Permian Resources Corp’s filing revealed that its Director Quinn William J acquired Company’s shares for reported $3.02 million on Mar 05 ’25. In the deal valued at $12.10 per share,250,000 shares were bought. As a result of this transaction, Quinn William J now holds 1,312,429 shares worth roughly $19.59 million.
Then, Quinn William J bought 500,000 shares, generating $6,536,600 in total proceeds. Upon buying the shares at $13.07, the Director now owns 812,429 shares.
Before that, Quinn William J bought 250,000 shares. Permian Resources Corp shares valued at $3,085,850 were divested by the Director at a price of $12.34 per share. As a result of the transaction, Quinn William J now holds 1,062,429 shares, worth roughly $15.86 million.
Susquehanna upgraded its Permian Resources Corp [PR] rating to a Positive from a a Neutral in a research note published on March 05, 2025; the price target was increased to $20 from $17. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who began to cover the stock in early January with a ‘”an Overweight”‘ rating. Goldman began covering PR with “Buy” recommendation on September 30, 2024. Wolfe Research started covering the stock on July 18, 2024. It rated PR as “a Peer perform”.
Price Performance Review of PR
On Friday, Permian Resources Corp [NYSE:PR] saw its stock jump 3.18% to $14.93. Over the last five days, the stock has gained 9.86%. Permian Resources Corp shares have risen nearly 3.82% since the year began. Nevertheless, the stocks have fallen -4.06% over the past one year. While a 52-week high of $16.78 was reached on 01/17/25, a 52-week low of $10.01 was recorded on 04/09/25.
Levels Of Support And Resistance For PR Stock
The 24-hour chart illustrates a support level at 14.66, which if violated will result in even more drops to 14.38. On the upside, there is a resistance level at 15.13. A further resistance level may holdings at 15.32.
How much short interest is there in Permian Resources Corp?
A steep rise in short interest was recorded in Permian Resources Corp stocks on 2025-05-30, growing by 7.32 million shares to a total of 41.83 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 34.51 million shares. There was a rise of 17.51%, which implies that there is a positive sentiment for the stock.
