Philip Morris International Inc’s recently made public that its Pr.SmokeFree&ChiefCons.Officer Volpetti Stefano unloaded Company’s shares for reported $1.32 million on Oct 31 ’24. In the deal valued at $132.48 per share,10,000 shares were sold. As a result of this transaction, Volpetti Stefano now holds 91,780 shares worth roughly $11.36 million.
Then, STEFANO VOLPETTI bought 10,000 shares, generating $1,324,800 in total proceeds.
Before that, Calantzopoulos Andre sold 101,918 shares. Philip Morris International Inc shares valued at $13,234,052 were divested by the Chairman at a price of $129.85 per share. As a result of the transaction, Calantzopoulos Andre now holds 959,761 shares, worth roughly $118.83 million.
Morgan Stanley initiated its Philip Morris International Inc [PM] rating to an Overweight in a research note published on January 16, 2025; the price target was $140. A number of analysts have revised their coverage, including Argus’s analysts, who decreased its forecast for the stock in early March from “a Buy” to “a Hold”. Societe Generale also remained covering PM and has increased its forecast on February 13, 2024 with a “Hold” recommendation from previously “Sell” rating. UBS revised its rating on January 23, 2024. It rated PM as “a Sell” which previously was an “a Buy”.
Price Performance Review of PM
On Tuesday, Philip Morris International Inc [NYSE:PM] saw its stock jump 1.83% to $123.81. Over the last five days, the stock has gained 5.33%. Philip Morris International Inc shares have risen nearly 2.87% since the year began. Nevertheless, the stocks have risen 32.86% over the past one year. While a 52-week high of $134.15 was reached on 01/21/25, a 52-week low of $87.82 was recorded on 01/13/25. SMA at 50 days reached $125.54, while 200 days put it at $114.20.
Levels Of Support And Resistance For PM Stock
The 24-hour chart illustrates a support level at 122.62, which if violated will result in even more drops to 121.44. On the upside, there is a resistance level at 124.59. A further resistance level may holdings at 125.38. The Relative Strength Index (RSI) on the 14-day chart is 54.31, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.40, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 4.72%. Stochastics %K at 85.39% indicates the stock is a selling.
How much short interest is there in Philip Morris International Inc?
A steep rise in short interest was recorded in Philip Morris International Inc stocks on 2024-12-31, growing by 55437.0 shares to a total of 9.21 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 9.15 million shares. There was a rise of 0.6%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on November 16, 2023 when Redburn Atlantic began covering the stock and recommended ‘”a Neutral”‘ rating along with a $95 price target.
