Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Patrick Industries, Inc shares valued at $263,408 were sold by Forbes John A on Jun 13 ’25. At $91.62 per share, Forbes John A sold 2,875 shares. The insider’s holdings dropped to 52,591 shares worth approximately $5.11 million following the completion of this transaction.
Before that, Cleveland Todd M had added 2,000 shares to its account. In a trade valued at $165,100, the Director bought Patrick Industries, Inc shares for $82.55 each. Upon closing the transaction, the insider’s holdings increased to 2,000 shares, worth approximately $12.86 million.
As published in a research note from Robert W. Baird on April 04, 2025, Patrick Industries, Inc [PATK] has been rated down from an Outperform to a Neutral and the price target has been revised to $96. Analysts at Raymond James started covering the stock with ‘”an Outperform”‘ outlook in a report released in early October. As of August 29, 2024, The Benchmark Company has initiated its “Buy” rating for PATK. Earlier on December 07, 2023, BMO Capital Markets initiated its rating. Their recommendation was “an Outperform” for PATK stock.
Analyzing PATK Stock Performance
On last trading session, Patrick Industries, Inc [NASDAQ: PATK] plunged -3.82% to $97.24. The stock’s lowest price that day was $97.04, but it reached a high of $103.145 in the same session. During the last five days, there has been a drop of approximately -0.35%. Over the course of the year, Patrick Industries, Inc shares have jumped approximately 15.40%. Shares of the company reached a 52-week high of $103.25 on 07/30/25 and a 52-week low of $72.99 on 04/08/25.
Support And Resistance Levels for Patrick Industries, Inc (PATK)
According to the 24-hour chart, there is a support level at 94.96, which, if violated, would cause prices to drop to 92.68. In the upper region, resistance lies at 101.33. The next price resistance is at 105.43. RSI (Relative Strength Index) is 50.99 on the 14-day chart, showing neutral technical sentiment.
Is Patrick Industries, Inc subject to short interest?
Stocks of Patrick Industries, Inc saw a sharp steep in short interest on 2025-07-15 dropping by -0.14 million shares to 2.95 million. Data from Yahoo Finance shows that the short interest on 2025-06-13 was 3.09 million shares. A decline of -4.86% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 10.58 of the overall float, the days-to-cover ratio (short ratio) decline to 10.58.
Which companies own the most shares of Patrick Industries, Inc (PATK)?
In terms of Patrick Industries, Inc share price expectations, FactSet research, analysts set an average price target of 84 in the next 12 months, down nearly -16.91% from the previous closing price of $101.1. Analysts anticipate Patrick Industries, Inc stock to reach 84 by 2025, with the lowest price target being 84. In spite of this, 2 analysts ranked Patrick Industries, Inc stock as Buy at the end of 2025. On April 19, 2023, KeyBanc Capital Markets assigned a price target of “an Overweight” to the stock and initiated coverage with a $80.
