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. Petmed Express, Inc shares valued at $9,071 were purchased by Silvercape Investments Ltd on Jul 02 ’25. At $3.22 per share, Silvercape Investments Ltd acquired 2,817 shares. The insider’s holdings grew to 2,311,230 shares worth approximately $7.6 million following the completion of this transaction.
Also, Silvercape Investments Ltd purchased 694 shares, netting a total of over 2,228 in proceeds. Following the buying of shares at $3.21 each, the insider now holds 2,308,413 shares.
Before that, NINA CAPITAL HOLDINGS INC. had added 25,000 shares to its account. In a trade valued at $98,375, the 10% Owner bought Petmed Express, Inc shares for $3.94 each. Upon closing the transaction, the insider’s holdings increased to 25,000 shares, worth approximately $8.39 million.
As published in their initiating research note from Lake Street on May 25, 2023, Petmed Express, Inc [PETS] has been a Buy and the price target has been revised to $20. Analysts at Sidoti upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid January. As of November 18, 2021, Morgan Stanley has initiated its “an Underweight” rating for PETS. Earlier on October 01, 2021, Jefferies initiated its rating. Their recommendation was “a Hold” for PETS stock.
Analyzing PETS Stock Performance
On last trading session, Petmed Express, Inc [NASDAQ: PETS] plunged -2.37% to $3.29. The stock’s lowest price that day was $3.25, but it reached a high of $3.3496 in the same session. During the last five days, there has been a drop of approximately -2.08%. Over the course of the year, Petmed Express, Inc shares have dropped approximately -18.56%. Shares of the company reached a 52-week high of $5.58 on 02/05/25 and a 52-week low of $2.97 on 04/10/25.
Support And Resistance Levels for Petmed Express, Inc (PETS)
According to the 24-hour chart, there is a support level at 3.24, which, if violated, would cause prices to drop to 3.20. In the upper region, resistance lies at 3.34. The next price resistance is at 3.40. RSI (Relative Strength Index) is 39.82 on the 14-day chart, showing neutral technical sentiment.
Is Petmed Express, Inc subject to short interest?
Stocks of Petmed Express, Inc saw a sharp rise in short interest on 2025-06-13 jumping by 0.13 million shares to 1.4 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 1.27 million shares. A jump of 9.19% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 11.6 of the overall float, the days-to-cover ratio (short ratio) jumped to 11.6.
Which companies own the most shares of Petmed Express, Inc (PETS)?
In terms of Petmed Express, Inc share price expectations, FactSet research, analysts set an average price target of 7 in the next 12 months, up nearly 107.72% from the previous closing price of $3.37. Analysts anticipate Petmed Express, Inc stock to reach 19 by 2025, with the lowest price target being 7. In spite of this, 2 analysts ranked Petmed Express, Inc stock as Buy at the end of 2025. On August 05, 2021, Credit Suisse assigned a price target of “an Underperform” to the stock and resumed coverage with a $22.
