The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Phreesia Inc shares valued at $862,770 were purchased by Gandhi Balaji on Feb 13 ’25. At $30.00 per share, Gandhi Balaji acquired 28,759 shares.
Also, Roberts Evan purchased 16,005 shares, netting a total of over 480,152 in proceeds.
Before that, Linetsky David had added 11,616 shares to its account. In a trade valued at $345,001, the Officer bought Phreesia Inc shares for $29.70 each.
As published in a research note from RBC Capital Mkts on January 08, 2025, Phreesia Inc [PHR] has been rated up from a Sector perform to an Outperform and the price target has been revised to $32 from $24. Analysts at Truist started covering the stock with ‘”a Buy”‘ outlook in a report released in late February. As of January 17, 2024, DA Davidson has increased its “Neutral” rating to a “Buy” for PHR. Earlier on January 03, 2024, Barclays initiated its rating. Their recommendation was “an Overweight” for PHR stock.
Analyzing PHR Stock Performance
During the last five days, there has been a surge of approximately 3.80%. Over the course of the year, Phreesia Inc shares have jumped approximately 19.28%. Shares of the company reached a 52-week high of $30.02 on 02/13/25 and a 52-week low of $25.00 on 01/03/25. A 50-day SMA is recorded $26.16, while a 200-day SMA reached $22.93. Nevertheless, trading volume fell to 0.82 million shares from 0.37 million shares the previous day.
Support And Resistance Levels for Phreesia Inc (PHR)
According to the 24-hour chart, there is a support level at 28.81, which, if violated, would cause prices to drop to 27.62. In the upper region, resistance lies at 30.61. The next price resistance is at 31.22. RSI (Relative Strength Index) is 66.36 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.28, which suggests the price will decrease in the coming days. Percent R is at 0.26%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
