Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Perrigo Company plc shares valued at $797,369 were purchased by Andersen Svend on Mar 03 ’25. At $29.53 per share, Andersen Svend acquired 27,000 shares.
Also, Andersen Svend purchased 17,343 shares, netting a total of over 525,416 in proceeds.
Before that, KINDLER JEFFREY B had sold 17,598 shares from its account. In a trade valued at $497,495, the Director traded Perrigo Company plc shares for $28.27 each. Upon closing the transaction, the insider’s holdings decreased to 17,598 shares, worth approximately $0.16 million.
As published in a research note from Argus on January 14, 2025, Perrigo Company plc [PRGO] has been rated down from a Buy to a Hold. Analysts at Piper Sandler downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in early January. Earlier on November 17, 2023, Piper Sandler initiated its rating. Their recommendation was “an Overweight” for PRGO stock.
Analyzing PRGO Stock Performance
During the last five days, there has been a surge of approximately 18.86%. Over the course of the year, Perrigo Company plc shares have jumped approximately 11.55%. Shares of the company reached a 52-week high of $30.93 on 03/03/25 and a 52-week low of $23.14 on 01/14/25. A 50-day SMA is recorded $25.29, while a 200-day SMA reached $26.58.
Support And Resistance Levels for Perrigo Company plc (PRGO)
According to the 24-hour chart, there is a support level at 28.30, which, if violated, would cause prices to drop to 27.93. In the upper region, resistance lies at 29.23. The next price resistance is at 29.79. RSI (Relative Strength Index) is 67.51 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.79, which suggests the price will increase in the coming days. Percent R is at 31.83%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
