Perimeter Solutions Inc’s recently made public that its Director Raj Vivek unloaded Company’s shares for reported $2.29 million on Mar 14 ’25. In the deal valued at $9.17 per share,250,000 shares were sold. As a result of this transaction, Raj Vivek now holds 471,226 shares worth roughly $4.34 million.
Then, Vivek Raj bought 250,000 shares, generating $2,257,500 in total proceeds.
Before that, Cool Tracy Britt sold 50,000 shares. Perimeter Solutions Inc shares valued at $640,500 were divested by the Director at a price of $12.81 per share. As a result of the transaction, Cool Tracy Britt now holds 173,449 shares, worth roughly $1.6 million.
UBS downgraded its Perimeter Solutions Inc [PRM] rating to a Neutral from a a Buy in a research note published on October 11, 2023; the price target was decreased to $4.25 from $7. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who began to cover the stock in early June with a ‘”an Overweight”‘ rating. UBS began covering PRM with “Buy” recommendation on April 14, 2022.
Price Performance Review of PRM
On Monday, Perimeter Solutions Inc [NYSE:PRM] saw its stock jump 1.88% to $9.21. Over the last five days, the stock has gained 1.32%. Perimeter Solutions Inc shares have fallen nearly -27.93% since the year began. Nevertheless, the stocks have risen 45.04% over the past one year. While a 52-week high of $14.44 was reached on 01/21/25, a 52-week low of $6.12 was recorded on 03/18/25. SMA at 50 days reached $11.24, while 200 days put it at $11.25.
Levels Of Support And Resistance For PRM Stock
The 24-hour chart illustrates a support level at 9.07, which if violated will result in even more drops to 8.93. On the upside, there is a resistance level at 9.35. A further resistance level may holdings at 9.48. The Relative Strength Index (RSI) on the 14-day chart is 36.98, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.02%. Stochastics %K at 23.41% indicates the stock is a holding.
How much short interest is there in Perimeter Solutions Inc?
A steep rise in short interest was recorded in Perimeter Solutions Inc stocks on 2025-02-28, growing by 0.96 million shares to a total of 3.32 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 2.35 million shares. There was a rise of 29.06%, which implies that there is a positive sentiment for the stock.
