Parker-Hannifin Corp’s filing revealed that its Officer Czaja Mark T acquired Company’s shares for reported $0.27 million on Jan 31 ’25. In the deal valued at $712.14 per share,375 shares were bought.
Then, SCAMINACE JOSEPH sold 663 shares, generating $462,714 in total proceeds. Upon selling the shares at $697.91, the Director now owns 3,237 shares.
Before that, SCAMINACE JOSEPH sold 458 shares. Parker-Hannifin Corp shares valued at $321,269 were divested by the Director at a price of $701.46 per share. As a result of the transaction, SCAMINACE JOSEPH now holds 299 shares, worth roughly $0.21 million.
Wolfe Research upgraded its Parker-Hannifin Corp [PH] rating to an Outperform from a a Peer perform in a research note published recently. A number of analysts have revised their coverage, including Stifel’s analysts, who decreased its forecast for the stock in mid November from “a Buy” to “a Hold”. UBS began covering PH with “Buy” recommendation on November 13, 2024. Raymond James started covering the stock on June 28, 2024. It rated PH as “an Outperform”.
Price Performance Review of PH
On Monday, Parker-Hannifin Corp [NYSE:PH] saw its stock fall -1.60% to $695.77. Over the last five days, the stock has gained 4.98%. Parker-Hannifin Corp shares have risen nearly 9.39% since the year began. Nevertheless, the stocks have risen 49.79% over the past one year. While a 52-week high of $718.44 was reached on 01/31/25, a 52-week low of $482.60 was recorded on 01/10/25. SMA at 50 days reached $670.64, while 200 days put it at $598.84.
Levels Of Support And Resistance For PH Stock
The 24-hour chart illustrates a support level at 685.14, which if violated will result in even more drops to 674.51. On the upside, there is a resistance level at 707.09. A further resistance level may holdings at 718.40. The Relative Strength Index (RSI) on the 14-day chart is 62.13, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 27.57, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 29.44%. Stochastics %K at 84.29% indicates the stock is a selling.
How much short interest is there in Parker-Hannifin Corp?
A steep rise in short interest was recorded in Parker-Hannifin Corp stocks on 2025-01-15, dropping by 86486.0 shares to a total of 1.22 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 1.3 million shares. There was a decline of -7.11%, which implies that there is a negative sentiment for the stock.
