Patrick Industries, Inc’s recent filing unveils that its Director Forbes John A unloaded Company’s shares for reported $0.26 million on Jun 13 ’25. In the deal valued at $91.62 per share,2,875 shares were sold. As a result of this transaction, Forbes John A now holds 52,591 shares worth roughly $5.13 million.
Then, John A Forbes bought 2,875 shares, generating $267,500 in total proceeds.
Before that, Cleveland Todd M bought 2,000 shares. Patrick Industries, Inc shares valued at $165,100 were divested by the Director at a price of $82.55 per share. As a result of the transaction, Cleveland Todd M now holds 132,286 shares, worth roughly $12.92 million.
Robert W. Baird downgraded its Patrick Industries, Inc [PATK] rating to a Neutral from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who began to cover the stock in early October with a ‘”an Outperform”‘ rating. The Benchmark Company began covering PATK with “Buy” recommendation on August 29, 2024. BMO Capital Markets started covering the stock on December 07, 2023. It rated PATK as “an Outperform”.
Price Performance Review of PATK
On Tuesday, Patrick Industries, Inc [NASDAQ:PATK] saw its stock fall -1.80% to $97.63. Over the last five days, the stock has lost -0.87%. Patrick Industries, Inc shares have risen nearly 28.98% since the year began. Nevertheless, the stocks have risen 17.51% over the past one year. While a 52-week high of $102.83 was reached on 07/10/25, a 52-week low of $72.99 was recorded on 04/08/25.
Levels Of Support And Resistance For PATK Stock
The 24-hour chart illustrates a support level at 96.76, which if violated will result in even more drops to 95.89. On the upside, there is a resistance level at 99.35. A further resistance level may holdings at 101.07.
How much short interest is there in Patrick Industries, Inc?
A steep rise in short interest was recorded in Patrick Industries, Inc stocks on 2025-06-13, dropping by -0.23 million shares to a total of 3.09 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 3.32 million shares. There was a decline of -7.41%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on April 19, 2023 when KeyBanc Capital Markets began covering the stock and recommended ‘”an Overweight”‘ rating along with a $80 price target.
