Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Parker-Hannifin Corp shares valued at $266,948 were sold by Czaja Mark T on Jan 31 ’25. At $711.86 per share, Czaja Mark T sold 375 shares. The insider’s holdings dropped to 3,238 shares worth approximately $1.81 million following the completion of this transaction.
Also, Czaja Mark T purchased 375 shares, netting a total of over 267,052 in proceeds.
Before that, SCAMINACE JOSEPH had sold 663 shares from its account. In a trade valued at $462,714, the Director traded Parker-Hannifin Corp shares for $697.91 each. Upon closing the transaction, the insider’s holdings decreased to 663 shares, worth approximately $1.81 million.
As published in a research note from Wolfe Research on April 03, 2025, Parker-Hannifin Corp [PH] has been rated down from an Outperform to a Peer perform. Analysts at Citigroup started covering the stock with ‘”a Buy”‘ outlook in a report released in early February. As of December 12, 2024, Wolfe Research has increased its “Peer perform” rating to a “an Outperform” for PH. Earlier on November 18, 2024, Stifel downgraded its rating. Their new recommendation was “a Hold” for PH stock which previously was a “a Buy”.
Analyzing PH Stock Performance
During the last five days, there has been a surge of approximately 0.63%. Over the course of the year, Parker-Hannifin Corp shares have dropped approximately -11.93%. Shares of the company reached a 52-week high of $718.44 on 01/31/25 and a 52-week low of $488.45 on 04/07/25. A 50-day SMA is recorded $639.49, while a 200-day SMA reached $622.62.
Support And Resistance Levels for Parker-Hannifin Corp (PH)
According to the 24-hour chart, there is a support level at 539.88, which, if violated, would cause prices to drop to 519.59. In the upper region, resistance lies at 579.68. The next price resistance is at 599.19. RSI (Relative Strength Index) is 42.45 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -31.78, which suggests the price will decrease in the coming days. Percent R is at 57.42%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
