Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Playa Hotels & Resorts N.V shares valued at $974,000 were sold by DAVIDSON KEMPNER CAPITAL MANAG on Nov 08 ’24. At $9.74 per share, DAVIDSON KEMPNER CAPITAL MANAG sold 100,000 shares. The insider’s holdings dropped to 12,142,519 shares worth approximately $162.95 million following the completion of this transaction.
Also, Peterson Karl Mr. sold 60,000 shares, netting a total of over 498,600 in proceeds. Following the sale of shares at $8.31 each, the insider now holds 2,469,033 shares.
As published in a research note from Oppenheimer on February 11, 2025, Playa Hotels & Resorts N.V [PLYA] has been rated down from an Outperform to a Perform. Analysts at Deutsche Bank downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in mid February. As of January 07, 2025, Truist has decreased its “Buy” rating to a “Hold” for PLYA. Earlier on August 14, 2024, Citigroup downgraded its rating. Their new recommendation was “a Neutral” for PLYA stock which previously was a “a Buy”.
Analyzing PLYA Stock Performance
During the last five days, there has been a drop of approximately -0.07%. Over the course of the year, Playa Hotels & Resorts N.V shares have jumped approximately 6.09%. Shares of the company reached a 52-week high of $13.44 on 04/25/25 and a 52-week low of $12.08 on 01/08/25. A 50-day SMA is recorded $13.35, while a 200-day SMA reached $10.49.
Support And Resistance Levels for Playa Hotels & Resorts N.V (PLYA)
According to the 24-hour chart, there is a support level at 13.40, which, if violated, would cause prices to drop to 13.39. In the upper region, resistance lies at 13.43. The next price resistance is at 13.45. RSI (Relative Strength Index) is 61.03 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.01, which suggests the price will decrease in the coming days. Percent R is at 15.38%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
