Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. PENN Entertainment Inc shares valued at $59,792 were purchased by Rogers Christopher Byron on May 12 ’25. At $16.00 per share, Rogers Christopher Byron acquired 3,737 shares. The insider’s holdings grew to 91,217 shares worth approximately $1.3 million following the completion of this transaction.
Also, HANDLER DAVID A purchased 10,000 shares, netting a total of over 175,100 in proceeds. Following the buying of shares at $17.51 each, the insider now holds 293,450 shares.
Before that, DHANDA ANUJ had added 15,000 shares to its account. In a trade valued at $276,000, the Director bought PENN Entertainment Inc shares for $18.40 each. Upon closing the transaction, the insider’s holdings increased to 15,000 shares, worth approximately $0.45 million.
As published in a research note from JP Morgan on December 13, 2024, PENN Entertainment Inc [PENN] has been rated up from a Neutral to an Overweight and the price target has been revised to $27. As of June 25, 2024, Raymond James has decreased its “an Outperform” rating to a “Mkt perform” for PENN. Earlier on June 21, 2024, Craig Hallum upgraded its rating. Their new recommendation was “a Buy” for PENN stock which previously was a “a Hold”.
Analyzing PENN Stock Performance
During the last five days, there has been a drop of approximately -12.24%. Over the course of the year, PENN Entertainment Inc shares have dropped approximately -28.36%. A 50-day SMA is recorded $15.76, while a 200-day SMA reached $18.68.
Support And Resistance Levels for PENN Entertainment Inc (PENN)
RSI (Relative Strength Index) is 36.92 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.69, which suggests the price will decrease in the coming days. Percent R is at 99.41%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
