In a filing, Playa Hotels & Resorts N.V revealed its 10% Owner DAVIDSON KEMPNER CAPITAL MANAG unloaded Company’s shares for reported $0.97 million on Nov 08 ’24. In the deal valued at $9.74 per share,100,000 shares were sold. As a result of this transaction, DAVIDSON KEMPNER CAPITAL MANAG now holds 12,142,519 shares worth roughly $156.4 million.
Then, Peterson Karl Mr. sold 60,000 shares, generating $498,600 in total proceeds. Upon selling the shares at $8.31, the Director now owns 2,469,033 shares.
Before that, Peterson Karl Mr. sold 5,000 shares. Playa Hotels & Resorts N.V shares valued at $47,900 were divested by the Director at a price of $9.58 per share. As a result of the transaction, Peterson Karl Mr. now holds 2,529,033 shares, worth roughly $32.57 million.
Truist downgraded its Playa Hotels & Resorts N.V [PLYA] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Citigroup’s analysts, who decreased its forecast for the stock in mid August from “a Buy” to “a Neutral”. BofA Securities also remained covering PLYA and has decreased its forecast on June 26, 2023 with a “an Underperform” recommendation from previously “Buy” rating. Citigroup revised its rating on December 14, 2022. It rated PLYA as “a Buy” which previously was an “a Neutral”.
Price Performance Review of PLYA
On Tuesday, Playa Hotels & Resorts N.V [NASDAQ:PLYA] saw its stock jump 1.90% to $12.88. Over the last five days, the stock has gained 4.04%. Playa Hotels & Resorts N.V shares have risen nearly 1.82% since the year began. Nevertheless, the stocks have risen 51.89% over the past one year. While a 52-week high of $12.81 was reached on 02/04/25, a 52-week low of $6.95 was recorded on 01/08/25. SMA at 50 days reached $11.31, while 200 days put it at $9.09.
Levels Of Support And Resistance For PLYA Stock
The 24-hour chart illustrates a support level at 12.71, which if violated will result in even more drops to 12.54. On the upside, there is a resistance level at 13.02. A further resistance level may holdings at 13.16. The Relative Strength Index (RSI) on the 14-day chart is 68.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.15, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 12.50%. Stochastics %K at 66.85% indicates the stock is a holding.
How much short interest is there in Playa Hotels & Resorts N.V?
A steep rise in short interest was recorded in Playa Hotels & Resorts N.V stocks on 2025-01-15, dropping by -1.35 million shares to a total of 4.25 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 5.59 million shares. There was a decline of -31.69%, which implies that there is a negative sentiment for the stock.
