Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. United Parks & Resorts Inc shares valued at $723,060 were sold by Finazzo Christopher L. on Dec 13 ’24. At $55.62 per share, Finazzo Christopher L. sold 13,000 shares. The insider’s holdings dropped to 132,439 shares worth approximately $7.09 million following the completion of this transaction.
Also, Forrester James W Jr purchased 875 shares, netting a total of over 48,678 in proceeds.
Before that, Christopher Finazzo had added 13,000 shares to its account. In a trade valued at $736,190, the Chief Commercial Officer bought United Parks & Resorts Inc shares for $56.63 each.
As published in a research note from Goldman on August 08, 2024, United Parks & Resorts Inc [PRKS] has been rated down from a Buy to a Neutral and the price target has been revised to $53 from $63. Analysts at Guggenheim started covering the stock with ‘”a Buy”‘ outlook in a report released in early April. As of March 26, 2024, Mizuho has initiated its “an Underperform” rating for PRKS. Earlier on December 14, 2023, Morgan Stanley downgraded its rating. Their new recommendation was “an Equal-weight” for PRKS stock which previously was a “an Overweight”.
Analyzing PRKS Stock Performance
During the last five days, there has been a drop of approximately -8.14%. Over the course of the year, United Parks & Resorts Inc shares have dropped approximately -4.77%. Shares of the company reached a 52-week high of $60.63 on 01/06/25 and a 52-week low of $53.17 on 01/13/25. A 50-day SMA is recorded $56.53, while a 200-day SMA reached $53.08. Nevertheless, trading volume fell to 0.63 million shares from 0.53 million shares the previous day.
Support And Resistance Levels for United Parks & Resorts Inc (PRKS)
According to the 24-hour chart, there is a support level at 52.44, which, if violated, would cause prices to drop to 51.37. In the upper region, resistance lies at 55.64. The next price resistance is at 57.77. RSI (Relative Strength Index) is 38.41 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.85, which suggests the price will decrease in the coming days. Percent R is at 95.44%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
