Paragon 28 Inc’s filing revealed that its 10% Owner MVM Partners, LLC unloaded Company’s shares for reported $13.62 million on Mar 13 ’25. In the deal valued at $13.04 per share,1,044,295 shares were sold. As a result of this transaction, MVM Partners, LLC now holds 7,810,588 shares worth roughly $101.62 million.
Then, MVM Partners, LLC bought 2,000,001 shares, generating $26,120,013 in total proceeds.
Before that, MVM Partners, LLC sold 619,747 shares. Paragon 28 Inc shares valued at $8,053,116 were divested by the 10% Owner at a price of $12.99 per share. As a result of the transaction, MVM Partners, LLC now holds 9,609,771 shares, worth roughly $125.02 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. Paragon 28 Inc shares have risen nearly 25.94% since the year began. Nevertheless, the stocks have risen 39.00% 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 $12.33, while 200 days put it at $8.83.
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 12.98. On the upside, there is a resistance level at 13.03. A further resistance level may holdings at 13.04. The Relative Strength Index (RSI) on the 14-day chart is 65.24, 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 57.14% indicates the stock is a holding.
How much short interest is there in Paragon 28 Inc?
A steep rise in short interest was recorded in Paragon 28 Inc stocks on 2025-02-28, dropping by -0.67 million shares to a total of 1.44 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 2.11 million shares. There was a decline of -46.37%, which implies that there is a negative sentiment for the stock.
