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. Playtika Holding Corp shares valued at $992,820 were sold by Playtika Holding UK II Ltd on May 16 ’25. At $4.96 per share, Playtika Holding UK II Ltd sold 200,000 shares. The insider’s holdings dropped to 199,947,048 shares worth approximately $913.76 million following the completion of this transaction.
Also, Playtika Holding UK II Ltd sold 47,484 shares, netting a total of over 228,099 in proceeds. Following the sale of shares at $4.80 each, the insider now holds 199,899,564 shares.
Before that, Playtika Holding UK II Ltd had sold 200,000 shares from its account. In a trade valued at $1,000,880, the 10% Owner traded Playtika Holding Corp shares for $5.00 each. Upon closing the transaction, the insider’s holdings decreased to 200,000 shares, worth approximately $915.59 million.
As published in a research note from BofA Securities on March 26, 2025, Playtika Holding Corp [PLTK] has been rated up from an Underperform to a Buy and the price target has been revised to $6.50 from $6. Analysts at Robert W. Baird downgraded the stock from ‘”an Outperform”‘ to ‘”a Neutral”‘ outlook in a report released in late February. Earlier on June 13, 2024, Macquarie downgraded its rating. Their new recommendation was “a Neutral” for PLTK stock which previously was a “an Outperform”.
Analyzing PLTK Stock Performance
During the last five days, there has been a drop of approximately -8.96%. Over the course of the year, Playtika Holding Corp shares have dropped approximately -34.15%. Shares of the company reached a 52-week high of $7.58 on 01/30/25 and a 52-week low of $3.97 on 03/21/25.
Support And Resistance Levels for Playtika Holding Corp (PLTK)
According to the 24-hour chart, there is a support level at 4.52, which, if violated, would cause prices to drop to 4.47. In the upper region, resistance lies at 4.64. The next price resistance is at 4.72. RSI (Relative Strength Index) is 36.78 on the 14-day chart, showing neutral technical sentiment.
