Privia Health Group Inc’s recently made public that its Chief Executive Officer Mehrotra Parth unloaded Company’s shares for reported $2.5 million on Sep 10 ’24. In the deal valued at $18.50 per share,135,142 shares were sold. As a result of this transaction, Mehrotra Parth now holds 247,771 shares worth roughly $5.93 million.
Then, Mehrotra Parth bought 135,142 shares, generating $2,500,719 in total proceeds.
Before that, Boehler Adam bought 364 shares. Privia Health Group Inc shares valued at $6,006 were divested by the Director at a price of $16.50 per share. As a result of the transaction, Boehler Adam now holds 5,773,522 shares, worth roughly $138.22 million.
Needham initiated its Privia Health Group Inc [PRVA] rating to a Buy in a research note published on January 10, 2025; the price target was $25. A number of analysts have revised their coverage, including Macquarie’s analysts, who began to cover the stock in mid December with a ‘”an Outperform”‘ rating. KeyBanc Capital Markets began covering PRVA with “an Overweight” recommendation on October 11, 2024. Robert W. Baird started covering the stock on May 30, 2024. It rated PRVA as “an Outperform”.
Price Performance Review of PRVA
On Tuesday, Privia Health Group Inc [NASDAQ:PRVA] saw its stock jump 0.46% to $23.94. Over the last five days, the stock has gained 3.32%. Privia Health Group Inc shares have risen nearly 22.46% since the year began. Nevertheless, the stocks have risen 17.93% over the past one year. While a 52-week high of $23.86 was reached on 02/11/25, a 52-week low of $15.92 was recorded on 01/02/25. SMA at 50 days reached $21.51, while 200 days put it at $19.35.
Levels Of Support And Resistance For PRVA Stock
The 24-hour chart illustrates a support level at 23.64, which if violated will result in even more drops to 23.34. On the upside, there is a resistance level at 24.19. A further resistance level may holdings at 24.45. The Relative Strength Index (RSI) on the 14-day chart is 67.91, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.46, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 10.99%. Stochastics %K at 68.66% indicates the stock is a holding.
How much short interest is there in Privia Health Group Inc?
A steep rise in short interest was recorded in Privia Health Group Inc stocks on 2025-01-31, dropping by -0.86 million shares to a total of 4.92 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 5.77 million shares. There was a decline of -17.39%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on April 22, 2024 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $25 price target.
