In a filing, Paragon 28 Inc revealed its 10% Owner MVM Partners, LLC unloaded Company’s shares for reported $1.01 million on Jan 28 ’25. In the deal valued at $11.94 per share,84,323 shares were sold. As a result of this transaction, MVM Partners, LLC now holds 10,229,518 shares worth roughly $133.19 million.
Then, MVM Partners, LLC sold 27,142 shares, generating $315,425 in total proceeds. Upon selling the shares at $11.62, the 10% Owner now owns 10,313,841 shares.
Before that, MVM Partners, LLC sold 25,026 shares. Paragon 28 Inc shares valued at $290,176 were divested by the 10% Owner at a price of $11.60 per share. As a result of the transaction, MVM Partners, LLC now holds 10,340,983 shares, worth roughly $134.64 million.
William Blair downgraded its Paragon 28 Inc [FNA] rating to a Mkt perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Needham’s analysts, who decreased its forecast for the stock in late January from “a Buy” to “a Hold”. William Blair began covering FNA with “an Outperform” recommendation on September 29, 2023. Stephens started covering the stock on April 11, 2023. It rated FNA as “an Overweight”.
Price Performance Review of FNA
On Friday, Paragon 28 Inc [NYSE:FNA] saw its stock fall -0.23% to $13.02. Over the last five days, the stock has lost -0.31%. Paragon 28 Inc shares have risen nearly 26.04% since the year began. Nevertheless, the stocks have fallen -5.17% over the past one year. While a 52-week high of $13.76 was reached on 01/29/25, a 52-week low of $4.65 was recorded on 01/14/25. SMA at 50 days reached $11.45, while 200 days put it at $8.45.
Levels Of Support And Resistance For FNA Stock
The 24-hour chart illustrates a support level at 12.99, which if violated will result in even more drops to 12.97. On the upside, there is a resistance level at 13.06. A further resistance level may holdings at 13.11. The Relative Strength Index (RSI) on the 14-day chart is 74.20, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been 70.00 at 70.00%. Stochastics %K at 42.12% indicates the stock is a holding.
