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. Petmed Express, Inc shares valued at $408,500 were purchased by NINA CAPITAL HOLDINGS INC. on Mar 18 ’25. At $4.08 per share, NINA CAPITAL HOLDINGS INC. acquired 100,000 shares. The insider’s holdings grew to 2,500,000 shares worth approximately $7.72 million following the completion of this transaction.
Also, NINA CAPITAL HOLDINGS INC. purchased 100,000 shares, netting a total of over 411,000 in proceeds. Following the buying of shares at $4.11 each, the insider now holds 2,400,000 shares.
Before that, NINA CAPITAL HOLDINGS INC. had added 50,000 shares to its account. In a trade valued at $216,250, the 10% Owner bought Petmed Express, Inc shares for $4.33 each. Upon closing the transaction, the insider’s holdings increased to 50,000 shares, worth approximately $7.11 million.
As published in their initiating research note from Lake Street on May 25, 2023, Petmed Express, Inc [PETS] has been a Buy and the price target has been revised to $20. Analysts at Sidoti upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid January. As of November 18, 2021, Morgan Stanley has initiated its “an Underweight” rating for PETS. Earlier on October 01, 2021, Jefferies initiated its rating. Their recommendation was “a Hold” for PETS stock.
Analyzing PETS Stock Performance
During the last five days, there has been a drop of approximately -1.28%. Over the course of the year, Petmed Express, Inc shares have dropped approximately -35.89%. Shares of the company reached a 52-week high of $5.58 on 02/05/25 and a 52-week low of $2.97 on 04/10/25. A 50-day SMA is recorded $4.05, while a 200-day SMA reached $4.19.
Support And Resistance Levels for Petmed Express, Inc (PETS)
According to the 24-hour chart, there is a support level at 3.02, which, if violated, would cause prices to drop to 2.94. In the upper region, resistance lies at 3.16. The next price resistance is at 3.22. RSI (Relative Strength Index) is 29.92 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.33, which suggests the price will decrease in the coming days. Percent R is at 90.84%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
