Prudential Financial Inc’s filing revealed that its 10% Owner PRUDENTIAL INSURANCE CO OF AME acquired Company’s shares for reported $18.0 million on Mar 26 ’25. In the deal valued at $24.94 per share,721,732 shares were bought. As a result of this transaction, PRUDENTIAL INSURANCE CO OF AME now holds 5,656,908 shares worth roughly $562.69 million.
Then, PRUDENTIAL INSURANCE CO OF AME bought 1,340,694 shares, generating $38,250,000 in total proceeds. Upon buying the shares at $28.53, the 10% Owner now owns 1,480,681 shares.
Before that, PRUDENTIAL INSURANCE CO OF AME bought 52,595 shares. Prudential Financial Inc shares valued at $1,500,000 were divested by the 10% Owner at a price of $28.52 per share. As a result of the transaction, PRUDENTIAL INSURANCE CO OF AME now holds 139,987 shares, worth roughly $13.92 million.
BMO Capital Markets initiated its Prudential Financial Inc [PRU] rating to an Underperform in a research note published on January 23, 2025; the price target was $101. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who increased its forecast for the stock in mid November from “an Underperform” to “an In-line”. TD Cowen began covering PRU with “Hold” recommendation on October 09, 2024. Barclays started covering the stock on September 05, 2024. It rated PRU as “an Equal weight”.
Price Performance Review of PRU
On Thursday, Prudential Financial Inc [NYSE:PRU] saw its stock jump 0.86% to $99.47. Over the last five days, the stock has gained 1.01%. Prudential Financial Inc shares have fallen nearly -16.08% since the year began. Nevertheless, the stocks have fallen -7.55% over the past one year. While a 52-week high of $130.55 was reached on 01/29/25, a 52-week low of $90.38 was recorded on 04/07/25. SMA at 50 days reached $108.50, while 200 days put it at $117.52.
Levels Of Support And Resistance For PRU Stock
The 24-hour chart illustrates a support level at 98.52, which if violated will result in even more drops to 97.57. On the upside, there is a resistance level at 100.75. A further resistance level may holdings at 102.03. The Relative Strength Index (RSI) on the 14-day chart is 41.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.65, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 60.02%. Stochastics %K at 37.73% indicates the stock is a holding.
How much short interest is there in Prudential Financial Inc?
A steep rise in short interest was recorded in Prudential Financial Inc stocks on 2025-03-31, growing by 0.44 million shares to a total of 6.76 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 6.31 million shares. There was a rise of 6.57%, which implies that there is a positive sentiment for the stock.
