PENN Entertainment Inc’s filing revealed that its Director HANDLER DAVID A acquired Company’s shares for reported $0.15 million on May 22 ’25. In the deal valued at $14.83 per share,10,000 shares were bought. As a result of this transaction, HANDLER DAVID A now holds 322,941 shares worth roughly $5.04 million.
Then, Snowden Jay A bought 34,000 shares, generating $499,766 in total proceeds. Upon buying the shares at $14.70, the CEO and President now owns 1,082,625 shares.
Before that, Rogers Christopher Byron bought 3,737 shares. PENN Entertainment Inc shares valued at $59,792 were divested by the insider at a price of $16.00 per share. As a result of the transaction, Rogers Christopher Byron now holds 91,217 shares, worth roughly $1.42 million.
JP Morgan upgraded its PENN Entertainment Inc [PENN] rating to an Overweight from a a Neutral in a research note published recently. Raymond James also remained covering PENN and has decreased its forecast on June 25, 2024 with a “Mkt perform” recommendation from previously “an Outperform” rating. Craig Hallum revised its rating on June 21, 2024. It rated PENN as “a Buy” which previously was an “a Hold”.
Price Performance Review of PENN
On Friday, PENN Entertainment Inc [NASDAQ:PENN] saw its stock fall -5.28% to $15.61. Over the last five days, the stock has gained 0.13%. PENN Entertainment Inc shares have fallen nearly -21.24% since the year began. Nevertheless, the stocks have fallen -9.92% over the past one year. While a 52-week high of $23.08 was reached on 02/14/25, a 52-week low of $13.25 was recorded on 04/04/25.
Levels Of Support And Resistance For PENN Stock
The 24-hour chart illustrates a support level at 15.34, which if violated will result in even more drops to 15.07. On the upside, there is a resistance level at 16.12. A further resistance level may holdings at 16.63.
How much short interest is there in PENN Entertainment Inc?
A steep rise in short interest was recorded in PENN Entertainment Inc stocks on 2025-05-30, growing by 1.06 million shares to a total of 19.87 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 18.81 million shares. There was a rise of 5.33%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on May 21, 2024 when Raymond James began covering the stock and recommended ‘”an Outperform”‘ rating along with a $20 price target.
