Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Perrigo Company plc shares valued at $497,495 were sold by KINDLER JEFFREY B on Dec 09 ’24. At $28.27 per share, KINDLER JEFFREY B sold 17,598 shares. The insider’s holdings dropped to 5,409 shares worth approximately $0.13 million following the completion of this transaction.
Also, KINDLER JEFFREY B purchased 17,598 shares, netting a total of over 497,426 in proceeds.
Before that, Doyle Katherine C. had sold 8,954 shares from its account. In a trade valued at $244,444, the Director traded Perrigo Company plc shares for $27.30 each. Upon closing the transaction, the insider’s holdings decreased to 8,954 shares, worth approximately $0.15 million.
As published in a research note from Argus on January 14, 2025, Perrigo Company plc [PRGO] has been rated down from a Buy to a Hold. Analysts at Piper Sandler downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in early January. Earlier on November 17, 2023, Piper Sandler initiated its rating. Their recommendation was “an Overweight” for PRGO stock.
Analyzing PRGO Stock Performance
During the last five days, there has been a surge of approximately 2.58%. Over the course of the year, Perrigo Company plc shares have dropped approximately -4.05%. Shares of the company reached a 52-week high of $26.41 on 01/02/25 and a 52-week low of $23.14 on 01/14/25. A 50-day SMA is recorded $26.23, while a 200-day SMA reached $27.27. Nevertheless, trading volume fell to 0.97 million shares from 1.1 million shares the previous day.
Support And Resistance Levels for Perrigo Company plc (PRGO)
According to the 24-hour chart, there is a support level at 24.46, which, if violated, would cause prices to drop to 24.26. In the upper region, resistance lies at 24.88. The next price resistance is at 25.10. RSI (Relative Strength Index) is 45.24 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.51, which suggests the price will decrease in the coming days. Percent R is at 39.29%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
