Paragon 28 Inc’s recently made public that its 10% Owner MVM Partners, LLC unloaded Company’s shares for reported $8.05 million on Mar 04 ’25. In the deal valued at $12.99 per share,619,747 shares were sold. As a result of this transaction, MVM Partners, LLC now holds 9,609,771 shares worth roughly $125.02 million.
Then, MVM Partners, LLC sold 590,224 shares, generating $7,684,362 in total proceeds. Upon selling the shares at $13.02, the 10% Owner now owns 9,019,547 shares.
Before that, MVM Partners, LLC sold 164,664 shares. Paragon 28 Inc shares valued at $2,142,592 were divested by the 10% Owner at a price of $13.01 per share. As a result of the transaction, MVM Partners, LLC now holds 8,854,883 shares, worth roughly $115.2 million.
William Blair downgraded its Paragon 28 Inc [FNA] rating to a Mkt perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Needham’s analysts, who decreased its forecast for the stock in late January from “a Buy” to “a Hold”. William Blair began covering FNA with “an Outperform” recommendation on September 29, 2023. Stephens started covering the stock on April 11, 2023. It rated FNA as “an Overweight”.
Price Performance Review of FNA
On Monday, Paragon 28 Inc [NYSE:FNA] saw its stock fall -0.15% to $13.01. Over the last five days, the stock has lost -0.15%. Paragon 28 Inc shares have risen nearly 25.94% since the year began. Nevertheless, the stocks have risen 20.24% over the past one year. While a 52-week high of $13.13 was reached on 01/29/25, a 52-week low of $4.65 was recorded on 01/14/25. SMA at 50 days reached $12.06, while 200 days put it at $8.69.
Levels Of Support And Resistance For FNA Stock
The 24-hour chart illustrates a support level at 13.00, which if violated will result in even more drops to 13.00. On the upside, there is a resistance level at 13.02. A further resistance level may holdings at 13.04. The Relative Strength Index (RSI) on the 14-day chart is 68.71, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.00%. Stochastics %K at 58.10% indicates the stock is a holding.
