Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Penumbra Inc shares valued at $4,543,228 were sold by Elsesser Adam on Apr 16 ’25. At $274.35 per share, Elsesser Adam sold 16,560 shares. The insider’s holdings dropped to 63,911 shares worth approximately $19.06 million following the completion of this transaction.
Also, O’Rourke Bridget sold 50 shares, netting a total of over 13,560 in proceeds. Following the sale of shares at $271.21 each, the insider now holds 5,523 shares.
Before that, ADAM ELSESSER had added 16,560 shares to its account. In a trade valued at $4,543,181, the Officer bought Penumbra Inc shares for $274.35 each.
As published in their initiating research note from BofA Securities on March 14, 2025, Penumbra Inc [PEN] has been a Buy and the price target has been revised to $320. Analysts at UBS started covering the stock with ‘”a Buy”‘ outlook in a report released in late January. As of December 17, 2024, Oppenheimer has initiated its “an Outperform” rating for PEN. Earlier on December 11, 2024, Wells Fargo upgraded its rating. Their new recommendation was “an Overweight” for PEN stock which previously was a “an Equal weight”.
Analyzing PEN Stock Performance
During the last five days, there has been a surge of approximately 7.37%. Over the course of the year, Penumbra Inc shares have jumped approximately 25.59%. Shares of the company reached a 52-week high of $310.00 on 02/19/25 and a 52-week low of $222.59 on 01/06/25. A 50-day SMA is recorded $276.38, while a 200-day SMA reached $233.13.
Support And Resistance Levels for Penumbra Inc (PEN)
According to the 24-hour chart, there is a support level at 281.24, which, if violated, would cause prices to drop to 264.23. In the upper region, resistance lies at 307.93. The next price resistance is at 317.61. RSI (Relative Strength Index) is 64.82 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 11.85, which suggests the price will increase in the coming days. Percent R is at 4.35%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
