Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Philip Morris International Inc shares valued at $2,730,875 were sold by Andolina Massimo on Feb 24 ’25. At $156.05 per share, Andolina Massimo sold 17,500 shares. The insider’s holdings dropped to 86,737 shares worth approximately $13.42 million following the completion of this transaction.
Also, MASSIMO ANDOLINA purchased 17,500 shares, netting a total of over 2,730,700 in proceeds.
Before that, Olczak Jacek had sold 40,000 shares from its account. In a trade valued at $5,954,800, the Chief Executive Officer traded Philip Morris International Inc shares for $148.87 each. Upon closing the transaction, the insider’s holdings decreased to 40,000 shares, worth approximately $84.71 million.
As published in their initiating research note from Morgan Stanley on January 16, 2025, Philip Morris International Inc [PM] has been an Overweight and the price target has been revised to $140. Analysts at Argus downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early March. As of February 13, 2024, Societe Generale has increased its “Sell” rating to a “Hold” for PM. Earlier on January 23, 2024, UBS downgraded its rating. Their new recommendation was “a Sell” for PM stock which previously was a “a Buy”.
Analyzing PM Stock Performance
During the last five days, there has been a surge of approximately 3.30%. Over the course of the year, Philip Morris International Inc shares have jumped approximately 28.57%. Shares of the company reached a 52-week high of $158.39 on 02/26/25 and a 52-week low of $116.12 on 01/13/25. A 50-day SMA is recorded $131.49, while a 200-day SMA reached $120.12. Nevertheless, trading volume fell to 6.86 million shares from 9.35 million shares the previous day.
Support And Resistance Levels for Philip Morris International Inc (PM)
According to the 24-hour chart, there is a support level at 153.22, which, if violated, would cause prices to drop to 151.69. In the upper region, resistance lies at 157.33. The next price resistance is at 159.91. RSI (Relative Strength Index) is 75.53 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 5.66, which suggests the price will increase in the coming days. Percent R is at 19.87%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
