Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Penumbra Inc shares valued at $4,509,728 were sold by Elsesser Adam on Apr 02 ’25. At $272.24 per share, Elsesser Adam sold 16,565 shares. The insider’s holdings dropped to 52,495 shares worth approximately $14.1 million following the completion of this transaction.
Also, Wilder Thomas sold 360 shares, netting a total of over 96,095 in proceeds. Following the sale of shares at $266.93 each, the insider now holds 4,692 shares.
Before that, Wilder Thomas had sold 360 shares from its account. In a trade valued at $95,249, the Director traded Penumbra Inc shares for $264.58 each. Upon closing the transaction, the insider’s holdings decreased to 360 shares, worth approximately $1.22 million.
As published in their initiating research note from BofA Securities on March 14, 2025, Penumbra Inc [PEN] has been a Buy and the price target has been revised to $320. Analysts at UBS started covering the stock with ‘”a Buy”‘ outlook in a report released in late January. As of December 17, 2024, Oppenheimer has initiated its “an Outperform” rating for PEN. Earlier on December 11, 2024, Wells Fargo upgraded its rating. Their new recommendation was “an Overweight” for PEN stock which previously was a “an Equal weight”.
Analyzing PEN Stock Performance
During the last five days, there has been a drop of approximately -1.71%. Over the course of the year, Penumbra Inc shares have jumped approximately 13.09%. Shares of the company reached a 52-week high of $310.00 on 02/19/25 and a 52-week low of $222.59 on 01/06/25. A 50-day SMA is recorded $274.09, while a 200-day SMA reached $228.62.
Support And Resistance Levels for Penumbra Inc (PEN)
According to the 24-hour chart, there is a support level at 261.60, which, if violated, would cause prices to drop to 254.63. In the upper region, resistance lies at 275.46. The next price resistance is at 282.35. RSI (Relative Strength Index) is 48.07 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -4.58, which suggests the price will decrease in the coming days. Percent R is at 47.48%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
