Perion Network Ltd’s recent filing unveils that its Director VORHAUS MICHAEL acquired Company’s shares for reported $19056.0 on Apr 01 ’25. In the deal valued at $8.14 per share,2,341 shares were bought.
Then, Aks Daniel Ethan bought 4,202 shares, generating $34,204 in total proceeds.
Before that, Aks Daniel Ethan bought 694 shares. Perion Network Ltd shares valued at $5,656 were divested by the Officer at a price of $8.15 per share.
Lake Street upgraded its Perion Network Ltd [PERI] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who decreased its forecast for the stock in early June from “an Outperform” to “a Perform”. Needham also remained covering PERI and has decreased its forecast on June 10, 2024 with a “Hold” recommendation from previously “Buy” rating. ROTH MKM revised its rating on April 09, 2024. It rated PERI as “a Neutral” which previously was an “a Buy”.
Price Performance Review of PERI
On Tuesday, Perion Network Ltd [NASDAQ:PERI] saw its stock jump 4.90% to $9.63. Over the last five days, the stock has gained 10.18%. Perion Network Ltd shares have risen nearly 13.70% since the year began. Nevertheless, the stocks have fallen -18.53% over the past one year. While a 52-week high of $13.49 was reached on 02/18/25, a 52-week low of $6.99 was recorded on 04/08/25. SMA at 50 days reached $8.36, while 200 days put it at $8.49.
Levels Of Support And Resistance For PERI Stock
The 24-hour chart illustrates a support level at 9.41, which if violated will result in even more drops to 9.19. On the upside, there is a resistance level at 9.76. A further resistance level may holdings at 9.89. The Relative Strength Index (RSI) on the 14-day chart is 68.15, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.65, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 1.54%. Stochastics %K at 93.98% indicates the stock is a selling.
How much short interest is there in Perion Network Ltd?
A steep rise in short interest was recorded in Perion Network Ltd stocks on 2025-04-15, growing by 0.11 million shares to a total of 1.27 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 1.15 million shares. There was a rise of 9.05%, which implies that there is a positive sentiment for the stock.
