Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Premier Inc shares valued at $19,943 were purchased by Bigalke John T. on Mar 05 ’25. At $17.54 per share, Bigalke John T. acquired 1,137 shares.
Also, McKasson Craig S. purchased 15,000 shares, netting a total of over 267,500 in proceeds.
Before that, Anderson Leigh had added 20,000 shares to its account. In a trade valued at $363,600, the Former Officer bought Premier Inc shares for $18.18 each.
As published in a research note from The Benchmark Company on August 26, 2024, Premier Inc [PINC] has been rated down from a Buy to a Hold. Analysts at Canaccord Genuity downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early May. As of February 26, 2024, Leerink Partners has initiated its “Market perform” rating for PINC. Earlier on January 03, 2024, Barclays initiated its rating. Their recommendation was “an Equal weight” for PINC stock.
Analyzing PINC Stock Performance
During the last five days, there has been a drop of approximately -4.17%. Over the course of the year, Premier Inc shares have dropped approximately -17.64%. Shares of the company reached a 52-week high of $23.14 on 01/28/25 and a 52-week low of $17.29 on 03/05/25. A 50-day SMA is recorded $20.39, while a 200-day SMA reached $20.20.
Support And Resistance Levels for Premier Inc (PINC)
According to the 24-hour chart, there is a support level at 17.26, which, if violated, would cause prices to drop to 17.07. In the upper region, resistance lies at 17.68. The next price resistance is at 17.90. RSI (Relative Strength Index) is 27.74 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.52, which suggests the price will decrease in the coming days. Percent R is at 90.20%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
