Playtika Holding Corp’s recent filing unveils that its 10% Owner Playtika Holding UK II Ltd unloaded Company’s shares for reported $0.57 million on Dec 16 ’24. In the deal valued at $7.54 per share,75,923 shares were sold. As a result of this transaction, Playtika Holding UK II Ltd now holds 200,554,660 shares worth roughly $1.03 billion.
Then, Playtika Holding UK II Ltd sold 7,612 shares, generating $57,098 in total proceeds. Upon selling the shares at $7.50, the 10% Owner now owns 200,547,048 shares.
Before that, Playtika Holding UK II Ltd sold 369,560 shares. Playtika Holding Corp shares valued at $2,873,957 were divested by the 10% Owner at a price of $7.78 per share. As a result of the transaction, Playtika Holding UK II Ltd now holds 200,630,583 shares, worth roughly $1.03 billion.
Robert W. Baird downgraded its Playtika Holding Corp [PLTK] rating to a Neutral from a an Outperform in a research note published on February 28, 2025; the price target was decreased to $6 from $9. Macquarie also remained covering PLTK and has decreased its forecast on June 13, 2024 with a “Neutral” recommendation from previously “an Outperform” rating. HSBC Securities revised its rating on January 22, 2024. It rated PLTK as “a Hold” which previously was an “a Buy”.
Price Performance Review of PLTK
On Tuesday, Playtika Holding Corp [NASDAQ:PLTK] saw its stock jump 0.98% to $5.14. Over the last five days, the stock has lost -24.74%. Playtika Holding Corp shares have fallen nearly -25.94% since the year began. Nevertheless, the stocks have fallen -30.63% over the past one year. While a 52-week high of $9.15 was reached on 01/30/25, a 52-week low of $5.07 was recorded on 03/04/25. SMA at 50 days reached $6.95, while 200 days put it at $7.67.
Levels Of Support And Resistance For PLTK Stock
The 24-hour chart illustrates a support level at 5.00, which if violated will result in even more drops to 4.86. On the upside, there is a resistance level at 5.24. A further resistance level may holdings at 5.34. The Relative Strength Index (RSI) on the 14-day chart is 14.22, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.46, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.04%. Stochastics %K at 3.45% indicates the stock is a buying.
