Paramount Group Inc’s filing revealed that its Chairman, CEO and President Behler Albert P. acquired Company’s shares for reported $41470.0 on Mar 21 ’25. In the deal valued at $4.15 per share,10,000 shares were bought. As a result of this transaction, Behler Albert P. now holds 751,812 shares worth roughly $3.2 million.
Then, Behler Albert P. bought 50,000 shares, generating $203,900 in total proceeds. Upon buying the shares at $4.08, the Chairman, CEO and President now owns 741,812 shares.
Before that, Behler Albert P. bought 50,000 shares. Paramount Group Inc shares valued at $199,950 were divested by the Chairman, CEO and President at a price of $4.00 per share. As a result of the transaction, Behler Albert P. now holds 691,812 shares, worth roughly $2.94 million.
Morgan Stanley downgraded its Paramount Group Inc [PGRE] rating to an Underweight from a an Equal-weight in a research note published recently. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who increased its forecast for the stock in mid March from “an Underperform” to “an In-line”. BofA Securities also remained covering PGRE and has decreased its forecast on November 13, 2023 with a “an Underperform” recommendation from previously “Neutral” rating.
Price Performance Review of PGRE
On Thursday, Paramount Group Inc [NYSE:PGRE] saw its stock jump 1.92% to $4.25. Over the last five days, the stock has gained 5.46%. Paramount Group Inc shares have fallen nearly -13.97% since the year began. Nevertheless, the stocks have fallen -6.48% over the past one year. While a 52-week high of $5.47 was reached on 01/03/25, a 52-week low of $3.75 was recorded on 04/07/25. SMA at 50 days reached $4.33, while 200 days put it at $4.77.
Levels Of Support And Resistance For PGRE Stock
The 24-hour chart illustrates a support level at 4.17, which if violated will result in even more drops to 4.09. On the upside, there is a resistance level at 4.31. A further resistance level may holdings at 4.38. The Relative Strength Index (RSI) on the 14-day chart is 52.62, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 27.54%. Stochastics %K at 61.35% indicates the stock is a holding.
How much short interest is there in Paramount Group Inc?
A steep rise in short interest was recorded in Paramount Group Inc stocks on 2025-03-31, growing by 0.91 million shares to a total of 4.5 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 3.59 million shares. There was a rise of 20.25%, which implies that there is a positive sentiment for the stock.
