Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Permian Resources Corp shares valued at $3,024,525 were purchased by Quinn William J on Mar 05 ’25. At $12.10 per share, Quinn William J acquired 250,000 shares. The insider’s holdings grew to 1,312,429 shares worth approximately $17.99 million following the completion of this transaction.
Also, Quinn William J purchased 500,000 shares, netting a total of over 6,536,600 in proceeds. Following the buying of shares at $13.07 each, the insider now holds 812,429 shares.
Before that, Quinn William J had added 250,000 shares to its account. In a trade valued at $3,085,850, the Director bought Permian Resources Corp shares for $12.34 each. Upon closing the transaction, the insider’s holdings increased to 250,000 shares, worth approximately $14.57 million.
As published in a research note from Susquehanna on March 05, 2025, Permian Resources Corp [PR] has been rated up from a Neutral to a Positive and the price target has been revised to $20 from $17. Analysts at Morgan Stanley started covering the stock with ‘”an Overweight”‘ outlook in a report released in early January. As of September 30, 2024, Goldman has initiated its “Buy” rating for PR. Earlier on July 18, 2024, Wolfe Research initiated its rating. Their recommendation was “a Peer perform” for PR stock.
Analyzing PR Stock Performance
On last trading session,, Permian Resources Corp [NYSE: PR] plunged -2.14% to $13.71. The stock’s lowest price that day was $13.685, but it reached a high of $14.025 in the same session. During the last five days, there has been a drop of approximately -6.61%. Over the course of the year, Permian Resources Corp shares have dropped approximately -10.13%. Shares of the company reached a 52-week high of $16.03 on 01/17/25 and a 52-week low of $10.01 on 04/09/25.
Support And Resistance Levels for Permian Resources Corp (PR)
According to the 24-hour chart, there is a support level at 13.59, which, if violated, would cause prices to drop to 13.47. In the upper region, resistance lies at 13.93. The next price resistance is at 14.15. RSI (Relative Strength Index) is 49.41 on the 14-day chart, showing neutral technical sentiment.
Is Permian Resources Corp subject to short interest?
Stocks of Permian Resources Corp saw a sharp rise in short interest on 2025-05-30 jumping by 7.32 million shares to 41.83 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 34.51 million shares. A jump of 17.51% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 4.13 of the overall float, the days-to-cover ratio (short ratio) jumped to 4.13.
Which companies own the most shares of Permian Resources Corp (PR)?
In terms of Permian Resources Corp share price expectations, FactSet research, analysts set an average price target of 19 in the next 12 months, up nearly 35.62% from the previous closing price of $14.01. Analysts anticipate Permian Resources Corp stock to reach 19 by 2025, with the lowest price target being 19. In spite of this, 11 analysts ranked Permian Resources Corp stock as Buy at the end of 2025. On July 03, 2024, BMO Capital Markets assigned a price target of “an Outperform” to the stock and upgraded coverage with a $21.
