Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. PennantPark Investment Corporation shares valued at $9,985 were purchased by Briones Jose A on May 21 ’25. At $6.59 per share, Briones Jose A acquired 1,515 shares. The insider’s holdings grew to 270,487 shares worth approximately $1.89 million following the completion of this transaction.
Also, Briones Jose A purchased 3,640 shares, netting a total of over 25,043 in proceeds. Following the buying of shares at $6.88 each, the insider now holds 268,972 shares.
Before that, Briones Jose A had added 3,675 shares to its account. In a trade valued at $24,972, the Director bought PennantPark Investment Corporation shares for $6.79 each. Upon closing the transaction, the insider’s holdings increased to 3,675 shares, worth approximately $1.85 million.
As published in a research note from Compass Point on May 21, 2025, PennantPark Investment Corporation [PNNT] has been rated down from a Neutral to a Sell and the price target has been revised to $5.75. Analysts at Ladenburg Thalmann downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in late November. As of September 09, 2024, Compass Point has increased its “Sell” rating to a “Neutral” for PNNT. Earlier on July 15, 2024, Compass Point downgraded its rating. Their new recommendation was “a Sell” for PNNT stock which previously was a “a Neutral”.
Analyzing PNNT Stock Performance
On last trading session, PennantPark Investment Corporation [NYSE: PNNT] rose 0.87% to $6.98. The stock’s lowest price that day was $6.9, but it reached a high of $6.98 in the same session. During the last five days, there has been a surge of approximately 2.80%. Over the course of the year, PennantPark Investment Corporation shares have dropped approximately -7.30%. Shares of the company reached a 52-week high of $7.34 on 03/03/25 and a 52-week low of $5.72 on 04/09/25.
Support And Resistance Levels for PennantPark Investment Corporation (PNNT)
According to the 24-hour chart, there is a support level at 6.93, which, if violated, would cause prices to drop to 6.87. In the upper region, resistance lies at 7.01. The next price resistance is at 7.03. RSI (Relative Strength Index) is 62.95 on the 14-day chart, showing neutral technical sentiment.
Is PennantPark Investment Corporation subject to short interest?
Stocks of PennantPark Investment Corporation saw a sharp steep in short interest on 2025-06-13 dropping by -0.16 million shares to 2.06 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 2.23 million shares. A decline of -7.85% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 4.49 of the overall float, the days-to-cover ratio (short ratio) decline to 4.49.
Which companies own the most shares of PennantPark Investment Corporation (PNNT)?
In terms of PennantPark Investment Corporation share price expectations, FactSet research, analysts set an average price target of 6 in the next 12 months, down nearly -13.29% from the previous closing price of $6.92. Analysts anticipate PennantPark Investment Corporation stock to reach 6 by 2025, with the lowest price target being 6. In spite of this, 2 analysts ranked PennantPark Investment Corporation stock as Buy at the end of 2025.
