Par Pacific Holdings Inc’s recent filing unveils that its President and CEO Monteleone William unloaded Company’s shares for reported $0.42 million on Dec 16 ’24. In the deal valued at $15.81 per share,26,507 shares were sold. As a result of this transaction, Monteleone William now holds 357,374 shares worth roughly $6.25 million.
Then, Monteleone William bought 26,507 shares, generating $419,003 in total proceeds.
Before that, PATE WILLIAM sold 67,700 shares. Par Pacific Holdings Inc shares valued at $1,098,094 were divested by the Director at a price of $16.22 per share. As a result of the transaction, PATE WILLIAM now holds 524,610 shares, worth roughly $9.18 million.
Raymond James initiated its Par Pacific Holdings Inc [PARR] rating to an Outperform in a research note published on January 24, 2025; the price target was $25. A number of analysts have revised their coverage, including Mizuho’s analysts, who decreased its forecast for the stock in mid December from “an Outperform” to “a Neutral”. JP Morgan also remained covering PARR and has increased its forecast on October 02, 2024 with a “an Overweight” recommendation from previously “Neutral” rating. Piper Sandler revised its rating on September 20, 2024. It rated PARR as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of PARR
On Friday, Par Pacific Holdings Inc [NYSE:PARR] saw its stock fall -1.02% to $17.50. Over the last five days, the stock has lost -1.74%. Par Pacific Holdings Inc shares have risen nearly 6.77% since the year began. Nevertheless, the stocks have fallen -48.92% over the past one year. While a 52-week high of $40.69 was reached on 01/13/25, a 52-week low of $14.84 was recorded on 01/03/25. SMA at 50 days reached $16.89, while 200 days put it at $22.01.
Levels Of Support And Resistance For PARR Stock
The 24-hour chart illustrates a support level at 17.30, which if violated will result in even more drops to 17.09. On the upside, there is a resistance level at 17.89. A further resistance level may holdings at 18.27. The Relative Strength Index (RSI) on the 14-day chart is 53.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 49.80%. Stochastics %K at 48.27% indicates the stock is a holding.
How much short interest is there in Par Pacific Holdings Inc?
A steep rise in short interest was recorded in Par Pacific Holdings Inc stocks on 2024-12-31, dropping by -0.75 million shares to a total of 3.07 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 3.82 million shares. There was a decline of -24.36%, which implies that there is a negative sentiment for the stock.
