Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Premier Inc shares valued at $19,943 were sold by Bigalke John T. on Mar 05 ’25. At $17.54 per share, Bigalke John T. sold 1,137 shares. The insider’s holdings dropped to 29,810 shares worth approximately $0.54 million following the completion of this transaction.
Also, Bigalke John T. purchased 1,137 shares, netting a total of over 19,943 in proceeds.
Before that, McKasson Craig S. had added 15,000 shares to its account. In a trade valued at $267,500, the Former Officer bought Premier Inc shares for $17.83 each.
As published in a research note from The Benchmark Company on August 26, 2024, Premier Inc [PINC] has been rated down from a Buy to a Hold. Analysts at Canaccord Genuity downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early May. As of February 26, 2024, Leerink Partners has initiated its “Market perform” rating for PINC. Earlier on January 03, 2024, Barclays initiated its rating. Their recommendation was “an Equal weight” for PINC stock.
Analyzing PINC Stock Performance
During the last five days, there has been a surge of approximately 3.78%. Over the course of the year, Premier Inc shares have dropped approximately -14.53%. Shares of the company reached a 52-week high of $23.14 on 01/28/25 and a 52-week low of $17.23 on 03/06/25. A 50-day SMA is recorded $20.05, while a 200-day SMA reached $20.17.
Support And Resistance Levels for Premier Inc (PINC)
According to the 24-hour chart, there is a support level at 17.96, which, if violated, would cause prices to drop to 17.80. In the upper region, resistance lies at 18.33. The next price resistance is at 18.54. RSI (Relative Strength Index) is 41.18 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.23, which suggests the price will decrease in the coming days. Percent R is at 47.81%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
