Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Premier Inc shares valued at $195,273 were purchased by Klatsky David L on Apr 02 ’25. At $19.53 per share, Klatsky David L acquired 10,000 shares.
Also, Bigalke John T. sold 1,137 shares, netting a total of over 19,943 in proceeds. Following the sale of shares at $17.54 each, the insider now holds 29,810 shares.
Before that, Bigalke John T. had added 1,137 shares to its account. In a trade valued at $19,943, the Director bought Premier Inc shares for $17.54 each.
As published in a research note from The Benchmark Company on August 26, 2024, Premier Inc [PINC] has been rated down from a Buy to a Hold. Analysts at Canaccord Genuity downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early May. As of February 26, 2024, Leerink Partners has initiated its “Market perform” rating for PINC. Earlier on January 03, 2024, Barclays initiated its rating. Their recommendation was “an Equal weight” for PINC stock.
Analyzing PINC Stock Performance
During the last five days, there has been a surge of approximately 2.79%. Over the course of the year, Premier Inc shares have dropped approximately -7.78%. Shares of the company reached a 52-week high of $23.14 on 01/28/25 and a 52-week low of $17.23 on 03/06/25. A 50-day SMA is recorded $19.25, while a 200-day SMA reached $20.17.
Support And Resistance Levels for Premier Inc (PINC)
According to the 24-hour chart, there is a support level at 19.33, which, if violated, would cause prices to drop to 19.12. In the upper region, resistance lies at 19.69. The next price resistance is at 19.84. RSI (Relative Strength Index) is 61.83 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.52, which suggests the price will decrease in the coming days. Percent R is at 3.93%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
