Patrick Industries, Inc’s filing revealed that its Director Cleveland Todd M acquired Company’s shares for reported $0.17 million on Jun 02 ’25. In the deal valued at $82.55 per share,2,000 shares were bought. As a result of this transaction, Cleveland Todd M now holds 132,286 shares worth roughly $11.97 million.
Then, Cleveland Todd M bought 1,000 shares, generating $82,750 in total proceeds. Upon buying the shares at $82.75, the Director now owns 133,286 shares.
Before that, WELCH M SCOTT bought 71 shares. Patrick Industries, Inc shares valued at $5,864 were divested by the Director at a price of $82.59 per share. As a result of the transaction, WELCH M SCOTT now holds 3,032 shares, worth roughly $0.27 million.
Robert W. Baird downgraded its Patrick Industries, Inc [PATK] rating to a Neutral from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who began to cover the stock in early October with a ‘”an Outperform”‘ rating. The Benchmark Company began covering PATK with “Buy” recommendation on August 29, 2024. BMO Capital Markets started covering the stock on December 07, 2023. It rated PATK as “an Outperform”.
Price Performance Review of PATK
On Friday, Patrick Industries, Inc [NASDAQ:PATK] saw its stock jump 0.23% to $90.52. Over the last five days, the stock has gained 9.58%. Patrick Industries, Inc shares have risen nearly 8.96% since the year began. Nevertheless, the stocks have risen 22.34% over the past one year. While a 52-week high of $98.90 was reached on 02/05/25, a 52-week low of $67.72 was recorded on 04/08/25. SMA at 50 days reached $83.39, while 200 days put it at $88.03.
Levels Of Support And Resistance For PATK Stock
The 24-hour chart illustrates a support level at 89.32, which if violated will result in even more drops to 88.34. On the upside, there is a resistance level at 91.65. A further resistance level may holdings at 92.99. The Relative Strength Index (RSI) on the 14-day chart is 60.80, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.14, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 14.86%. Stochastics %K at 89.04% indicates the stock is a selling.
The most recent change occurred on April 19, 2023 when KeyBanc Capital Markets began covering the stock and recommended ‘”an Overweight”‘ rating along with a $80 price target.
