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Paragon 28 Inc [FNA] 10% Owner makes an insider purchase of 6,255,906 shares worth 81.51 million.

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. Paragon 28 Inc shares valued at $81,514,455 were purchased by MVM Partners, LLC on Mar 20 ’25. At $13.03 per share, MVM Partners, LLC acquired 6,255,906 shares.

Also, MVM Partners, LLC sold 1,044,295 shares, netting a total of over 13,618,129 in proceeds. Following the sale of shares at $13.04 each, the insider now holds 7,810,588 shares.

Before that, MVM Partners, LLC had added 2,000,001 shares to its account. In a trade valued at $26,120,013, the 10% Owner bought Paragon 28 Inc shares for $13.06 each.

As published in a research note from William Blair on January 29, 2025, Paragon 28 Inc [FNA] has been rated down from an Outperform to a Mkt perform. Analysts at Needham downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in late January. As of September 29, 2023, William Blair has initiated its “an Outperform” rating for FNA. Earlier on April 11, 2023, Stephens initiated its rating. Their recommendation was “an Overweight” for FNA stock.

Analyzing FNA Stock Performance

During the last five days, there has been a surge of approximately 0.08%. Over the course of the year, Paragon 28 Inc shares have jumped approximately 26.14%. Shares of the company reached a 52-week high of $13.13 on 01/29/25 and a 52-week low of $9.44 on 01/14/25. A 50-day SMA is recorded $12.46, while a 200-day SMA reached $8.90.

Support And Resistance Levels for Paragon 28 Inc (FNA)

According to the 24-hour chart, there is a support level at 13.02, which, if violated, would cause prices to drop to 13.01. In the upper region, resistance lies at 13.05. The next price resistance is at 13.07. RSI (Relative Strength Index) is 66.38 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.01, which suggests the price will decrease in the coming days. Percent R is at 50.00%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

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