PPG Industries, Inc’s filing revealed that its Chairman and CEO KNAVISH TIMOTHY M unloaded Company’s shares for reported $0.57 million on Feb 14 ’25. In the deal valued at $118.35 per share,4,800 shares were sold. As a result of this transaction, KNAVISH TIMOTHY M now holds 35,833 shares worth roughly $4.12 million.
Then, KNAVISH TIMOTHY M bought 4,800 shares, generating $568,080 in total proceeds.
Before that, Foulkes Anne M. sold 1,985 shares. PPG Industries, Inc shares valued at $249,713 were divested by the Sr. VP and General Counsel at a price of $125.80 per share. As a result of the transaction, Foulkes Anne M. now holds 13,454 shares, worth roughly $1.55 million.
BofA Securities downgraded its PPG Industries, Inc [PPG] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Argus’s analysts, who decreased its forecast for the stock in early March from “a Buy” to “a Hold”. Seaport Research Partners also remained covering PPG and has decreased its forecast on March 05, 2025 with a “Neutral” recommendation from previously “Buy” rating. JP Morgan revised its rating on February 12, 2025. It rated PPG as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of PPG
On Tuesday, PPG Industries, Inc [NYSE:PPG] saw its stock jump 1.39% to $115.04. Over the last five days, the stock has gained 3.30%. PPG Industries, Inc shares have fallen nearly -3.69% since the year began. Nevertheless, the stocks have fallen -11.93% over the past one year.
How much short interest is there in PPG Industries, Inc?
A steep rise in short interest was recorded in PPG Industries, Inc stocks on 2025-05-15, dropping by -0.15 million shares to a total of 3.81 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 3.96 million shares. There was a decline of -3.93%, which implies that there is a negative sentiment for the stock.
