Pinnacle Financial Partners Inc’s filing revealed that its CHAIRMAN MCCABE ROBERT A JR unloaded Company’s shares for reported $5.33 million on May 07 ’25. In the deal valued at $105.29 per share,50,589 shares were sold. As a result of this transaction, MCCABE ROBERT A JR now holds 209,280 shares worth roughly $22.68 million.
Then, Robert A. McCabe Jr. bought 50,589 shares, generating $5,326,503 in total proceeds.
Before that, Glover Glenda Baskin sold 3,000 shares. Pinnacle Financial Partners Inc shares valued at $304,650 were divested by the Director at a price of $101.55 per share. As a result of the transaction, Glover Glenda Baskin now holds 9,943 shares, worth roughly $1.08 million.
Jefferies initiated its Pinnacle Financial Partners Inc [PNFP] rating to a Buy in a research note published on May 21, 2025; the price target was $135. A number of analysts have revised their coverage, including Truist’s analysts, who began to cover the stock in mid May with a ‘”a Buy”‘ rating. Hovde Group also remained covering PNFP and has increased its forecast on April 16, 2025 with a “an Outperform” recommendation from previously “Market perform” rating. Barclays revised its rating on December 19, 2024. It rated PNFP as “an Overweight” which previously was an “an Equal weight”.
Price Performance Review of PNFP
On Tuesday, Pinnacle Financial Partners Inc [NASDAQ:PNFP] saw its stock jump 0.34% to $108.39. Over the last five days, the stock has gained 0.38%. Pinnacle Financial Partners Inc shares have fallen nearly -5.25% since the year began. Nevertheless, the stocks have risen 41.00% over the past one year.
How much short interest is there in Pinnacle Financial Partners Inc?
A steep rise in short interest was recorded in Pinnacle Financial Partners Inc stocks on 2025-05-15, growing by 0.25 million shares to a total of 1.59 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 1.33 million shares. There was a rise of 16.01%, which implies that there is a positive sentiment for the stock.
