Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Pentair plc shares valued at $706,608 were sold by Pilla Stephen J on Feb 14 ’25. At $98.14 per share, Pilla Stephen J sold 7,200 shares. The insider’s holdings dropped to 15,099 shares worth approximately $1.4 million following the completion of this transaction.
Also, Pilla Stephen J purchased 7,200 shares, netting a total of over 706,608 in proceeds.
Before that, GLENN T MICHAEL had sold 4,008 shares from its account. In a trade valued at $437,433, the Director traded Pentair plc shares for $109.14 each. Upon closing the transaction, the insider’s holdings decreased to 4,008 shares, worth approximately $2.78 million.
As published in a research note from KeyBanc Capital Markets on January 06, 2025, Pentair plc [PNR] has been rated down from an Overweight to a Sector weight. Analysts at Wolfe Research started covering the stock with ‘”an Outperform”‘ outlook in a report released in late November. As of July 19, 2024, Northcoast has decreased its “Buy” rating to a “Neutral” for PNR. Earlier on April 15, 2024, Northcoast upgraded its rating. Their new recommendation was “a Buy” for PNR stock which previously was a “a Neutral”.
Analyzing PNR Stock Performance
During the last five days, there has been a drop of approximately -2.38%. Over the course of the year, Pentair plc shares have dropped approximately -7.61%. Shares of the company reached a 52-week high of $106.07 on 01/22/25 and a 52-week low of $91.74 on 02/24/25. A 50-day SMA is recorded $100.11, while a 200-day SMA reached $92.67. Nevertheless, trading volume fell to 1.15 million shares from 1.09 million shares the previous day.
Support And Resistance Levels for Pentair plc (PNR)
According to the 24-hour chart, there is a support level at 92.47, which, if violated, would cause prices to drop to 91.95. In the upper region, resistance lies at 93.81. The next price resistance is at 94.63. RSI (Relative Strength Index) is 28.71 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.57, which suggests the price will decrease in the coming days. Percent R is at 83.90%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
