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. Prologis Inc shares valued at $1,305,784 were sold by Ghazal Joseph on Feb 05 ’25. At $118.74 per share, Ghazal Joseph sold 10,997 shares. The insider’s holdings dropped to 7,977 shares worth approximately $0.97 million following the completion of this transaction.
Also, Ghazal Joseph purchased 10,997 shares, netting a total of over 1,305,830 in proceeds.
Before that, Ghazal Joseph had sold 5,200 shares from its account. In a trade valued at $671,164, the Chief Investment Officer traded Prologis Inc shares for $129.07 each. Upon closing the transaction, the insider’s holdings decreased to 5,200 shares, worth approximately $1.6 million.
As published in a research note from Raymond James on February 03, 2025, Prologis Inc [PLD] has been rated down from an Outperform to a Mkt perform. Analysts at Robert W. Baird upgraded the stock from ‘”a Neutral”‘ to ‘”an Outperform”‘ outlook in a report released in early January. As of December 11, 2024, Raymond James has decreased its “Strong buy” rating to a “an Outperform” for PLD. Earlier on December 06, 2024, BMO Capital Markets downgraded its rating. Their new recommendation was “an Underperform” for PLD stock which previously was a “a Market perform”.
Analyzing PLD Stock Performance
During the last five days, there has been a drop of approximately -0.11%. Over the course of the year, Prologis Inc shares have jumped approximately 15.07%. Shares of the company reached a 52-week high of $122.61 on 02/14/25 and a 52-week low of $103.22 on 01/13/25. A 50-day SMA is recorded $112.56, while a 200-day SMA reached $116.71. Nevertheless, trading volume fell to 5.28 million shares from 2.15 million shares the previous day.
Support And Resistance Levels for Prologis Inc (PLD)
According to the 24-hour chart, there is a support level at 120.40, which, if violated, would cause prices to drop to 119.17. In the upper region, resistance lies at 122.51. The next price resistance is at 123.39. RSI (Relative Strength Index) is 62.57 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.52, which suggests the price will increase in the coming days. Percent R is at 12.02%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
