Papa John’s International, Inc’s recently made public that its Director Coleman Christopher L. acquired Company’s shares for reported $0.1 million on Aug 14 ’24. In the deal valued at $44.75 per share,2,250 shares were bought. As a result of this transaction, Coleman Christopher L. now holds 35,069 shares worth roughly $1.32 million.
Then, Thanawala Ravi bought 1,900 shares, generating $99,579 in total proceeds. Upon buying the shares at $52.41, the Interim CEO, and CFO now owns 38,920 shares.
Before that, KOELLNER LAURETTE T sold 2,886 shares. Papa John’s International, Inc shares valued at $202,625 were divested by the Director at a price of $70.21 per share. As a result of the transaction, KOELLNER LAURETTE T now holds 18,804 shares, worth roughly $0.71 million.
KeyBanc Capital Markets downgraded its Papa John’s International, Inc [PZZA] rating to a Sector weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Stifel’s analysts, who increased its forecast for the stock in late April from “a Sell” to “a Hold”. BTIG Research revised its rating on March 22, 2024. It rated PZZA as “a Neutral” which previously was an “a Buy”.
Price Performance Review of PZZA
On Monday, Papa John’s International, Inc [NASDAQ:PZZA] saw its stock jump 2.42% to $37.70. Over the last five days, the stock has lost -12.51%. Papa John’s International, Inc shares have fallen nearly -8.21% since the year began. Nevertheless, the stocks have fallen -47.46% over the past one year. While a 52-week high of $78.67 was reached on 01/03/25, a 52-week low of $36.25 was recorded on 01/10/25. SMA at 50 days reached $46.78, while 200 days put it at $49.77.
Levels Of Support And Resistance For PZZA Stock
The 24-hour chart illustrates a support level at 36.85, which if violated will result in even more drops to 35.99. On the upside, there is a resistance level at 38.48. A further resistance level may holdings at 39.25. The Relative Strength Index (RSI) on the 14-day chart is 34.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.55, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.46%. Stochastics %K at 9.93% indicates the stock is a buying.
How much short interest is there in Papa John’s International, Inc?
A steep rise in short interest was recorded in Papa John’s International, Inc stocks on 2024-12-31, growing by 0.59 million shares to a total of 3.51 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 2.92 million shares. There was a rise of 16.93%, which implies that there is a positive sentiment for the stock.
