Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Proficient Auto Logistics Inc shares valued at $5,000 were purchased by Rice Amy F. on Feb 27 ’25. At $10.00 per share, Rice Amy F. acquired 500 shares. The insider’s holdings grew to 500 shares worth approximately $3775.0 following the completion of this transaction.
Also, ODELL RICHARD D purchased 54,000 shares, netting a total of over 496,800 in proceeds. Following the buying of shares at $9.20 each, the insider now holds 753,802 shares.
Before that, Gattoni James B had added 20,000 shares to its account. In a trade valued at $379,600, the Director bought Proficient Auto Logistics Inc shares for $18.98 each. Upon closing the transaction, the insider’s holdings increased to 20,000 shares, worth approximately $0.15 million.
As published in their initiating research note from Barrington Research on July 17, 2024, Proficient Auto Logistics Inc [PAL] has been an Outperform and the price target has been revised to $22. Analysts at William Blair started covering the stock with ‘”an Outperform”‘ outlook in a report released in early June. As of June 03, 2024, Stifel has initiated its “Buy” rating for PAL. Earlier on June 03, 2024, Raymond James initiated its rating. Their recommendation was “an Outperform” for PAL stock.
Analyzing PAL Stock Performance
During the last five days, there has been a drop of approximately -1.69%. Over the course of the year, Proficient Auto Logistics Inc shares have dropped approximately -6.44%. A 50-day SMA is recorded $9.45, while a 200-day SMA reached $12.36.
Support And Resistance Levels for Proficient Auto Logistics Inc (PAL)
According to the 24-hour chart, there is a support level at 7.28, which, if violated, would cause prices to drop to 7.01. In the upper region, resistance lies at 7.74. The next price resistance is at 7.93. RSI (Relative Strength Index) is 41.33 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.39, which suggests the price will decrease in the coming days. Percent R is at 68.51%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
