Patrick Industries, Inc’s recent filing unveils that its Director Mayes Derrick B unloaded Company’s shares for reported $0.17 million on Feb 11 ’25. In the deal valued at $93.27 per share,1,820 shares were sold. As a result of this transaction, Mayes Derrick B now holds 10,549 shares worth roughly $0.98 million.
Then, Derrick B. Mayes bought 1,820 shares, generating $172,500 in total proceeds.
Before that, Duthie Joel D sold 7,300 shares. Patrick Industries, Inc shares valued at $694,763 were divested by the Chief Legal Officer/Secretary at a price of $95.17 per share. As a result of the transaction, Duthie Joel D now holds 39,548 shares, worth roughly $3.67 million.
Raymond James initiated its Patrick Industries, Inc [PATK] rating to an Outperform in a research note published on October 01, 2024; the price target was $160. A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who began to cover the stock in late August with a ‘”a Buy”‘ rating. BMO Capital Markets began covering PATK with “an Outperform” recommendation on December 07, 2023. KeyBanc Capital Markets started covering the stock on April 19, 2023. It rated PATK as “an Overweight”.
Price Performance Review of PATK
On Tuesday, Patrick Industries, Inc [NASDAQ:PATK] saw its stock jump 1.74% to $92.72. Over the last five days, the stock has lost -2.48%. Patrick Industries, Inc shares have risen nearly 11.60% since the year began. Nevertheless, the stocks have risen 22.13% over the past one year. While a 52-week high of $98.90 was reached on 02/05/25, a 52-week low of $67.72 was recorded on 01/10/25. SMA at 50 days reached $90.21, while 200 days put it at $85.19.
Levels Of Support And Resistance For PATK Stock
The 24-hour chart illustrates a support level at 89.31, which if violated will result in even more drops to 85.90. On the upside, there is a resistance level at 95.32. A further resistance level may holdings at 97.93. The Relative Strength Index (RSI) on the 14-day chart is 49.32, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.59, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 58.25%. Stochastics %K at 21.48% indicates the stock is a holding.
The most recent change occurred on August 26, 2022 when DA Davidson began covering the stock and recommended ‘”a Neutral”‘ rating along with a $65 price target.
