Penumbra Inc’s recently made public that its CEO and President Elsesser Adam unloaded Company’s shares for reported $4.95 million on May 14 ’25. In the deal valued at $298.22 per share,16,600 shares were sold. As a result of this transaction, Elsesser Adam now holds 86,613 shares worth roughly $24.31 million.
Then, O’Rourke Bridget sold 100 shares, generating $28,615 in total proceeds. Upon selling the shares at $286.15, the Director now owns 5,423 shares.
Before that, BRIDGET A O’ROURKE bought 100 shares. Penumbra Inc shares valued at $28,615 were divested by the Director at a price of $286.15 per share.
BofA Securities initiated its Penumbra Inc [PEN] rating to a Buy in a research note published on March 14, 2025; the price target was $320. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in late January with a ‘”a Buy”‘ rating. Oppenheimer began covering PEN with “an Outperform” recommendation on December 17, 2024. Wells Fargo revised its rating on December 11, 2024. It rated PEN as “an Overweight” which previously was an “an Equal weight”.
Price Performance Review of PEN
On Friday, Penumbra Inc [NYSE:PEN] saw its stock jump 1.95% to $280.68. Over the last five days, the stock has lost -5.60%. Penumbra Inc shares have risen nearly 18.19% since the year began. Nevertheless, the stocks have risen 34.47% over the past one year. While a 52-week high of $310.00 was reached on 02/19/25, a 52-week low of $148.00 was recorded on 01/06/25. SMA at 50 days reached $279.05, while 200 days put it at $241.50.
Levels Of Support And Resistance For PEN Stock
The 24-hour chart illustrates a support level at 275.23, which if violated will result in even more drops to 269.79. On the upside, there is a resistance level at 283.88. A further resistance level may holdings at 287.08. The Relative Strength Index (RSI) on the 14-day chart is 45.85, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -9.52, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 64.36%. Stochastics %K at 24.90% indicates the stock is a holding.
The most recent change occurred on September 18, 2024 when Stifel began covering the stock and recommended ‘”a Buy”‘ rating along with a $238 price target.
