Pacific Premier Bancorp, Inc’s filing revealed that its SEVP & Chief Risk Officer Karr Michael S unloaded Company’s shares for reported $0.28 million on Dec 17 ’24. In the deal valued at $26.87 per share,10,290 shares were sold. As a result of this transaction, Karr Michael S now holds 79,474 shares worth roughly $1.9 million.
Then, Karr Family Trust UAD 2/15/05 bought 10,290 shares, generating $277,000 in total proceeds.
Before that, Ohlhaver Margaret S. sold 9,273 shares. Pacific Premier Bancorp, Inc shares valued at $259,255 were divested by the Sr.EVP, Chf Human Res. Officer at a price of $27.96 per share. As a result of the transaction, Ohlhaver Margaret S. now holds 25,475 shares, worth roughly $0.61 million.
Raymond James downgraded its Pacific Premier Bancorp, Inc [PPBI] rating to an Outperform from a a Strong buy in a research note published on January 30, 2024; the price target was increased to $29 from $26. A number of analysts have revised their coverage, including Raymond James’s analysts, who increased its forecast for the stock in early July from “an Outperform” to “a Strong buy”. Stephens also remained covering PPBI and has decreased its forecast on January 25, 2022 with a “an Equal-weight” recommendation from previously “an Overweight” rating. Raymond James revised its rating on October 07, 2021. It rated PPBI as “an Outperform” which previously was an “a Strong buy”.
Price Performance Review of PPBI
On Tuesday, Pacific Premier Bancorp, Inc [NASDAQ:PPBI] saw its stock jump 3.37% to $23.95. Over the last five days, the stock has lost -3.66%. Pacific Premier Bancorp, Inc shares have fallen nearly -3.89% since the year began. Nevertheless, the stocks have fallen -14.37% over the past one year. While a 52-week high of $30.28 was reached on 01/06/25, a 52-week low of $20.52 was recorded on 01/13/25. SMA at 50 days reached $26.57, while 200 days put it at $24.55.
Levels Of Support And Resistance For PPBI Stock
The 24-hour chart illustrates a support level at 23.55, which if violated will result in even more drops to 23.16. On the upside, there is a resistance level at 24.15. A further resistance level may holdings at 24.36. The Relative Strength Index (RSI) on the 14-day chart is 38.33, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.13, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.33%. Stochastics %K at 24.39% indicates the stock is a holding.
How much short interest is there in Pacific Premier Bancorp, Inc?
A steep rise in short interest was recorded in Pacific Premier Bancorp, Inc stocks on 2024-12-31, growing by 4702.0 shares to a total of 1.87 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 1.86 million shares. There was a rise of 0.25%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on May 26, 2021 when Wedbush began covering the stock and recommended ‘”a Neutral”‘ rating along with a $48 price target.
