Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Penumbra Inc shares valued at $4,366,915 were purchased by ADAM ELSESSER on May 28 ’25. At $267.91 per share, ADAM ELSESSER acquired 16,300 shares.
Also, Elsesser Adam sold 16,600 shares, netting a total of over 4,950,476 in proceeds. Following the sale of shares at $298.22 each, the insider now holds 86,613 shares.
Before that, O’Rourke Bridget had sold 100 shares from its account. In a trade valued at $28,615, the Director traded Penumbra Inc shares for $286.15 each. Upon closing the transaction, the insider’s holdings decreased to 100 shares, worth approximately $1.43 million.
As published in their initiating research note from BofA Securities on March 14, 2025, Penumbra Inc [PEN] has been a Buy and the price target has been revised to $320. Analysts at UBS started covering the stock with ‘”a Buy”‘ outlook in a report released in late January. As of December 17, 2024, Oppenheimer has initiated its “an Outperform” rating for PEN. Earlier on December 11, 2024, Wells Fargo upgraded its rating. Their new recommendation was “an Overweight” for PEN stock which previously was a “an Equal weight”.
Analyzing PEN Stock Performance
During the last five days, there has been a drop of approximately -5.99%. Over the course of the year, Penumbra Inc shares have jumped approximately 11.29%. Shares of the company reached a 52-week high of $310.00 on 02/19/25 and a 52-week low of $222.59 on 01/06/25.
Support And Resistance Levels for Penumbra Inc (PEN)
According to the 24-hour chart, there is a support level at 259.24, which, if violated, would cause prices to drop to 254.19. In the upper region, resistance lies at 271.60. The next price resistance is at 278.92. RSI (Relative Strength Index) is 37.04 on the 14-day chart, showing neutral technical sentiment.
