Premier Inc’s recent filing unveils that its Former Officer McKasson Craig S. acquired Company’s shares for reported $0.34 million on Feb 04 ’25. In the deal valued at $22.68 per share,15,000 shares were bought.
Then, McKasson Craig S. bought 15,000 shares, generating $315,895 in total proceeds.
Before that, Boudreau Helen M sold 2,500 shares. Premier Inc shares valued at $53,550 were divested by the Director at a price of $21.42 per share. As a result of the transaction, Boudreau Helen M now holds 20,668 shares, worth roughly $0.37 million.
The Benchmark Company downgraded its Premier Inc [PINC] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Canaccord Genuity’s analysts, who decreased its forecast for the stock in early May from “a Buy” to “a Hold”. Leerink Partners began covering PINC with “Market perform” recommendation on February 26, 2024. Barclays started covering the stock on January 03, 2024. It rated PINC as “an Equal weight”.
Price Performance Review of PINC
On Friday, Premier Inc [NASDAQ:PINC] saw its stock fall -1.50% to $17.77. Over the last five days, the stock has lost -5.28%. Premier Inc shares have fallen nearly -16.18% since the year began. Nevertheless, the stocks have fallen -15.38% over the past one year. While a 52-week high of $23.56 was reached on 01/28/25, a 52-week low of $17.84 was recorded on 02/14/25. SMA at 50 days reached $21.23, while 200 days put it at $20.32.
Levels Of Support And Resistance For PINC Stock
The 24-hour chart illustrates a support level at 17.60, which if violated will result in even more drops to 17.43. On the upside, there is a resistance level at 18.03. A further resistance level may holdings at 18.30. The Relative Strength Index (RSI) on the 14-day chart is 21.08, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.62%. Stochastics %K at 1.78% indicates the stock is a buying.
How much short interest is there in Premier Inc?
A steep rise in short interest was recorded in Premier Inc stocks on 2025-01-31, growing by 1.77 million shares to a total of 9.46 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 7.68 million shares. There was a rise of 18.75%, which implies that there is a positive sentiment for the stock.
