Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Procter & Gamble Co shares valued at $746,640 were purchased by Janzaruk Matthew W. on Feb 04 ’25. At $165.92 per share, Janzaruk Matthew W. acquired 4,500 shares.
Also, Pritchard Marc S. sold 90,450 shares, netting a total of over 14,819,030 in proceeds. Following the sale of shares at $163.84 each, the insider now holds 172,814 shares.
Before that, Pritchard Marc S. had added 90,450 shares to its account. In a trade valued at $14,533,054, the Officer bought Procter & Gamble Co shares for $160.68 each.
As published in a research note from DA Davidson on November 25, 2024, Procter & Gamble Co [PG] has been rated up from a Neutral to a Buy and the price target has been revised to $209 from $160. Analysts at DA Davidson started covering the stock with ‘”a Neutral”‘ outlook in a report released in early October. As of September 30, 2024, Barclays has decreased its “an Overweight” rating to a “an Equal weight” for PG. Earlier on September 24, 2024, Piper Sandler initiated its rating. Their recommendation was “a Neutral” for PG stock.
Analyzing PG Stock Performance
During the last five days, there has been a surge of approximately 1.67%. Over the course of the year, Procter & Gamble Co shares have jumped approximately 0.81%. Shares of the company reached a 52-week high of $169.94 on 01/27/25 and a 52-week low of $157.47 on 01/10/25. A 50-day SMA is recorded $168.62, while a 200-day SMA reached $168.20. Nevertheless, trading volume fell to 6.82 million shares from 6.41 million shares the previous day.
Support And Resistance Levels for Procter & Gamble Co (PG)
According to the 24-hour chart, there is a support level at 167.37, which, if violated, would cause prices to drop to 165.72. In the upper region, resistance lies at 169.90. The next price resistance is at 170.78. RSI (Relative Strength Index) is 57.07 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.94, which suggests the price will increase in the coming days. Percent R is at 8.61%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
