Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Park Hotels & Resorts Inc shares valued at $235,000 were purchased by ECKERT THOMAS D on Mar 04 ’25. At $11.75 per share, ECKERT THOMAS D acquired 20,000 shares. The insider’s holdings grew to 157,478 shares worth approximately $1.59 million following the completion of this transaction.
Also, ECKERT THOMAS D purchased 30,000 shares, netting a total of over 473,598 in proceeds. Following the buying of shares at $15.79 each, the insider now holds 137,478 shares.
Before that, Garrett Geoffrey had sold 1,255 shares from its account. In a trade valued at $19,906, the Director traded Park Hotels & Resorts Inc shares for $15.86 each. Upon closing the transaction, the insider’s holdings decreased to 1,255 shares, worth approximately $0.39 million.
As published in a research note from Jefferies on April 09, 2025, Park Hotels & Resorts Inc [PK] has been rated down from a Buy to a Hold and the price target has been revised to $10. Analysts at Wolfe Research downgraded the stock from ‘”an Outperform”‘ to ‘”a Peer perform”‘ outlook in a report released in late September. As of May 15, 2024, Evercore ISI has increased its “an In-line” rating to a “an Outperform” for PK. Earlier on March 22, 2024, Citigroup upgraded its rating. Their new recommendation was “a Buy” for PK stock which previously was a “a Neutral”.
Analyzing PK Stock Performance
During the last five days, there has been a drop of approximately -7.36%. Over the course of the year, Park Hotels & Resorts Inc shares have dropped approximately -28.43%. Shares of the company reached a 52-week high of $14.29 on 01/06/25 and a 52-week low of $8.27 on 04/09/25. A 50-day SMA is recorded $11.90, while a 200-day SMA reached $13.87.
Support And Resistance Levels for Park Hotels & Resorts Inc (PK)
According to the 24-hour chart, there is a support level at 8.84, which, if violated, would cause prices to drop to 7.60. In the upper region, resistance lies at 10.74. The next price resistance is at 11.40. RSI (Relative Strength Index) is 40.36 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.15, which suggests the price will decrease in the coming days. Percent R is at 46.75%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
