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. Park Hotels & Resorts Inc shares valued at $235,000 were purchased by ECKERT THOMAS D on Mar 04 ’25. At $11.75 per share, ECKERT THOMAS D acquired 20,000 shares. The insider’s holdings grew to 157,478 shares worth approximately $1.74 million following the completion of this transaction.
As published in a research note from BofA Securities on April 30, 2025, Park Hotels & Resorts Inc [PK] has been rated down from a Neutral to an Underperform and the price target has been revised to $11. Analysts at Jefferies downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early April. As of September 26, 2024, Wolfe Research has decreased its “an Outperform” rating to a “Peer perform” for PK. Earlier on May 15, 2024, Evercore ISI upgraded its rating. Their new recommendation was “an Outperform” for PK stock which previously was a “an In-line”.
Analyzing PK Stock Performance
During the last five days, there has been a surge of approximately 10.30%. Over the course of the year, Park Hotels & Resorts Inc shares have dropped approximately -21.61%. Shares of the company reached a 52-week high of $14.29 on 01/06/25 and a 52-week low of $8.27 on 04/09/25. A 50-day SMA is recorded $10.57, while a 200-day SMA reached $13.31.
Support And Resistance Levels for Park Hotels & Resorts Inc (PK)
According to the 24-hour chart, there is a support level at 10.91, which, if violated, would cause prices to drop to 10.80. In the upper region, resistance lies at 11.21. The next price resistance is at 11.39. RSI (Relative Strength Index) is 61.69 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.81, which suggests the price will decrease in the coming days. Percent R is at 24.35%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
