Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Paragon 28 Inc shares valued at $8,053,116 were sold by MVM Partners, LLC on Mar 04 ’25. At $12.99 per share, MVM Partners, LLC sold 619,747 shares. The insider’s holdings dropped to 9,609,771 shares worth approximately $125.22 million following the completion of this transaction.
Also, MVM Partners, LLC sold 590,224 shares, netting a total of over 7,684,362 in proceeds. Following the sale of shares at $13.02 each, the insider now holds 9,019,547 shares.
Before that, MVM Partners, LLC had sold 164,664 shares from its account. In a trade valued at $2,142,592, the 10% Owner traded Paragon 28 Inc shares for $13.01 each. Upon closing the transaction, the insider’s holdings decreased to 164,664 shares, worth approximately $115.38 million.
As published in a research note from William Blair on January 29, 2025, Paragon 28 Inc [FNA] has been rated down from an Outperform to a Mkt perform. Analysts at Needham downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in late January. As of September 29, 2023, William Blair has initiated its “an Outperform” rating for FNA. Earlier on April 11, 2023, Stephens initiated its rating. Their recommendation was “an Overweight” for FNA stock.
Analyzing FNA Stock Performance
During the last five days, there has been a surge of approximately 0.31%. Over the course of the year, Paragon 28 Inc shares have jumped approximately 26.14%. Shares of the company reached a 52-week high of $13.13 on 01/29/25 and a 52-week low of $9.44 on 01/14/25. A 50-day SMA is recorded $11.94, while a 200-day SMA reached $8.64.
Support And Resistance Levels for Paragon 28 Inc (FNA)
According to the 24-hour chart, there is a support level at 13.01, which, if violated, would cause prices to drop to 12.99. In the upper region, resistance lies at 13.04. The next price resistance is at 13.05. RSI (Relative Strength Index) is 70.54 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.01, which suggests the price will decrease in the coming days. Percent R is at 40.00%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
