In a filing, Piedmont Office Realty Trust Inc revealed its President & Chief Exec. Off Smith Christopher Brent acquired Company’s shares for reported $0.11 million on May 02 ’25. In the deal valued at $6.59 per share,16,615 shares were bought. As a result of this transaction, Smith Christopher Brent now holds 440,492 shares worth roughly $3.36 million.
Then, Taysom Dale H. bought 3,000 shares, generating $18,000 in total proceeds. Upon buying the shares at $6.00, the Director now owns 67,767 shares.
Before that, REXROAD SHERRY L bought 16,850 shares. Piedmont Office Realty Trust Inc shares valued at $100,258 were divested by the EVP-CFO at a price of $5.95 per share. As a result of the transaction, REXROAD SHERRY L now holds 16,850 shares, worth roughly $0.13 million.
Robert W. Baird downgraded its Piedmont Office Realty Trust Inc [PDM] rating to a Neutral from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who increased its forecast for the stock in early January from “a Neutral” to “an Outperform”. Stifel also remained covering PDM and has increased its forecast on February 07, 2019 with a “Hold” recommendation from previously “Sell” rating. Robert W. Baird revised its rating on January 09, 2019. It rated PDM as “a Neutral” which previously was an “an Outperform”.
Price Performance Review of PDM
On Friday, Piedmont Office Realty Trust Inc [NYSE:PDM] saw its stock jump 2.70% to $7.62. Over the last five days, the stock has gained 7.02%. Piedmont Office Realty Trust Inc shares have fallen nearly -16.72% since the year began. Nevertheless, the stocks have risen 5.54% over the past one year. While a 52-week high of $11.11 was reached on 01/02/25, a 52-week low of $5.46 was recorded on 04/30/25. SMA at 50 days reached $6.78, while 200 days put it at $8.47.
Levels Of Support And Resistance For PDM Stock
The 24-hour chart illustrates a support level at 7.50, which if violated will result in even more drops to 7.38. On the upside, there is a resistance level at 7.70. A further resistance level may holdings at 7.77. The Relative Strength Index (RSI) on the 14-day chart is 66.26, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.44, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 2.75%. Stochastics %K at 92.36% indicates the stock is a selling.
