The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Prudential Financial Inc shares valued at $635,880 were purchased by SULLIVAN ANDREW F on Mar 12 ’25. At $105.98 per share, SULLIVAN ANDREW F acquired 6,000 shares.
Also, Di Sibio Carmine purchased 200 shares, netting a total of over 22,208 in proceeds. Following the buying of shares at $111.04 each, the insider now holds 200 shares.
Before that, TODMAN MICHAEL had sold 2,950 shares from its account. In a trade valued at $333,291, the Director traded Prudential Financial Inc shares for $112.98 each. Upon closing the transaction, the insider’s holdings decreased to 2,950 shares, worth approximately $39783.75.
As published in their initiating research note from BMO Capital Markets on January 23, 2025, Prudential Financial Inc [PRU] has been an Underperform and the price target has been revised to $101. Analysts at Evercore ISI upgraded the stock from ‘”an Underperform”‘ to ‘”an In-line”‘ outlook in a report released in mid November. As of October 09, 2024, TD Cowen has initiated its “Hold” rating for PRU. Earlier on September 05, 2024, Barclays initiated its rating. Their recommendation was “an Equal weight” for PRU stock.
Analyzing PRU Stock Performance
During the last five days, there has been a drop of approximately -4.16%. Over the course of the year, Prudential Financial Inc shares have dropped approximately -10.50%. Shares of the company reached a 52-week high of $123.88 on 01/29/25 and a 52-week low of $104.56 on 03/11/25. A 50-day SMA is recorded $114.95, while a 200-day SMA reached $118.95.
Support And Resistance Levels for Prudential Financial Inc (PRU)
According to the 24-hour chart, there is a support level at 104.85, which, if violated, would cause prices to drop to 103.61. In the upper region, resistance lies at 107.08. The next price resistance is at 108.07. RSI (Relative Strength Index) is 34.23 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -4.28, which suggests the price will decrease in the coming days. Percent R is at 87.31%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
