Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. PENN Entertainment Inc shares valued at $148,264 were purchased by HANDLER DAVID A on May 22 ’25. At $14.83 per share, HANDLER DAVID A acquired 10,000 shares. The insider’s holdings grew to 322,941 shares worth approximately $4.98 million following the completion of this transaction.
Also, Snowden Jay A purchased 34,000 shares, netting a total of over 499,766 in proceeds. Following the buying of shares at $14.70 each, the insider now holds 1,082,625 shares.
Before that, Rogers Christopher Byron had added 3,737 shares to its account. In a trade valued at $59,792, the insider bought PENN Entertainment Inc shares for $16.00 each. Upon closing the transaction, the insider’s holdings increased to 3,737 shares, worth approximately $1.41 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 surge of approximately 1.65%. Over the course of the year, PENN Entertainment Inc shares have dropped approximately -22.20%. Shares of the company reached a 52-week high of $23.08 on 02/14/25 and a 52-week low of $13.25 on 04/04/25.
Support And Resistance Levels for PENN Entertainment Inc (PENN)
According to the 24-hour chart, there is a support level at 15.14, which, if violated, would cause prices to drop to 14.85. In the upper region, resistance lies at 15.58. The next price resistance is at 15.74. RSI (Relative Strength Index) is 50.61 on the 14-day chart, showing neutral technical sentiment.
