Perimeter Solutions Inc’s filing revealed that its Director Raj Vivek unloaded Company’s shares for reported $2.29 million on Mar 14 ’25. In the deal valued at $9.17 per share,250,000 shares were sold. As a result of this transaction, Raj Vivek now holds 471,226 shares worth roughly $4.47 million.
Then, Vivek Raj bought 250,000 shares, generating $2,257,500 in total proceeds.
Before that, Cool Tracy Britt sold 50,000 shares. Perimeter Solutions Inc shares valued at $640,500 were divested by the Director at a price of $12.81 per share. As a result of the transaction, Cool Tracy Britt now holds 173,449 shares, worth roughly $1.64 million.
UBS upgraded its Perimeter Solutions Inc [PRM] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who decreased its forecast for the stock in mid October from “a Buy” to “a Neutral”. Morgan Stanley began covering PRM with “an Overweight” recommendation on June 09, 2022. UBS started covering the stock on April 14, 2022. It rated PRM as “a Buy”.
Price Performance Review of PRM
On Monday, Perimeter Solutions Inc [NYSE:PRM] saw its stock jump 1.39% to $9.48. Over the last five days, the stock has lost -5.86%. Perimeter Solutions Inc shares have fallen nearly -25.82% since the year began. Nevertheless, the stocks have risen 24.74% over the past one year. While a 52-week high of $14.44 was reached on 01/21/25, a 52-week low of $6.84 was recorded on 04/07/25. SMA at 50 days reached $10.55, while 200 days put it at $11.38.
Levels Of Support And Resistance For PRM Stock
The 24-hour chart illustrates a support level at 8.86, which if violated will result in even more drops to 8.25. On the upside, there is a resistance level at 9.99. A further resistance level may holdings at 10.51. The Relative Strength Index (RSI) on the 14-day chart is 44.16, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.17, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 64.18%. Stochastics %K at 37.07% indicates the stock is a holding.
How much short interest is there in Perimeter Solutions Inc?
A steep rise in short interest was recorded in Perimeter Solutions Inc stocks on 2025-03-14, growing by 0.42 million shares to a total of 3.24 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 2.82 million shares. There was a rise of 13.04%, which implies that there is a positive sentiment for the stock.
