Perrigo Company plc’s recent filing unveils that its Director KINDLER JEFFREY B unloaded Company’s shares for reported $0.5 million on Dec 09 ’24. In the deal valued at $28.27 per share,17,598 shares were sold. As a result of this transaction, KINDLER JEFFREY B now holds 5,409 shares worth roughly $0.13 million.
Then, KINDLER JEFFREY B bought 17,598 shares, generating $497,426 in total proceeds.
Before that, Doyle Katherine C. sold 8,954 shares. Perrigo Company plc shares valued at $244,444 were divested by the Director at a price of $27.30 per share. As a result of the transaction, Doyle Katherine C. now holds 6,009 shares, worth roughly $0.15 million.
Argus downgraded its Perrigo Company plc [PRGO] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who decreased its forecast for the stock in early January from “an Overweight” to “a Neutral”. Piper Sandler started covering the stock on November 17, 2023. It rated PRGO as “an Overweight”.
Price Performance Review of PRGO
On Tuesday, Perrigo Company plc [NYSE:PRGO] saw its stock jump 2.56% to $24.45. Over the last five days, the stock has gained 0.45%. Perrigo Company plc shares have fallen nearly -4.90% since the year began. Nevertheless, the stocks have fallen -25.41% over the past one year. While a 52-week high of $33.96 was reached on 01/02/25, a 52-week low of $23.14 was recorded on 01/14/25. SMA at 50 days reached $26.48, while 200 days put it at $27.48.
Levels Of Support And Resistance For PRGO Stock
The 24-hour chart illustrates a support level at 23.91, which if violated will result in even more drops to 23.37. On the upside, there is a resistance level at 24.91. A further resistance level may holdings at 25.37. The Relative Strength Index (RSI) on the 14-day chart is 40.30, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.67, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 59.97%. Stochastics %K at 27.60% indicates the stock is a holding.
How much short interest is there in Perrigo Company plc?
A steep rise in short interest was recorded in Perrigo Company plc stocks on 2024-12-31, growing by 0.47 million shares to a total of 4.5 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 4.02 million shares. There was a rise of 10.52%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on March 07, 2023 when Canaccord Genuity began covering the stock and recommended ‘”a Buy”‘ rating along with a $49 price target.
