Pinnacle Financial Partners Inc’s recently made public that its Director Glover Glenda Baskin unloaded Company’s shares for reported $0.3 million on Mar 14 ’25. In the deal valued at $101.55 per share,3,000 shares were sold. As a result of this transaction, Glover Glenda Baskin now holds 9,943 shares worth roughly $1.05 million.
Then, Glover Glenda Baskin bought 3,000 shares, generating $304,652 in total proceeds.
Before that, TURNER M TERRY bought 2,000 shares. Pinnacle Financial Partners Inc shares valued at $201,258 were divested by the Officer at a price of $100.63 per share.
Barclays upgraded its Pinnacle Financial Partners Inc [PNFP] rating to an Overweight from a an Equal weight in a research note published on December 19, 2024; the price target was increased to $135 from $120. Keefe Bruyette also remained covering PNFP and has decreased its forecast on December 04, 2024 with a “Mkt perform” recommendation from previously “an Outperform” rating. Hovde Group revised its rating on November 18, 2024. It rated PNFP as “a Market perform” which previously was an “an Outperform”.
Price Performance Review of PNFP
On Friday, Pinnacle Financial Partners Inc [NASDAQ:PNFP] saw its stock jump 0.44% to $105.99. Over the last five days, the stock has gained 3.08%. Pinnacle Financial Partners Inc shares have fallen nearly -7.34% since the year began. Nevertheless, the stocks have risen 32.34% over the past one year. While a 52-week high of $131.91 was reached on 01/30/25, a 52-week low of $73.62 was recorded on 03/11/25. SMA at 50 days reached $115.33, while 200 days put it at $103.54.
Levels Of Support And Resistance For PNFP Stock
The 24-hour chart illustrates a support level at 103.77, which if violated will result in even more drops to 101.56. On the upside, there is a resistance level at 107.38. A further resistance level may holdings at 108.77. The Relative Strength Index (RSI) on the 14-day chart is 42.80, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.76, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 46.68%. Stochastics %K at 46.52% indicates the stock is a holding.
How much short interest is there in Pinnacle Financial Partners Inc?
A steep rise in short interest was recorded in Pinnacle Financial Partners Inc stocks on 2025-02-28, dropping by -0.24 million shares to a total of 1.2 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 1.44 million shares. There was a decline of -19.8%, which implies that there is a negative sentiment for the stock.
