Permian Resources Corp’s recently made public that its Director Quinn William J acquired Company’s shares for reported $3.02 million on Mar 05 ’25. In the deal valued at $12.10 per share,250,000 shares were bought. As a result of this transaction, Quinn William J now holds 1,312,429 shares worth roughly $16.63 million.
Then, Quinn William J bought 500,000 shares, generating $6,536,600 in total proceeds. Upon buying the shares at $13.07, the Director now owns 812,429 shares.
Before that, Quinn William J bought 250,000 shares. Permian Resources Corp shares valued at $3,085,850 were divested by the Director at a price of $12.34 per share. As a result of the transaction, Quinn William J now holds 1,062,429 shares, worth roughly $13.46 million.
Susquehanna upgraded its Permian Resources Corp [PR] rating to a Positive from a a Neutral in a research note published on March 05, 2025; the price target was increased to $20 from $17. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who began to cover the stock in early January with a ‘”an Overweight”‘ rating. Goldman began covering PR with “Buy” recommendation on September 30, 2024. Wolfe Research started covering the stock on July 18, 2024. It rated PR as “a Peer perform”.
Price Performance Review of PR
On Friday, Permian Resources Corp [NYSE:PR] saw its stock jump 1.85% to $12.67. Over the last five days, the stock has lost -10.08%. Permian Resources Corp shares have fallen nearly -11.89% since the year began. Nevertheless, the stocks have fallen -16.57% over the past one year. While a 52-week high of $17.94 was reached on 01/17/25, a 52-week low of $11.84 was recorded on 03/05/25. SMA at 50 days reached $14.50, while 200 days put it at $14.74.
Levels Of Support And Resistance For PR Stock
The 24-hour chart illustrates a support level at 12.46, which if violated will result in even more drops to 12.24. On the upside, there is a resistance level at 12.98. A further resistance level may holdings at 13.28. The Relative Strength Index (RSI) on the 14-day chart is 31.90, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.10%. Stochastics %K at 22.63% indicates the stock is a holding.
