Procter & Gamble Co’s recently made public that its CEO – Grooming Coombe Gary A unloaded Company’s shares for reported $6.08 million on Feb 28 ’25. In the deal valued at $173.68 per share,35,000 shares were sold. As a result of this transaction, Coombe Gary A now holds 22,051 shares worth roughly $3.7 million.
Then, Coombe Gary A bought 53,593 shares, generating $9,185,036 in total proceeds.
Before that, Coombe Gary A sold 18,000 shares. Procter & Gamble Co shares valued at $3,089,880 were divested by the CEO – Grooming at a price of $171.66 per share. As a result of the transaction, Coombe Gary A now holds 22,051 shares, worth roughly $3.7 million.
DA Davidson upgraded its Procter & Gamble Co [PG] rating to a Buy from a a Neutral in a research note published on November 25, 2024; the price target was increased to $209 from $160. A number of analysts have revised their coverage, including DA Davidson’s analysts, who began to cover the stock in early October with a ‘”a Neutral”‘ rating. Barclays also remained covering PG and has decreased its forecast on September 30, 2024 with a “an Equal weight” recommendation from previously “an Overweight” rating. Piper Sandler started covering the stock on September 24, 2024. It rated PG as “a Neutral”.
Price Performance Review of PG
On Friday, Procter & Gamble Co [NYSE:PG] saw its stock fall -0.37% to $167.97. Over the last five days, the stock has lost -4.54%. Procter & Gamble Co shares have risen nearly 0.19% since the year began. Nevertheless, the stocks have risen 3.73% over the past one year. While a 52-week high of $180.43 was reached on 03/10/25, a 52-week low of $153.52 was recorded on 01/10/25. SMA at 50 days reached $167.49, while 200 days put it at $168.98.
Levels Of Support And Resistance For PG Stock
The 24-hour chart illustrates a support level at 166.86, which if violated will result in even more drops to 165.76. On the upside, there is a resistance level at 168.83. A further resistance level may holdings at 169.70. The Relative Strength Index (RSI) on the 14-day chart is 43.84, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.41, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.90%. Stochastics %K at 12.61% indicates the stock is a buying.
How much short interest is there in Procter & Gamble Co?
A steep rise in short interest was recorded in Procter & Gamble Co stocks on 2025-02-28, growing by 2.1 million shares to a total of 18.11 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 16.01 million shares. There was a rise of 11.58%, which implies that there is a positive sentiment for the stock.
