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. Performant Healthcare Inc shares valued at $587,818 were sold by Im Lisa on Jun 03 ’25. At $3.25 per share, Im Lisa sold 180,867 shares. The insider’s holdings dropped to 1,229,413 shares worth approximately $9.36 million following the completion of this transaction.
Also, Im Lisa purchased 180,867 shares, netting a total of over 587,818 in proceeds.
Before that, Im Lisa had sold 6,154 shares from its account. In a trade valued at $20,052, the Director traded Performant Healthcare Inc shares for $3.26 each. Upon closing the transaction, the insider’s holdings decreased to 6,154 shares, worth approximately $10.73 million.
As published in their initiating research note from Citizens JMP on July 10, 2025, Performant Healthcare Inc [PHLT] has been a Mkt outperform and the price target has been revised to $8. Analysts at B. Riley Securities started covering the stock with ‘”a Buy”‘ outlook in a report released in late July. Earlier on April 11, 2022, Lake Street initiated its rating. Their recommendation was “a Buy” for PHLT stock.
Analyzing PHLT Stock Performance
The stock’s lowest price that day was $7.61, but it reached a high of $7.62 in the same session. During the last five days, there has been a drop of approximately -0.26%. Over the course of the year, Performant Healthcare Inc shares have jumped approximately 109.64%. Shares of the company reached a 52-week high of $7.74 on 08/01/25 and a 52-week low of $2.17 on 05/08/25.
Support And Resistance Levels for Performant Healthcare Inc (PHLT)
According to the 24-hour chart, there is a support level at 7.61, which, if violated, would cause prices to drop to 7.60. In the upper region, resistance lies at 7.62. The next price resistance is at 7.62. RSI (Relative Strength Index) is 86.01 on the 14-day chart, showing overbought technical sentiment.
Is Performant Healthcare Inc subject to short interest?
Stocks of Performant Healthcare Inc saw a sharp steep in short interest on 2025-07-31 dropping by -0.21 million shares to 0.88 million. Data from Yahoo Finance shows that the short interest on 2025-06-30 was 1.09 million shares. A decline of -23.68% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 4.4 of the overall float, the days-to-cover ratio (short ratio) decline to 4.4.
Which companies own the most shares of Performant Healthcare Inc (PHLT)?
In terms of Performant Healthcare Inc share price expectations, FactSet research, analysts set an average price target of 7.75 in the next 12 months, up nearly 1.84% from the previous closing price of $7.61. Analysts anticipate Performant Healthcare Inc stock to reach 7.75 by 2025, with the lowest price target being 7.75. On July 07, 2021, Craig Hallum assigned a price target of “a Buy” to the stock and initiated coverage with a $10.
