Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Piedmont Realty Trust Inc shares valued at $109,493 were purchased by Smith Christopher Brent on May 02 ’25. At $6.59 per share, Smith Christopher Brent acquired 16,615 shares. The insider’s holdings grew to 440,492 shares worth approximately $3.13 million following the completion of this transaction.
Also, Taysom Dale H. purchased 3,000 shares, netting a total of over 18,000 in proceeds. Following the buying of shares at $6.00 each, the insider now holds 67,767 shares.
Before that, REXROAD SHERRY L had added 16,850 shares to its account. In a trade valued at $100,258, the EVP-CFO bought Piedmont Realty Trust Inc shares for $5.95 each. Upon closing the transaction, the insider’s holdings increased to 16,850 shares, worth approximately $0.12 million.
As published in a research note from Robert W. Baird on January 16, 2025, Piedmont Realty Trust Inc [PDM] has been rated down from an Outperform to a Neutral and the price target has been revised to $11. Analysts at Robert W. Baird upgraded the stock from ‘”a Neutral”‘ to ‘”an Outperform”‘ outlook in a report released in early January. As of February 07, 2019, Stifel has increased its “Sell” rating to a “Hold” for PDM. Earlier on January 09, 2019, Robert W. Baird downgraded its rating. Their new recommendation was “a Neutral” for PDM stock which previously was a “an Outperform”.
Analyzing PDM Stock Performance
On last trading session,, Piedmont Realty Trust Inc [NYSE: PDM] plunged -3.27% to $7.1. The stock’s lowest price that day was $7.08, but it reached a high of $7.37 in the same session. During the last five days, there has been a drop of approximately -3.92%. Over the course of the year, Piedmont Realty Trust Inc shares have dropped approximately -0.02%. Shares of the company reached a 52-week high of $9.25 on 01/02/25 and a 52-week low of $5.46 on 04/30/25.
Support And Resistance Levels for Piedmont Realty Trust Inc (PDM)
According to the 24-hour chart, there is a support level at 7.00, which, if violated, would cause prices to drop to 6.89. In the upper region, resistance lies at 7.29. The next price resistance is at 7.47. RSI (Relative Strength Index) is 44.80 on the 14-day chart, showing neutral technical sentiment.
Is Piedmont Realty Trust Inc subject to short interest?
Stocks of Piedmont Realty Trust Inc saw a sharp rise in short interest on 2025-05-30 jumping by 1.21 million shares to 2.73 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 1.52 million shares. A jump of 44.46% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 2.1 of the overall float, the days-to-cover ratio (short ratio) jumped to 2.1.
Which companies own the most shares of Piedmont Realty Trust Inc (PDM)?
In terms of Piedmont Realty Trust Inc share price expectations, FactSet research, analysts set an average price target of 13 in the next 12 months, up nearly 77.11% from the previous closing price of $7.34. Analysts anticipate Piedmont Realty Trust Inc stock to reach 14 by 2025, with the lowest price target being 12.
