Premier Inc’s filing revealed that its General Counsel Klatsky David L unloaded Company’s shares for reported $0.2 million on Apr 02 ’25. In the deal valued at $19.53 per share,10,000 shares were sold. As a result of this transaction, Klatsky David L now holds 90,597 shares worth roughly $1.74 million.
Then, Klatsky David L bought 10,000 shares, generating $195,273 in total proceeds.
Before that, Bigalke John T. sold 1,137 shares. Premier Inc shares valued at $19,943 were divested by the Director at a price of $17.54 per share. As a result of the transaction, Bigalke John T. now holds 29,810 shares, worth roughly $0.57 million.
The Benchmark Company downgraded its Premier Inc [PINC] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Canaccord Genuity’s analysts, who decreased its forecast for the stock in early May from “a Buy” to “a Hold”. Leerink Partners began covering PINC with “Market perform” recommendation on February 26, 2024. Barclays started covering the stock on January 03, 2024. It rated PINC as “an Equal weight”.
Price Performance Review of PINC
On Monday, Premier Inc [NASDAQ:PINC] saw its stock fall -1.44% to $19.16. Over the last five days, the stock has lost -0.62%. Premier Inc shares have fallen nearly -9.62% since the year began. Nevertheless, the stocks have fallen -9.32% over the past one year. While a 52-week high of $23.56 was reached on 01/28/25, a 52-week low of $17.23 was recorded on 03/06/25. SMA at 50 days reached $19.08, while 200 days put it at $20.19.
Levels Of Support And Resistance For PINC Stock
The 24-hour chart illustrates a support level at 18.69, which if violated will result in even more drops to 18.23. On the upside, there is a resistance level at 19.68. A further resistance level may holdings at 20.20. The Relative Strength Index (RSI) on the 14-day chart is 53.07, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.24, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 40.64%. Stochastics %K at 76.72% indicates the stock is a holding.
How much short interest is there in Premier Inc?
A steep rise in short interest was recorded in Premier Inc stocks on 2025-03-14, growing by 6.46 million shares to a total of 16.43 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 9.97 million shares. There was a rise of 39.33%, which implies that there is a positive sentiment for the stock.
