.18% to $107.78. Over the last five days, the stock has gained 0.30%. PVH Corp shares have risen nearly 1.92% since the year began. Nevertheless, the stocks have fallen -8.08% over the past one year. While a 52-week high of $141.15 was reached on 01/06/25, a 52-week low of $89.56 was recorded on 01/03/25. SMA at 50 days reached $104.51, while 200 days put it at $105.96.
Levels Of Support And Resistance For PVH Stock
The 24-hour chart illustrates a support level at 105.98, which if violated will result in even more drops to 104.18. On the upside, there is a resistance level at 109.73. A further resistance level may holdings at 111.68. The Relative Strength Index (RSI) on the 14-day chart is 53.51, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 43.00%. Stochastics %K at 37.97% indicates the stock is a holding.
How much short interest is there in PVH Corp?
A steep rise in short interest was recorded in PVH Corp stocks on 2024-11-15, growing by 0.22 million shares to a total of 2.1 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 1.88 million shares. There was a rise of 10.29%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on April 08, 2024 when JP Morgan resumed its ‘”an Overweight”‘ rating for the stock and retained the price target to $157.
