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. Prudential Financial Inc shares valued at $14,601 were purchased by Feeney Caroline on Sep 12 ’24. At $113.01 per share, Feeney Caroline acquired 129 shares. The insider’s holdings grew to 10,429 shares worth approximately $1.21 million following the completion of this transaction.
Also, Feeney Caroline purchased 125 shares, netting a total of over 14,439 in proceeds. Following the buying of shares at $115.90 each, the insider now holds 11,410 shares.
Before that, Feeney Caroline had added 111 shares to its account. In a trade valued at $13,324, the Executive Vice President bought Prudential Financial Inc shares for $120.31 each. Upon closing the transaction, the insider’s holdings increased to 111 shares, worth approximately $1.22 million.
As published in their initiating research note from BMO Capital Markets on January 23, 2025, Prudential Financial Inc [PRU] has been an Underperform and the price target has been revised to $101. Analysts at Evercore ISI upgraded the stock from ‘”an Underperform”‘ to ‘”an In-line”‘ outlook in a report released in mid November. As of October 09, 2024, TD Cowen has initiated its “Hold” rating for PRU. Earlier on September 05, 2024, Barclays initiated its rating. Their recommendation was “an Equal weight” for PRU stock.
Analyzing PRU Stock Performance
During the last five days, there has been a surge of approximately 4.49%. Over the course of the year, Prudential Financial Inc shares have dropped approximately -2.48%. Shares of the company reached a 52-week high of $123.88 on 01/29/25 and a 52-week low of $104.56 on 03/11/25. A 50-day SMA is recorded $113.52, while a 200-day SMA reached $118.57.
Support And Resistance Levels for Prudential Financial Inc (PRU)
According to the 24-hour chart, there is a support level at 114.65, which, if violated, would cause prices to drop to 113.71. In the upper region, resistance lies at 116.67. The next price resistance is at 117.75. RSI (Relative Strength Index) is 61.42 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 4.56, which suggests the price will increase in the coming days. Percent R is at 9.96%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
