In a filing, Pinnacle Financial Partners Inc revealed its Chairman-Carolinas & Virginia CALLICUTT RICHARD D II unloaded Company’s shares for reported $0.69 million on Feb 25 ’25. In the deal valued at $113.02 per share,6,110 shares were sold. As a result of this transaction, CALLICUTT RICHARD D II now holds 92,697 shares worth roughly $9.95 million.
Then, TURNER M TERRY sold 10,000 shares, generating $1,129,836 in total proceeds. Upon selling the shares at $112.98, the CEO now owns 234,975 shares.
Before that, MCCABE ROBERT A JR sold 40,000 shares. Pinnacle Financial Partners Inc shares valued at $4,552,208 were divested by the CHAIRMAN at a price of $113.81 per share. As a result of the transaction, MCCABE ROBERT A JR now holds 83,000 shares, worth roughly $8.91 million.
Barclays upgraded its Pinnacle Financial Partners Inc [PNFP] rating to an Overweight from a an Equal weight in a research note published on December 19, 2024; the price target was increased to $135 from $120. Keefe Bruyette also remained covering PNFP and has decreased its forecast on December 04, 2024 with a “Mkt perform” recommendation from previously “an Outperform” rating. Hovde Group revised its rating on November 18, 2024. It rated PNFP as “a Market perform” which previously was an “an Outperform”.
Price Performance Review of PNFP
On Tuesday, Pinnacle Financial Partners Inc [NASDAQ:PNFP] saw its stock fall -3.92% to $107.30. Over the last five days, the stock has lost -4.68%. Pinnacle Financial Partners Inc shares have fallen nearly -6.20% since the year began. Nevertheless, the stocks have risen 29.71% over the past one year. While a 52-week high of $131.91 was reached on 01/30/25, a 52-week low of $73.62 was recorded on 03/04/25. SMA at 50 days reached $117.91, while 200 days put it at $102.02.
Levels Of Support And Resistance For PNFP Stock
The 24-hour chart illustrates a support level at 103.55, which if violated will result in even more drops to 99.81. On the upside, there is a resistance level at 112.00. A further resistance level may holdings at 116.71. The Relative Strength Index (RSI) on the 14-day chart is 28.09, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.63, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.06%. Stochastics %K at 14.23% indicates the stock is a buying.
