The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Phreesia Inc shares valued at $94,076 were sold by Linetsky David on Apr 08 ’25. At $23.85 per share, Linetsky David sold 3,944 shares. The insider’s holdings dropped to 221,738 shares worth approximately $5.32 million following the completion of this transaction.
Also, Linetsky David sold 248 shares, netting a total of over 5,915 in proceeds. Following the sale of shares at $23.85 each, the insider now holds 9,012 shares.
Before that, Indig Chaim had sold 12,167 shares from its account. In a trade valued at $290,218, the Chief Executive Officer traded Phreesia Inc shares for $23.85 each. Upon closing the transaction, the insider’s holdings decreased to 12,167 shares, worth approximately $30.18 million.
As published in a research note from RBC Capital Mkts on January 08, 2025, Phreesia Inc [PHR] has been rated up from a Sector perform to an Outperform and the price target has been revised to $32 from $24. Analysts at Truist started covering the stock with ‘”a Buy”‘ outlook in a report released in late February. As of January 17, 2024, DA Davidson has increased its “Neutral” rating to a “Buy” for PHR. Earlier on January 03, 2024, Barclays initiated its rating. Their recommendation was “an Overweight” for PHR stock.
Analyzing PHR Stock Performance
During the last five days, there has been a drop of approximately -3.38%. Over the course of the year, Phreesia Inc shares have dropped approximately -4.61%. Shares of the company reached a 52-week high of $30.53 on 02/14/25 and a 52-week low of $21.62 on 03/10/25. A 50-day SMA is recorded $26.81, while a 200-day SMA reached $23.90.
Support And Resistance Levels for Phreesia Inc (PHR)
According to the 24-hour chart, there is a support level at 23.08, which, if violated, would cause prices to drop to 22.16. In the upper region, resistance lies at 25.24. The next price resistance is at 26.48. RSI (Relative Strength Index) is 40.95 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.40, which suggests the price will decrease in the coming days. Percent R is at 75.74%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
