Primoris Services Corp’s recently made public that its Director Cook Stephen C. acquired Company’s shares for reported $0.15 million on May 14 ’25. In the deal valued at $70.85 per share,2,090 shares were bought.
Then, Cook Stephen C. bought 800 shares, generating $55,872 in total proceeds.
Before that, McCormick Thomas Edward bought 109,889 shares. Primoris Services Corp shares valued at $7,262,399 were divested by the AFFILIATE at a price of $66.09 per share.
Piper Sandler initiated its Primoris Services Corp [PRIM] rating to an Overweight in a research note published on April 08, 2025; the price target was $75. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in mid March with a ‘”a Buy”‘ rating. Guggenheim began covering PRIM with “Buy” recommendation on January 08, 2025. KeyBanc Capital Markets started covering the stock on December 11, 2024. It rated PRIM as “an Overweight”.
Price Performance Review of PRIM
On Friday, Primoris Services Corp [NYSE:PRIM] saw its stock jump 0.01% to $75.50. Over the last five days, the stock has gained 10.54%. Primoris Services Corp shares have fallen nearly -1.18% since the year began. Nevertheless, the stocks have risen 52.34% over the past one year. While a 52-week high of $90.86 was reached on 01/22/25, a 52-week low of $45.92 was recorded on 04/07/25. SMA at 50 days reached $62.32, while 200 days put it at $66.91.
Levels Of Support And Resistance For PRIM Stock
The 24-hour chart illustrates a support level at 74.86, which if violated will result in even more drops to 74.22. On the upside, there is a resistance level at 76.14. A further resistance level may holdings at 76.79. The Relative Strength Index (RSI) on the 14-day chart is 71.69, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 7.22, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 14.13%. Stochastics %K at 88.04% indicates the stock is a selling.
The most recent change occurred on October 07, 2024 when JP Morgan began covering the stock and recommended ‘”an Overweight”‘ rating along with a $71 price target.
