The Potential Rise in the Price of PENN Entertainment Inc (PENN) following insiders activity

PENN Entertainment Inc’s filing revealed that its Director HANDLER DAVID A acquired Company’s shares for reported $0.15 million on May 22 ’25. In the deal valued at $14.83 per share,10,000 shares were bought. As a result of this transaction, HANDLER DAVID A now holds 322,941 shares worth roughly $5.9 million.

Then, Snowden Jay A bought 34,000 shares, generating $499,766 in total proceeds. Upon buying the shares at $14.70, the CEO and President now owns 1,082,625 shares.

Before that, Rogers Christopher Byron bought 3,737 shares. PENN Entertainment Inc shares valued at $59,792 were divested by the insider at a price of $16.00 per share. As a result of the transaction, Rogers Christopher Byron now holds 91,217 shares, worth roughly $1.67 million.

Citizens JMP upgraded its PENN Entertainment Inc [PENN] rating to a Mkt outperform from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who began to cover the stock in late June with a ‘”an Overweight”‘ rating. JP Morgan also remained covering PENN and has increased its forecast on December 13, 2024 with a “an Overweight” recommendation from previously “Neutral” rating.

Price Performance Review of PENN

On Friday, PENN Entertainment Inc [NASDAQ:PENN] saw its stock jump 0.11% to $18.28. Over the last five days, the stock has gained 7.21%. PENN Entertainment Inc shares have risen nearly 0.11% since the year began. Nevertheless, the stocks have fallen -7.77% over the past one year. While a 52-week high of $23.08 was reached on 02/14/25, a 52-week low of $13.25 was recorded on 04/04/25.

Levels Of Support And Resistance For PENN Stock

The 24-hour chart illustrates a support level at 18.04, which if violated will result in even more drops to 17.81. On the upside, there is a resistance level at 18.44. A further resistance level may holdings at 18.60.

How much short interest is there in PENN Entertainment Inc?

A steep rise in short interest was recorded in PENN Entertainment Inc stocks on 2025-06-13, growing by 1.15 million shares to a total of 20.62 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 19.46 million shares. There was a rise of 5.58%, which implies that there is a positive sentiment for the stock.

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