Perion Network Ltd’s recent filing unveils that its Officer Aks Daniel Ethan acquired Company’s shares for reported $6587.0 on May 01 ’25. In the deal valued at $9.33 per share,706 shares were bought.
Then, VORHAUS MICHAEL bought 2,341 shares, generating $19,056 in total proceeds.
Before that, Aks Daniel Ethan bought 4,202 shares. Perion Network Ltd shares valued at $34,204 were divested by the Officer at a price of $8.14 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 fall -1.18% to $9.23. Over the last five days, the stock has lost -4.15%. Perion Network Ltd shares have risen nearly 8.97% since the year began. Nevertheless, the stocks have fallen -28.12% 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 $8.42, while 200 days put it at $8.51.
Levels Of Support And Resistance For PERI Stock
The 24-hour chart illustrates a support level at 8.89, which if violated will result in even more drops to 8.56. On the upside, there is a resistance level at 9.62. A further resistance level may holdings at 10.02. The Relative Strength Index (RSI) on the 14-day chart is 58.44, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.20, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 32.85%. Stochastics %K at 75.26% indicates the stock is a holding.
