Park Hotels & Resorts Inc’s recent filing unveils that its Director ECKERT THOMAS D acquired Company’s shares for reported $0.23 million on Mar 04 ’25. In the deal valued at $11.75 per share,20,000 shares were bought. As a result of this transaction, ECKERT THOMAS D now holds 157,478 shares worth roughly $1.47 million.
Then, ECKERT THOMAS D bought 30,000 shares, generating $473,598 in total proceeds. Upon buying the shares at $15.79, the Director now owns 137,478 shares.
Before that, Garrett Geoffrey sold 1,255 shares. Park Hotels & Resorts Inc shares valued at $19,906 were divested by the Director at a price of $15.86 per share. As a result of the transaction, Garrett Geoffrey now holds 39,190 shares, worth roughly $0.37 million.
Wolfe Research downgraded its Park Hotels & Resorts Inc [PK] rating to a Peer perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who increased its forecast for the stock in mid May from “an In-line” to “an Outperform”. Citigroup also remained covering PK and has increased its forecast on March 22, 2024 with a “Buy” recommendation from previously “Neutral” rating. Jefferies revised its rating on January 02, 2024. It rated PK as “a Buy” which previously was an “a Hold”.
Price Performance Review of PK
On Friday, Park Hotels & Resorts Inc [NYSE:PK] saw its stock fall -3.70% to $9.36. Over the last five days, the stock has lost -14.13%. Park Hotels & Resorts Inc shares have fallen nearly -33.48% since the year began. Nevertheless, the stocks have fallen -43.81% over the past one year. While a 52-week high of $17.33 was reached on 01/06/25, a 52-week low of $9.60 was recorded on 04/04/25. SMA at 50 days reached $12.15, while 200 days put it at $13.95.
Levels Of Support And Resistance For PK Stock
The 24-hour chart illustrates a support level at 8.90, which if violated will result in even more drops to 8.44. On the upside, there is a resistance level at 9.65. A further resistance level may holdings at 9.94. The Relative Strength Index (RSI) on the 14-day chart is 22.82, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.99, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.24%. Stochastics %K at 18.94% indicates the stock is a buying.
How much short interest is there in Park Hotels & Resorts Inc?
A steep rise in short interest was recorded in Park Hotels & Resorts Inc stocks on 2025-03-14, dropping by -0.32 million shares to a total of 19.67 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 19.98 million shares. There was a decline of -1.62%, which implies that there is a negative sentiment for the stock.
