Premier Inc’s recently made public that its Director Bigalke John T. unloaded Company’s shares for reported $19943.0 on Mar 05 ’25. In the deal valued at $17.54 per share,1,137 shares were sold. As a result of this transaction, Bigalke John T. now holds 29,810 shares worth roughly $0.57 million.
Then, Bigalke John T. bought 1,137 shares, generating $19,943 in total proceeds.
Before that, McKasson Craig S. bought 15,000 shares. Premier Inc shares valued at $267,500 were divested by the Former Officer at a price of $17.83 per share.
The Benchmark Company downgraded its Premier Inc [PINC] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Canaccord Genuity’s analysts, who decreased its forecast for the stock in early May from “a Buy” to “a Hold”. Leerink Partners began covering PINC with “Market perform” recommendation on February 26, 2024. Barclays started covering the stock on January 03, 2024. It rated PINC as “an Equal weight”.
Price Performance Review of PINC
On Monday, Premier Inc [NASDAQ:PINC] saw its stock jump 2.91% to $19.09. Over the last five days, the stock has gained 4.26%. Premier Inc shares have fallen nearly -9.95% since the year began. Nevertheless, the stocks have fallen -11.13% over the past one year. While a 52-week high of $23.56 was reached on 01/28/25, a 52-week low of $17.23 was recorded on 03/06/25. SMA at 50 days reached $19.60, while 200 days put it at $20.15.
Levels Of Support And Resistance For PINC Stock
The 24-hour chart illustrates a support level at 18.85, which if violated will result in even more drops to 18.61. On the upside, there is a resistance level at 19.23. A further resistance level may holdings at 19.37. The Relative Strength Index (RSI) on the 14-day chart is 55.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.47, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 2.10%. Stochastics %K at 87.25% indicates the stock is a selling.
How much short interest is there in Premier Inc?
A steep rise in short interest was recorded in Premier Inc stocks on 2025-02-28, growing by 9.47 million shares to a total of 18.93 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 9.46 million shares. There was a rise of 50.04%, which implies that there is a positive sentiment for the stock.
