Prologis Inc’s recently made public that its Chief Investment Officer Ghazal Joseph unloaded Company’s shares for reported $1.31 million on Feb 05 ’25. In the deal valued at $118.74 per share,10,997 shares were sold. As a result of this transaction, Ghazal Joseph now holds 7,977 shares worth roughly $0.79 million.
Then, Ghazal Joseph bought 10,997 shares, generating $1,305,830 in total proceeds.
Before that, Ghazal Joseph sold 5,200 shares. Prologis Inc shares valued at $671,164 were divested by the Chief Investment Officer at a price of $129.07 per share. As a result of the transaction, Ghazal Joseph now holds 13,187 shares, worth roughly $1.3 million.
Wolfe Research downgraded its Prologis Inc [PLD] rating to a Peer perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Scotiabank’s analysts, who decreased its forecast for the stock in early April from “a Sector perform” to “a Sector underperform”. Raymond James also remained covering PLD and has decreased its forecast on February 03, 2025 with a “Mkt perform” recommendation from previously “an Outperform” rating. Robert W. Baird revised its rating on January 06, 2025. It rated PLD as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of PLD
On Monday, Prologis Inc [NYSE:PLD] saw its stock fall -3.40% to $98.63. Over the last five days, the stock has gained 2.49%. Prologis Inc shares have fallen nearly -6.69% since the year began. Nevertheless, the stocks have fallen -7.38% over the past one year. While a 52-week high of $132.57 was reached on 03/03/25, a 52-week low of $85.35 was recorded on 04/09/25. SMA at 50 days reached $112.37, while 200 days put it at $117.04.
Levels Of Support And Resistance For PLD Stock
The 24-hour chart illustrates a support level at 96.82, which if violated will result in even more drops to 95.01. On the upside, there is a resistance level at 100.72. A further resistance level may holdings at 102.81. The Relative Strength Index (RSI) on the 14-day chart is 41.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.69, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 51.52%. Stochastics %K at 56.93% indicates the stock is a holding.
How much short interest is there in Prologis Inc?
A steep rise in short interest was recorded in Prologis Inc stocks on 2025-03-31, growing by 84812.0 shares to a total of 13.56 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 13.47 million shares. There was a rise of 0.63%, which implies that there is a positive sentiment for the stock.
