In a filing, Penumbra Inc revealed its CEO and President Elsesser Adam unloaded Company’s shares for reported $4.51 million on Apr 02 ’25. In the deal valued at $272.24 per share,16,565 shares were sold. As a result of this transaction, Elsesser Adam now holds 52,495 shares worth roughly $13.83 million.
Then, Wilder Thomas sold 360 shares, generating $96,095 in total proceeds. Upon selling the shares at $266.93, the Director now owns 4,692 shares.
Before that, Wilder Thomas sold 360 shares. Penumbra Inc shares valued at $95,249 were divested by the Director at a price of $264.58 per share. As a result of the transaction, Wilder Thomas now holds 4,533 shares, worth roughly $1.19 million.
BofA Securities initiated its Penumbra Inc [PEN] rating to a Buy in a research note published on March 14, 2025; the price target was $320. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in late January with a ‘”a Buy”‘ rating. Oppenheimer began covering PEN with “an Outperform” recommendation on December 17, 2024. Wells Fargo revised its rating on December 11, 2024. It rated PEN as “an Overweight” which previously was an “an Equal weight”.
Price Performance Review of PEN
On Monday, Penumbra Inc [NYSE:PEN] saw its stock jump 0.46% to $263.49. Over the last five days, the stock has lost -1.47%. Penumbra Inc shares have risen nearly 10.95% since the year began. Nevertheless, the stocks have risen 22.29% over the past one year. While a 52-week high of $310.00 was reached on 02/19/25, a 52-week low of $148.00 was recorded on 01/06/25. SMA at 50 days reached $274.36, while 200 days put it at $227.26.
Levels Of Support And Resistance For PEN Stock
The 24-hour chart illustrates a support level at 248.03, which if violated will result in even more drops to 232.56. On the upside, there is a resistance level at 277.38. A further resistance level may holdings at 291.26. The Relative Strength Index (RSI) on the 14-day chart is 42.57, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.81, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 59.54%. Stochastics %K at 36.80% indicates the stock is a holding.
How much short interest is there in Penumbra Inc?
A steep rise in short interest was recorded in Penumbra Inc stocks on 2025-03-14, dropping by -0.45 million shares to a total of 1.22 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 1.68 million shares. There was a decline of -37.0%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on September 18, 2024 when Stifel began covering the stock and recommended ‘”a Buy”‘ rating along with a $238 price target.
