Prologis Inc’s recent filing unveils that its Chief Investment Officer Ghazal Joseph unloaded Company’s shares for reported $1.31 million on Feb 05 ’25. In the deal valued at $118.74 per share,10,997 shares were sold. As a result of this transaction, Ghazal Joseph now holds 7,977 shares worth roughly $0.98 million.
Then, Ghazal Joseph bought 10,997 shares, generating $1,305,830 in total proceeds.
Before that, Ghazal Joseph sold 5,200 shares. Prologis Inc shares valued at $671,164 were divested by the Chief Investment Officer at a price of $129.07 per share. As a result of the transaction, Ghazal Joseph now holds 13,187 shares, worth roughly $1.62 million.
Raymond James downgraded its Prologis Inc [PLD] rating to a Mkt perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who increased its forecast for the stock in early January from “a Neutral” to “an Outperform”. Raymond James also remained covering PLD and has decreased its forecast on December 11, 2024 with a “an Outperform” recommendation from previously “Strong buy” rating. BMO Capital Markets revised its rating on December 06, 2024. It rated PLD as “an Underperform” which previously was an “a Market perform”.
Price Performance Review of PLD
On Tuesday, Prologis Inc [NYSE:PLD] saw its stock jump 1.56% to $122.61. Over the last five days, the stock has gained 1.07%. Prologis Inc shares have risen nearly 16.00% since the year began. Nevertheless, the stocks have fallen -8.12% over the past one year. While a 52-week high of $135.76 was reached on 02/25/25, a 52-week low of $100.82 was recorded on 01/13/25. SMA at 50 days reached $113.18, while 200 days put it at $117.02.
Levels Of Support And Resistance For PLD Stock
The 24-hour chart illustrates a support level at 121.35, which if violated will result in even more drops to 120.09. On the upside, there is a resistance level at 123.47. A further resistance level may holdings at 124.33. The Relative Strength Index (RSI) on the 14-day chart is 63.92, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.04, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.38%. Stochastics %K at 81.09% indicates the stock is a selling.
