PENN Entertainment Inc’s recently made public that its insider Rogers Christopher Byron acquired Company’s shares for reported $59792.0 on May 12 ’25. In the deal valued at $16.00 per share,3,737 shares were bought. As a result of this transaction, Rogers Christopher Byron now holds 91,217 shares worth roughly $1.46 million.
Then, HANDLER DAVID A bought 10,000 shares, generating $175,100 in total proceeds. Upon buying the shares at $17.51, the Director now owns 293,450 shares.
Before that, DHANDA ANUJ bought 15,000 shares. PENN Entertainment Inc shares valued at $276,000 were divested by the Director at a price of $18.40 per share. As a result of the transaction, DHANDA ANUJ now holds 31,523 shares, worth roughly $0.5 million.
JP Morgan upgraded its PENN Entertainment Inc [PENN] rating to an Overweight from a a Neutral in a research note published recently. Raymond James also remained covering PENN and has decreased its forecast on June 25, 2024 with a “Mkt perform” recommendation from previously “an Outperform” rating. Craig Hallum revised its rating on June 21, 2024. It rated PENN as “a Buy” which previously was an “a Hold”.
Price Performance Review of PENN
On Friday, PENN Entertainment Inc [NASDAQ:PENN] saw its stock jump 1.27% to $16.01. Over the last five days, the stock has gained 2.37%. PENN Entertainment Inc shares have fallen nearly -19.22% since the year began. Nevertheless, the stocks have fallen -5.27% 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. SMA at 50 days reached $15.89, while 200 days put it at $18.74.
Levels Of Support And Resistance For PENN Stock
The 24-hour chart illustrates a support level at 15.79, which if violated will result in even more drops to 15.57. On the upside, there is a resistance level at 16.15. A further resistance level may holdings at 16.29. The Relative Strength Index (RSI) on the 14-day chart is 52.44, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.25, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 38.52%. Stochastics %K at 60.95% indicates the stock is a holding.
The most recent change occurred on May 21, 2024 when Raymond James began covering the stock and recommended ‘”an Outperform”‘ rating along with a $20 price target.
