Procter & Gamble Co’s filing revealed that its Officer Pritchard Marc S. acquired Company’s shares for reported $14.53 million on Jan 23 ’25. In the deal valued at $160.68 per share,90,450 shares were bought.
Then, Coombe Gary A sold 47,847 shares, generating $8,604,685 in total proceeds. Upon selling the shares at $179.84, the CEO – Grooming now owns 39,977 shares.
Before that, Purushothaman Balaji sold 12,800 shares. Procter & Gamble Co shares valued at $2,210,972 were divested by the Chief Human Resources Officer at a price of $172.73 per share. As a result of the transaction, Purushothaman Balaji now holds 11,595 shares, worth roughly $1.9 million.
DA Davidson upgraded its Procter & Gamble Co [PG] rating to a Buy from a a Neutral in a research note published on November 25, 2024; the price target was increased to $209 from $160. A number of analysts have revised their coverage, including DA Davidson’s analysts, who began to cover the stock in early October with a ‘”a Neutral”‘ rating. Barclays also remained covering PG and has decreased its forecast on September 30, 2024 with a “an Equal weight” recommendation from previously “an Overweight” rating. Piper Sandler started covering the stock on September 24, 2024. It rated PG as “a Neutral”.
Price Performance Review of PG
On Friday, Procter & Gamble Co [NYSE:PG] saw its stock fall -1.22% to $164.12. Over the last five days, the stock has gained 2.26%. Procter & Gamble Co shares have fallen nearly -2.11% since the year began. Nevertheless, the stocks have risen 6.59% over the past one year. While a 52-week high of $180.43 was reached on 01/02/25, a 52-week low of $152.06 was recorded on 01/10/25. SMA at 50 days reached $168.74, while 200 days put it at $167.75.
Levels Of Support And Resistance For PG Stock
The 24-hour chart illustrates a support level at 162.91, which if violated will result in even more drops to 161.70. On the upside, there is a resistance level at 165.62. A further resistance level may holdings at 167.12. The Relative Strength Index (RSI) on the 14-day chart is 47.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.27, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 37.68%. Stochastics %K at 68.10% indicates the stock is a holding.
How much short interest is there in Procter & Gamble Co?
A steep rise in short interest was recorded in Procter & Gamble Co stocks on 2024-12-31, dropping by -3.35 million shares to a total of 17.26 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 20.62 million shares. There was a decline of -19.43%, which implies that there is a negative sentiment for the stock.
