Paramount Group Inc’s recent filing unveils that its Chairman, CEO and President Behler Albert P. acquired Company’s shares for reported $0.2 million on Mar 14 ’25. In the deal valued at $4.08 per share,50,000 shares were bought. As a result of this transaction, Behler Albert P. now holds 741,812 shares worth roughly $3.05 million.
Then, Behler Albert P. bought 50,000 shares, generating $199,950 in total proceeds. Upon buying the shares at $4.00, the Chairman, CEO and President now owns 691,812 shares.
Evercore ISI upgraded its Paramount Group Inc [PGRE] rating to an In-line from a an Underperform in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in mid November from “a Neutral” to “an Underperform”. Morgan Stanley revised its rating on November 23, 2022. It rated PGRE as “an Equal-weight” which previously was an “an Overweight”.
Price Performance Review of PGRE
On Monday, Paramount Group Inc [NYSE:PGRE] saw its stock jump 3.01% to $4.11. Over the last five days, the stock has lost -1.44%. Paramount Group Inc shares have fallen nearly -16.80% since the year began. Nevertheless, the stocks have fallen -11.39% over the past one year. While a 52-week high of $5.47 was reached on 01/03/25, a 52-week low of $3.97 was recorded on 03/17/25. SMA at 50 days reached $4.58, while 200 days put it at $4.82.
Levels Of Support And Resistance For PGRE Stock
The 24-hour chart illustrates a support level at 4.00, which if violated will result in even more drops to 3.89. On the upside, there is a resistance level at 4.18. A further resistance level may holdings at 4.26. The Relative Strength Index (RSI) on the 14-day chart is 33.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.21, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.56%. Stochastics %K at 9.74% indicates the stock is a buying.
How much short interest is there in Paramount Group Inc?
A steep rise in short interest was recorded in Paramount Group Inc stocks on 2025-02-28, growing by 0.29 million shares to a total of 3.59 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 3.3 million shares. There was a rise of 8.13%, which implies that there is a positive sentiment for the stock.
