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. Prudential Financial Inc shares valued at $1,208,000 were purchased by Alziari Lucien on May 12 ’25. At $107.38 per share, Alziari Lucien acquired 11,250 shares.
Also, PRUDENTIAL INSURANCE CO OF AME purchased 721,732 shares, netting a total of over 18,000,000 in proceeds. Following the buying of shares at $24.94 each, the insider now holds 5,656,908 shares.
Before that, PRUDENTIAL INSURANCE CO OF AME had added 1,340,694 shares to its account. In a trade valued at $38,250,000, the 10% Owner bought Prudential Financial Inc shares for $28.53 each. Upon closing the transaction, the insider’s holdings increased to 1,340,694 shares, worth approximately $154.89 million.
As published in their initiating research note from BMO Capital Markets on January 23, 2025, Prudential Financial Inc [PRU] has been an Underperform and the price target has been revised to $101. Analysts at Evercore ISI upgraded the stock from ‘”an Underperform”‘ to ‘”an In-line”‘ outlook in a report released in mid November. As of October 09, 2024, TD Cowen has initiated its “Hold” rating for PRU. Earlier on September 05, 2024, Barclays initiated its rating. Their recommendation was “an Equal weight” for PRU stock.
Analyzing PRU Stock Performance
During the last five days, there has been a surge of approximately 0.80%. Over the course of the year, Prudential Financial Inc shares have dropped approximately -11.74%. Shares of the company reached a 52-week high of $123.88 on 01/29/25 and a 52-week low of $90.38 on 04/07/25.
Support And Resistance Levels for Prudential Financial Inc (PRU)
According to the 24-hour chart, there is a support level at 103.82, which, if violated, would cause prices to drop to 103.02. In the upper region, resistance lies at 106.11. The next price resistance is at 107.60. RSI (Relative Strength Index) is 50.55 on the 14-day chart, showing neutral technical sentiment.
