Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Par Pacific Holdings Inc shares valued at $238,468 were purchased by CHASE ANTHONY R on Jan 31 ’25. At $16.75 per share, CHASE ANTHONY R acquired 14,235 shares.
Also, Monteleone William sold 26,507 shares, netting a total of over 419,076 in proceeds. Following the sale of shares at $15.81 each, the insider now holds 357,374 shares.
Before that, Monteleone William had added 26,507 shares to its account. In a trade valued at $419,003, the Officer bought Par Pacific Holdings Inc shares for $15.81 each.
As published in their initiating research note from Raymond James on January 24, 2025, Par Pacific Holdings Inc [PARR] has been an Outperform and the price target has been revised to $25. Analysts at Mizuho downgraded the stock from ‘”an Outperform”‘ to ‘”a Neutral”‘ outlook in a report released in mid December. As of October 02, 2024, JP Morgan has increased its “Neutral” rating to a “an Overweight” for PARR. Earlier on September 20, 2024, Piper Sandler downgraded its rating. Their new recommendation was “a Neutral” for PARR stock which previously was a “an Overweight”.
Analyzing PARR Stock Performance
During the last five days, there has been a surge of approximately 2.26%. Over the course of the year, Par Pacific Holdings Inc shares have dropped approximately -0.79%. Shares of the company reached a 52-week high of $18.72 on 01/13/25 and a 52-week low of $15.32 on 02/13/25. A 50-day SMA is recorded $16.73, while a 200-day SMA reached $20.57. Nevertheless, trading volume fell to 1.3 million shares from 1.48 million shares the previous day.
Support And Resistance Levels for Par Pacific Holdings Inc (PARR)
According to the 24-hour chart, there is a support level at 15.60, which, if violated, would cause prices to drop to 14.95. In the upper region, resistance lies at 16.74. The next price resistance is at 17.23. RSI (Relative Strength Index) is 46.08 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.64, which suggests the price will decrease in the coming days. Percent R is at 67.64%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
