In a filing, Paragon 28 Inc revealed its 10% Owner MVM Partners, LLC acquired Company’s shares for reported $81.51 million on Mar 20 ’25. In the deal valued at $13.03 per share,6,255,906 shares were bought.
Then, MVM Partners, LLC sold 1,044,295 shares, generating $13,618,129 in total proceeds. Upon selling the shares at $13.04, the 10% Owner now owns 7,810,588 shares.
Before that, MVM Partners, LLC bought 2,000,001 shares. Paragon 28 Inc shares valued at $26,120,013 were divested by the 10% Owner at a price of $13.06 per share.
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 -0.08% to $13.00. Over the last five days, the stock has lost -0.08%. Paragon 28 Inc shares have risen nearly 25.85% since the year began. Nevertheless, the stocks have risen 32.38% 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 $12.56, while 200 days put it at $8.96.
Levels Of Support And Resistance For FNA Stock
The 24-hour chart illustrates a support level at 12.99, which if violated will result in even more drops to 12.97. On the upside, there is a resistance level at 13.03. A further resistance level may holdings at 13.05. The Relative Strength Index (RSI) on the 14-day chart is 62.44, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.89%. Stochastics %K at 30.37% 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.
