Premier Inc [PINC] Insider Selling: Time to sell?

Premier Inc’s recently made public that its Director Bigalke John T. unloaded Company’s shares for reported $26185.0 on Jun 04 ’25. In the deal valued at $23.03 per share,1,137 shares were sold. As a result of this transaction, Bigalke John T. now holds 28,673 shares worth roughly $0.66 million.

Then, Bigalke John T. bought 1,137 shares, generating $26,185 in total proceeds.

Before that, Boudreau Helen M sold 2,000 shares. Premier Inc shares valued at $45,760 were divested by the Director at a price of $22.88 per share. As a result of the transaction, Boudreau Helen M now holds 18,668 shares, worth roughly $0.43 million.

The Benchmark Company downgraded its Premier Inc [PINC] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Canaccord Genuity’s analysts, who decreased its forecast for the stock in early May from “a Buy” to “a Hold”. Leerink Partners began covering PINC with “Market perform” recommendation on February 26, 2024. Barclays started covering the stock on January 03, 2024. It rated PINC as “an Equal weight”.

Price Performance Review of PINC

On Monday, Premier Inc [NASDAQ:PINC] saw its stock jump 0.63% to $23.08. Over the last five days, the stock has gained 0.96%. Premier Inc shares have risen nearly 8.87% since the year began. Nevertheless, the stocks have risen 22.83% over the past one year. SMA at 50 days reached $21.27, while 200 days put it at $20.64.

Levels Of Support And Resistance For PINC Stock

The Relative Strength Index (RSI) on the 14-day chart is 64.76, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 44.57%. Stochastics %K at 51.63% indicates the stock is a holding.

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