Negative sentiment towards PRGO reflected by a jump of 11.9% in short interest

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Perrigo Company plc shares valued at $99,766 were purchased by Lockwood-Taylor Patrick on Aug 08 ’25. At $22.37 per share, Lockwood-Taylor Patrick acquired 4,460 shares. The insider’s holdings grew to 85,812 shares worth approximately $2.03 million following the completion of this transaction.

Also, Doyle Katherine C. purchased 11,159 shares, netting a total of over 292,477 in proceeds.

Before that, Parker Geoffrey M. had added 3,500 shares to its account. In a trade valued at $94,850, the Director bought Perrigo Company plc shares for $27.10 each. Upon closing the transaction, the insider’s holdings increased to 3,500 shares, worth approximately $0.56 million.

As published in a research note from Argus on January 14, 2025, Perrigo Company plc [PRGO] has been rated down from a Buy to a Hold. Analysts at Piper Sandler downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in early January. Earlier on November 17, 2023, Piper Sandler initiated its rating. Their recommendation was “an Overweight” for PRGO stock.

Analyzing PRGO Stock Performance

On last trading session, Perrigo Company plc [NYSE: PRGO] rose 2.56% to $23.66. The stock’s lowest price that day was $22.82, but it reached a high of $23.73 in the same session. During the last five days, there has been a surge of approximately 0.21%. Over the course of the year, Perrigo Company plc shares have dropped approximately -12.11%. Shares of the company reached a 52-week high of $30.93 on 03/03/25 and a 52-week low of $21.03 on 08/06/25.

Support And Resistance Levels for Perrigo Company plc (PRGO)

According to the 24-hour chart, there is a support level at 23.08, which, if violated, would cause prices to drop to 22.49. In the upper region, resistance lies at 23.99. The next price resistance is at 24.31. RSI (Relative Strength Index) is 35.50 on the 14-day chart, showing neutral technical sentiment.

Is Perrigo Company plc subject to short interest?

Stocks of Perrigo Company plc saw a sharp rise in short interest on 2025-07-31 jumping by 0.68 million shares to 5.7 million. Data from Yahoo Finance shows that the short interest on 2025-06-30 was 5.02 million shares. A jump of 11.9% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 6.16 of the overall float, the days-to-cover ratio (short ratio) jumped to 6.16.

Which companies own the most shares of Perrigo Company plc (PRGO)?

In terms of Perrigo Company plc share price expectations, FactSet research, analysts set an average price target of 40 in the next 12 months, up nearly 73.39% from the previous closing price of $23.07. Analysts anticipate Perrigo Company plc stock to reach 40 by 2025, with the lowest price target being 40. In spite of this, 8 analysts ranked Perrigo Company plc stock as Buy at the end of 2025. On March 07, 2023, Canaccord Genuity assigned a price target of “a Buy” to the stock and initiated coverage with a $49.

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