Progyny Inc’s recent filing unveils that its Executive Chairman Schlanger David J acquired Company’s shares for reported $2.2 million on Dec 26 ’24. In the deal valued at $14.68 per share,150,000 shares were bought. As a result of this transaction, Schlanger David J now holds 228,269 shares worth roughly $5.3 million.
Then, Anevski Peter bought 209,500 shares, generating $3,034,084 in total proceeds. Upon buying the shares at $14.48, the CHIEF EXECUTIVE OFFICER now owns 441,463 shares.
Before that, SEIDENBERG BETH C bought 39,680 shares. Progyny Inc shares valued at $627,648 were divested by the Director at a price of $15.82 per share.
JP Morgan downgraded its Progyny Inc [PGNY] rating to a Neutral from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Truist’s analysts, who decreased its forecast for the stock in mid November from “a Buy” to “a Hold”. JMP Securities also remained covering PGNY and has decreased its forecast on September 19, 2024 with a “Mkt perform” recommendation from previously “Mkt outperform” rating. Leerink Partners revised its rating on August 07, 2024. It rated PGNY as “a Market perform” which previously was an “an Outperform”.
Price Performance Review of PGNY
On Friday, Progyny Inc [NASDAQ:PGNY] saw its stock fall -2.85% to $23.20. Over the last five days, the stock has gained 5.69%. Progyny Inc shares have risen nearly 34.49% since the year began. Nevertheless, the stocks have fallen -42.57% over the past one year. While a 52-week high of $40.89 was reached on 02/21/25, a 52-week low of $13.39 was recorded on 01/08/25. SMA at 50 days reached $19.51, while 200 days put it at $21.58.
Levels Of Support And Resistance For PGNY Stock
The 24-hour chart illustrates a support level at 22.80, which if violated will result in even more drops to 22.39. On the upside, there is a resistance level at 23.95. A further resistance level may holdings at 24.70. The Relative Strength Index (RSI) on the 14-day chart is 62.06, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.86, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 39.97%. Stochastics %K at 78.64% indicates the stock is a holding.
