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. Primoris Services Corp shares valued at $148,076 were purchased by Cook Stephen C. on May 14 ’25. At $70.85 per share, Cook Stephen C. acquired 2,090 shares.
Also, Cook Stephen C. purchased 800 shares, netting a total of over 55,872 in proceeds.
Before that, McCormick Thomas Edward had added 109,889 shares to its account. In a trade valued at $7,262,399, the AFFILIATE bought Primoris Services Corp shares for $66.09 each.
As published in their initiating research note from Piper Sandler on April 08, 2025, Primoris Services Corp [PRIM] has been an Overweight and the price target has been revised to $75. Analysts at Jefferies started covering the stock with ‘”a Buy”‘ outlook in a report released in mid March. As of January 08, 2025, Guggenheim has initiated its “Buy” rating for PRIM. Earlier on December 11, 2024, KeyBanc Capital Markets initiated its rating. Their recommendation was “an Overweight” for PRIM stock.
Analyzing PRIM Stock Performance
During the last five days, there has been a drop of approximately -3.52%. Over the course of the year, Primoris Services Corp shares have dropped approximately -5.92%. Shares of the company reached a 52-week high of $90.86 on 01/22/25 and a 52-week low of $49.10 on 04/07/25.
Support And Resistance Levels for Primoris Services Corp (PRIM)
According to the 24-hour chart, there is a support level at 71.11, which, if violated, would cause prices to drop to 70.34. In the upper region, resistance lies at 72.60. The next price resistance is at 73.33. RSI (Relative Strength Index) is 57.11 on the 14-day chart, showing neutral technical sentiment.
