The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Piedmont Office Realty Trust Inc shares valued at $109,493 were purchased by Smith Christopher Brent on May 02 ’25. At $6.59 per share, Smith Christopher Brent acquired 16,615 shares. The insider’s holdings grew to 440,492 shares worth approximately $2.96 million following the completion of this transaction.
Also, Taysom Dale H. purchased 3,000 shares, netting a total of over 18,000 in proceeds. Following the buying of shares at $6.00 each, the insider now holds 67,767 shares.
Before that, REXROAD SHERRY L had added 16,850 shares to its account. In a trade valued at $100,258, the EVP-CFO bought Piedmont Office Realty Trust Inc shares for $5.95 each. Upon closing the transaction, the insider’s holdings increased to 16,850 shares, worth approximately $0.11 million.
As published in a research note from Robert W. Baird on January 16, 2025, Piedmont Office Realty Trust Inc [PDM] has been rated down from an Outperform to a Neutral and the price target has been revised to $11. Analysts at Robert W. Baird upgraded the stock from ‘”a Neutral”‘ to ‘”an Outperform”‘ outlook in a report released in early January. As of February 07, 2019, Stifel has increased its “Sell” rating to a “Hold” for PDM. Earlier on January 09, 2019, Robert W. Baird downgraded its rating. Their new recommendation was “a Neutral” for PDM stock which previously was a “an Outperform”.
Analyzing PDM Stock Performance
During the last five days, there has been a surge of approximately 13.54%. Over the course of the year, Piedmont Office Realty Trust Inc shares have dropped approximately -26.67%. Shares of the company reached a 52-week high of $9.25 on 01/02/25 and a 52-week low of $5.46 on 04/30/25. A 50-day SMA is recorded $6.91, while a 200-day SMA reached $8.65.
Support And Resistance Levels for Piedmont Office Realty Trust Inc (PDM)
According to the 24-hour chart, there is a support level at 6.54, which, if violated, would cause prices to drop to 6.37. In the upper region, resistance lies at 6.82. The next price resistance is at 6.92. RSI (Relative Strength Index) is 51.37 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.05, which suggests the price will decrease in the coming days. Percent R is at 17.76%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
