Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Privia Health Group Inc shares valued at $252,651 were sold by Mehrotra Parth on Mar 12 ’25. At $24.03 per share, Mehrotra Parth sold 10,514 shares. The insider’s holdings dropped to 469,381 shares worth approximately $10.76 million following the completion of this transaction.
Also, Mehrotra Parth sold 9,640 shares, netting a total of over 236,469 in proceeds. Following the sale of shares at $24.53 each, the insider now holds 489,189 shares.
Before that, Mehrotra Parth had sold 9,294 shares from its account. In a trade valued at $221,941, the Chief Executive Officer traded Privia Health Group Inc shares for $23.88 each. Upon closing the transaction, the insider’s holdings decreased to 9,294 shares, worth approximately $11.0 million.
As published in their initiating research note from Needham on January 10, 2025, Privia Health Group Inc [PRVA] has been a Buy and the price target has been revised to $25. Analysts at Macquarie started covering the stock with ‘”an Outperform”‘ outlook in a report released in mid December. As of October 11, 2024, KeyBanc Capital Markets has initiated its “an Overweight” rating for PRVA. Earlier on May 30, 2024, Robert W. Baird initiated its rating. Their recommendation was “an Outperform” for PRVA stock.
Analyzing PRVA Stock Performance
During the last five days, there has been a drop of approximately -1.59%. Over the course of the year, Privia Health Group Inc shares have jumped approximately 17.24%. Shares of the company reached a 52-week high of $26.04 on 02/27/25 and a 52-week low of $19.47 on 01/02/25. A 50-day SMA is recorded $23.71, while a 200-day SMA reached $20.39.
Support And Resistance Levels for Privia Health Group Inc (PRVA)
According to the 24-hour chart, there is a support level at 22.62, which, if violated, would cause prices to drop to 22.33. In the upper region, resistance lies at 23.09. The next price resistance is at 23.27. RSI (Relative Strength Index) is 42.25 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.63, which suggests the price will decrease in the coming days. Percent R is at 85.11%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
