Primoris Services Corp’s recently made public that its Director Cook Stephen C. acquired Company’s shares for reported $0.15 million on May 14 ’25. In the deal valued at $70.85 per share,2,090 shares were bought.
Then, Cook Stephen C. bought 800 shares, generating $55,872 in total proceeds.
Before that, McCormick Thomas Edward bought 109,889 shares. Primoris Services Corp shares valued at $7,262,399 were divested by the AFFILIATE at a price of $66.09 per share.
Piper Sandler initiated its Primoris Services Corp [PRIM] rating to an Overweight in a research note published on April 08, 2025; the price target was $75. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in mid March with a ‘”a Buy”‘ rating. Guggenheim began covering PRIM with “Buy” recommendation on January 08, 2025. KeyBanc Capital Markets started covering the stock on December 11, 2024. It rated PRIM as “an Overweight”.
Price Performance Review of PRIM
On Friday, Primoris Services Corp [NYSE:PRIM] saw its stock jump 0.72% to $74.25. Over the last five days, the stock has lost -2.20%. Primoris Services Corp shares have fallen nearly -2.81% since the year began. Nevertheless, the stocks have risen 41.56% over the past one year. While a 52-week high of $90.86 was reached on 01/22/25, a 52-week low of $45.92 was recorded on 04/07/25.
Levels Of Support And Resistance For PRIM Stock
The 24-hour chart illustrates a support level at 72.90, which if violated will result in even more drops to 71.54. On the upside, there is a resistance level at 75.21. A further resistance level may holdings at 76.16.
How much short interest is there in Primoris Services Corp?
A steep rise in short interest was recorded in Primoris Services Corp stocks on 2025-05-30, dropping by -0.33 million shares to a total of 2.48 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 2.8 million shares. There was a decline of -13.12%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 07, 2024 when JP Morgan began covering the stock and recommended ‘”an Overweight”‘ rating along with a $71 price target.
