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. Pacific Premier Bancorp, Inc shares valued at $294,060 were sold by WILCOX EDWARD EARL on May 01 ’25. At $20.28 per share, WILCOX EDWARD EARL sold 14,500 shares. The insider’s holdings dropped to 140,283 shares worth approximately $2.97 million following the completion of this transaction.
Also, WILCOX EDWARD EARL purchased 14,500 shares, netting a total of over 294,060 in proceeds.
Before that, Karr Michael S had sold 10,290 shares from its account. In a trade valued at $276,492, the SEVP & Chief Risk Officer traded Pacific Premier Bancorp, Inc shares for $26.87 each. Upon closing the transaction, the insider’s holdings decreased to 10,290 shares, worth approximately $1.68 million.
As published in a research note from Raymond James on January 30, 2024, Pacific Premier Bancorp, Inc [PPBI] has been rated down from a Strong buy to an Outperform and the price target has been revised to $29 from $26. Analysts at Raymond James upgraded the stock from ‘”an Outperform”‘ to ‘”a Strong buy”‘ outlook in a report released in early July. As of January 25, 2022, Stephens has decreased its “an Overweight” rating to a “an Equal-weight” for PPBI. Earlier on October 07, 2021, Raymond James downgraded its rating. Their new recommendation was “an Outperform” for PPBI stock which previously was a “a Strong buy”.
Analyzing PPBI Stock Performance
During the last five days, there has been a drop of approximately -5.74%. Over the course of the year, Pacific Premier Bancorp, Inc shares have dropped approximately -15.05%. Shares of the company reached a 52-week high of $26.50 on 02/06/25 and a 52-week low of $18.06 on 04/11/25.
Support And Resistance Levels for Pacific Premier Bancorp, Inc (PPBI)
According to the 24-hour chart, there is a support level at 20.99, which, if violated, would cause prices to drop to 20.82. In the upper region, resistance lies at 21.36. The next price resistance is at 21.56. RSI (Relative Strength Index) is 47.84 on the 14-day chart, showing neutral technical sentiment.
